HAMBURG (dpa-AFX Broker) - Analysts Warburg Research left its rating for Fielmann at "Hold" with a target price of 48 euros after figures. The opticians' chain posted strong growth in the second quarter, mainly due to a recovery in the German-speaking region (DACH), analyst Thilo Kleibauer wrote in a research note published on Monday. Fielmann is well on track to solidly increase margins in the current year, he added. However, the target for 2025 is very ambitious, especially as operating profit margins in Italy and the US are significantly below the level of the DACH region./ck/tih

Publication of the original study: 28.08.2023 / 08:15 / CEST

First disclosure of original study: 28.08.2023 / time not specified in study / CEST

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