FSE$FLMNY
Fielmann AG · Q2 2026 earnings
Q2 2026 earnings · · Investor relations
Briefing
Fielmann Group reported Q2 2026 revenue of €634.9 million and net profit attributable to shareholders of €55.8 million.
Fielmann Group AG delivered Q2 2026 results with revenue growth of 2.3% to €634.9 million, driven by accelerating international sales (+6% YoY). Net profit attributable rose 5.6% to €55.8 million (€0.67 EPS), supported by cost discipline despite subdued demand in Germany. The company published its Half-Year Financial Report on August 27, 2026, and confirmed its revised full-year guidance.
- Q2 revenue €634.9 million (+2.3% YoY from €620.83 million)
- Net profit attributable to shareholders €55.81 million (+5.6% YoY); EPS €0.67 (+6.3% YoY)
- International markets accelerated to +6% constant currency growth in Q2, led by Spain and Poland
- Company confirmed revised FY2026 guidance: sales €2.50-2.55bn, adjusted EBITDA margin 22-23%
Headline financials
Forward guidance
Management confirmed revised FY2026 outlook amid German consumer uncertainty, expecting sales acceleration in H2 driven by expansion and productivity.
Tailwinds
- International growth momentum strengthening
- Cost discipline supporting margins
- Accelerated store openings and hiring planned for H2
Headwinds
- Subdued consumer sentiment in Germany
- Lowered full-year sales and EBITDA guidance
Discussion
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