Contact lens firm records profit

Contact lens firm records profit

Fielmann, the German maker of spectacles and contact lenses, had an increase in pretax profit last year, it has been reported.

The firm had an 18.4 per cent improvement in this figure in the year in line with estimations, according to Reuters.

Furthermore, the company announced that it wants to grow this year despite the recession.

It stated that it intends to employ hundreds more people and open 25 more outlets.

Preliminary earnings before tax were said to have gone from 136 million euros (£122 million) in 2007 to 161 million euros last year.

Sales hit 903 million euros, representing a 7.6 per cent increase.

Fielmann claims to be the largest optician in Europe and to have 16 million wearers of its glasses.

Its services include "zero-cost" glasses for people aged under 18, whereby no payment is made for either the lenses or the frame, on production of a medical insurance card or a prescription.

by Alexa Kaczka

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