It's been a good week for Fielmann Group AG (ETR:FIE) shareholders, because the company has just released its latest interim results, and the shares gained 5.5% to €44.15. It was a credible result overall, with revenues of €1.1b and statutory earnings per share of €1.52 both in line with analyst estimates, showing that Fielmann Group is executing in line with expectations. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

See our latest analysis for Fielmann Group

Following the latest results, Fielmann Group's seven analysts are now forecasting revenues of €2.26b in 2024. This would be a notable 8.5% improvement in revenue compared to the last 12 months. Per-share earnings are expected to ascend 11% to €1.90. Yet prior to the latest earnings, the analysts had been anticipated revenues of €2.26b and earnings per share (EPS) of €1.87 in 2024. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.

The analysts reconfirmed their price target of €56.96, showing that the business is executing well and in line with expectations. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. There are some variant perceptions on Fielmann Group, with the most bullish analyst valuing it at €66.00 and the most bearish at €45.70 per share. Analysts definitely have varying views on the business, but the spread of estimates is not wide enough in our view to suggest that extreme outcomes could await Fielmann Group shareholders.

One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. The analysts are definitely expecting Fielmann Group's growth to accelerate, with the forecast 18% annualised growth to the end of 2024 ranking favourably alongside historical growth of 7.7% per annum over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 5.9% annually. It seems obvious that, while the growth outlook is brighter than the recent past, the analysts also expect Fielmann Group to grow faster than the wider industry.