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Corrective lenses and optical instruments manufacturer Essilor Luxottica today announced double-digit revenue growth in the first quarter.
In the January-March period, Essilor Luxottica‘s group revenue was €5.61 billion, up 38.1% on a reported basis compared with the same period in 2021. At constant exchange rates, the group’s revenues rose 33.1% year-on-year in the first quarter.
#EssilorLuxottica’s first-quarter 2022 revenue : another quarter of double-digit growth. Read more: https://t.co/kwZ560IL0l pic.twitter.com/59idgJWYK1
— Essilor Group (@Essilor) April 22, 2022
EssilorLuxottica had forecast annual revenue growth of 5% at constant exchange rates over the period 2022 to 2026 and adjusted operating profit of 19% to 20% of revenue in 2026.
Commenting on the good results, Francesco Milleri, Chief Executive Officer, and Paul du Saillant, Chief Operating Officer, said: “We have had a very good start to the year, with solid performance and positive results in all regions and divisions. This is a good time for EssilorLuxottica: the sunny season looks good, demand for luxury brands remains strong and our product innovations, such as Stellest, have the potential to change the lives of many. The rapid progress in the integration of GrandVision is a significant step in our journey as a vertically integrated, networked company actively committed to growing the industry for the benefit of all its stakeholders.”
Read also > ESSILORLUXOTTICA GROUP : CHANGES IN THE MANAGEMENT OF GRANDVISION
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Corrective lenses and optical instruments manufacturer Essilor Luxottica today announced double-digit revenue growth in the first quarter.
In the January-March period, Essilor Luxottica‘s group revenue was €5.61 billion, up 38.1% on a reported basis compared with the same period in 2021. At constant exchange rates, the group’s revenues rose 33.1% year-on-year in the first quarter.
#EssilorLuxottica’s first-quarter 2022 revenue : another quarter of double-digit growth. Read more: https://t.co/kwZ560IL0l pic.twitter.com/59idgJWYK1
— Essilor Group (@Essilor) April 22, 2022
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Corrective lenses and optical instruments manufacturer Essilor Luxottica today announced double-digit revenue growth in the first quarter.
In the January-March period, Essilor Luxottica‘s group revenue was €5.61 billion, up 38.1% on a reported basis compared with the same period in 2021. At constant exchange rates, the group’s revenues rose 33.1% year-on-year in the first quarter.
#EssilorLuxottica’s first-quarter 2022 revenue : another quarter of double-digit growth. Read more: https://t.co/kwZ560IL0l pic.twitter.com/59idgJWYK1
— Essilor Group (@Essilor) April 22, 2022
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