German contact lens firm hits 2008 targets

German contact lens firm hits 2008 targets

A German contact lens firm has pronounced itself satisfied with its performance in 2008, having met its goals for sales and profit for the year.

Fielmann, which makes contact lenses and glasses, now plans further growth in 2009, Reuters reports.

Chief financial officer Georg Zeiss said: "We are pleased with the development in 2008 and we reached our targets."

Fielmann now intends to invest 48 million euros (£45 million) in growth for the year to come.

It achieved double digit growth rate in earnings before tax, with the 2007 figure being 136 million euros (£128 million).

Fielmann"s service include free glasses for children and youngsters under the age of 18, as well as a three-year warranty on eyewear products.

As well as glasses and contact lenses, it also produces prescription goggles for wearing while swimming.

Fielmann says that wearing proper goggles while swimming protects the eyes from chlorine and salt that can be found in the water, as well as wind and sand.

by Emily Tait

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