HAMBURG, Germany—Global eyewear provider Fielmann Group announced preliminary consolidated sales of €1.25 billion for the first half of 2026, marking a 2 percent year-over-year increase from €1.23 billion for the first half of 2025. This growth was supported by a modest expansion in Fielmann Germany and a significant acceleration in international sales, which jumped from 1 percent growth in Q1 to 6 percent in Q2 on a year-over-year basis. In constant currency, the company’s international markets also posted a 6 percent growth rate in Q2, led by Spain and Poland with constant currency increases of 10 percent and 7 percent, respectively, compared with the same quarter last year.
Fielmann Group‘s adjusted EBITDA was approximately €296 million in the first half of the year, compared with €292 million in the first half of the previous year. Adjusted EBITDA margin was 24 percent at group level.
In the first six months of 2026, the company added an additional 37 stores, bringing its total count to 1,299 locations worldwide. This expansion was focused in international markets, specifically Luxembourg, Poland, Spain and the United States. In the second half of the year, the company said it plans to open another 33 stores, totaling up to 70 new locations in 2026 and tripling the company’s pace of expansion compared with 2025 (22 new stores and practices).
In Europe, Fielmann Group said it is complementing staff expansion with the use of artificial intelligence in its stores: using state-of-the-art eye exam technology, skilled opticians are able to carry out refractions faster without compromising quality. This new technology is currently utilized in 166 German stores, with plans to expand its implementation to a total of 300 locations across the continent by the end of the year, the company noted.
For the second half of 2026, Fielmann Group’s management projects accelerated growth, fueled by further expansion, enhanced staff capacity, and productivity gains. Whitespace in optical retail, audiology and fast-growing medical service business provide additional opportunities, the company noted, as Fielmann Group executes on its Vision 2035 growth strategy.
The company said it continues to track toward its fiscal year 2026 guidance issued in April, which outlines a 5 percent to 7 percent increase in total consolidated sales, reaching between €2.55 billion and €2.60 billion. Due to ongoing investments in future organic growth, the adjusted EBITDA margin is expected to hover around 23 percent, translating to an adjusted EBITDA of roughly €590 million to €610 million, according to the announcement.
Meanwhile, Fielmann said the adjusted EBT margin is anticipated to remain largely consistent with 2025 levels of 12 percent to 13 percent. However, because of persistent geopolitical and macroeconomic pressures weighing on consumer sentiment—particularly in Germany—the group anticipates that full-year total consolidated sales and adjusted EBITDA will likely land at the lower end of the projected guidance.
In May, the group reported record FY2025 financial results along with growth in the first quarter of 2026.
Final 2026 second quarter numbers and additional details will be published in the group’s HY1/2026 financial report on August 27, 2026.
