{"id":71960,"date":"2021-10-29T11:01:37","date_gmt":"2021-10-29T09:01:37","guid":{"rendered":"https:\/\/test2023.luxus-plus.com\/?p=71960"},"modified":"2021-10-29T11:01:37","modified_gmt":"2021-10-29T09:01:37","slug":"essilorluxottica-reports-solid-third-quarter-results","status":"publish","type":"post","link":"https:\/\/luxus-plus.com\/en\/essilorluxottica-reports-solid-third-quarter-results\/","title":{"rendered":"EssilorLuxottica reports solid third-quarter results"},"content":{"rendered":"

Corrective lenses manufacturer EssilorLuxottica reported strong revenue growth in the third quarter, led by strong sales momentum in North America and the integration of Dutch optical distributor GrandVision. This strong growth enables the group to raise its targets for 2021.<\/h4>\n

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EssilorLuxottica<\/strong> has again raised<\/strong> its targets for the full year 2021. The group expects to achieve organic revenue<\/strong> growth of 5% to 9% compared to 2019. The group had already raised<\/strong> its targets and growth<\/strong> forecasts in July.<\/p>\n

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In the period from July to September, including the newcomer GrandVision<\/strong>, the group recorded revenues<\/strong> of \u20ac5.47 billion, which represents an increase<\/strong> of 33.4% compared to the third quarter of 2020. Excluding the new integration of GrandVision<\/strong>, the group’s revenue amounted<\/strong> to \u20ac4.46 billion in the same third quarter, an increase<\/strong> of 8.7% year-on-year.<\/p>\n

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“We are very proud of EssilorLuxottica’s<\/strong> third-quarter performance<\/em>,” said Chief Executive Officer Francesco Milleri<\/strong> and Chief Operating Officer Paul du Saillant<\/strong>. “We have succeeded in maintaining the pace of recovery already achieved in the second quarter. In addition, EssilorLuxottica<\/strong> significantly increased<\/strong> its margins<\/strong>, demonstrating the operating leverage resulting from good business growth. The strength of this performance is driven by our open, multi-channel model<\/strong>, our new integrated business initiatives<\/strong> and our rich innovation pipeline<\/strong> cz-lekarna.com<\/a>. All these elements are at the heart of our long-term strategy<\/strong><\/em>.”<\/p>\n

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In the first nine months of 2021, EssilorLuxottica<\/strong> generated revenue of EUR 14.24 billion, up<\/strong> 42.9% compared with the same period of the previous year.<\/p>\n

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Read also > HILTON REPORTS BETTER-THAN-EXPECTED RESULTS<\/a><\/p>\n

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Featured photo : \u00a9 EssilorLuxottica<\/p>\n","protected":false},"excerpt":{"rendered":"

Corrective lenses manufacturer EssilorLuxottica reported strong revenue growth in the third quarter, led by strong sales momentum in North America and the integration of Dutch optical distributor GrandVision. This strong growth enables the group to raise its targets for 2021.<\/p>\n","protected":false},"author":1,"featured_media":71964,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"%%post_title%% %%sep%% %%sitetitle%%","_seopress_titles_desc":"Corrective lenses manufacturer EssilorLuxottica reported strong revenue growth in the third quarter, led by strong sales momentum in North America.","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"none","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":301,"_seopress_analysis_target_kw":"Optical,EssilorLuxottica,EssilorLuxottica group,Grandvision,EssilorLuxottica results,glasses,lences","footnotes":""},"categories":[24],"tags":[22419],"class_list":["post-71960","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-news-en"],"_links":{"self":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts\/71960","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/comments?post=71960"}],"version-history":[{"count":0,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts\/71960\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/media\/71964"}],"wp:attachment":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/media?parent=71960"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/categories?post=71960"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/tags?post=71960"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}