Fielmann AG

Fielmann Group AG is a German eyewear company.

Fielmann stock is listed in the German MDAX index. With 6% of all optical stores, Fielmann has achieved a 24% sales market share and a 56% market share in terms of units sold. Fielmann is the market leader in Germany[2] and Europe's largest optician.[3]

History

In 1972 Günther Fielmann established the first Fielmann store in Cuxhaven, Lower Saxony. In 1981, Fielmann negotiated an agreement with the Esens statutory health insurance company, which allowed a larger selection of frames to be added to the portfolio for patients with insurance coverage.[4]

Fielmann has been listed on the German stock exchange since 1994.[5] Its stock indexing advanced from a listing in the SDAX (small and medium-sized companies) to MDAX on 6 January 2009,[6] but was relegated to SDAX in December 2019.[7]

The non-profit Fielmann-Akademie was established by the company in 2001. Located in Plön Castle, Schleswig-Holstein it is a training centre for optometrists since 2002.[8]

Since 2019, Marc Fielmann has been the sole CEO of the company, succeeding his father Günther Fielmann.[9]

After almost 40 years on Weidestrasse, the Fielmann Group opened its new Head Office at Fuhlsbuettler Strasse in Hamburg's Barmbek-Nord district on September 1, 2025. [10]

Corporate affairs

The key trends of Fielmann are (as at the financial year ending December 31):[11]

Other activities

Fielmann plants a tree for every employee every year.[12] In 2009, chancellor Angela Merkel, minister-president Peter Harry Carstensen and Günther Fielmann planted the one-millionth tree in Büdelsdorf.[13]

References

  1. Annual Report 2024 Fielmann, retrieved 30 April 2025^
  2. Birger Nicolai. Fielmann vor Einigung mit Krankenkassen (Fielmann to reach agreement with health insurances) Die Welt, 27 September 2004^
  3. Bloomberg Markets: Hidden Billionaires Bloomberg Businessweek, September 2011^
  4. Rolf Seelheim. In Esens blickte Fielmann durch (In Esens Fielmann looked through) Nordwest-Zeitung, 17 September 2009^
  5. Roger Hausmann. Fielmann – eine Aktie für Anleger mit Weitblick (Fielmann – a share for investors with visions) Finanz und Wirtschaft, 21 September 1994^
  6. Unscheduled Adjustments in MDAX and SDAX Deutsche Börse, retrieved 2018-04-26^
  7. Johannes Stoffels. Fielmann: Der Abstieg ändert wenig 4investors.de, retrieved 2021-03-15^
  8. Diethart Goos. "Ganz viel dazubezahlt": Fielmann kauft Plöner Schloss DIE WELT, 2000-12-12, retrieved 2021-03-15^
  9. Günther Fielmann zieht sich auch dem Vorstand zurück (Günther Fielmann retires from the managing board) Handelsblatt, 13 November 2019^
  10. Fielmann Group opens new Head Office in Hamburg Fielmann Group AG, 1 September 2025^
  11. Fielmann Fundamentalanalyse boerse.de, retrieved 2024-04-08^
  12. Fielmann.de – Gesellschaftliches Engagement: Fielmann-Bäume^
  13. Angela Merkels Stippvisite beim Brillenkönig 20. Mai 2009^