* The breakdown of 2019 revenue has been restated following the integration of Costa into Luxottica’s brand portfolio. Luxottica Group S.p.A. is an Italian eyewear conglomerate and the world's largest company in the eyewear industry. EssilorLuxottica Societe Anonyme annual revenue for 2018 was $12.754B, a 50.65% increase from 2017. Influential eyewear brands including Ray-Ban and Oakley, lens technology brands including Varilux® and Transitions®, and world-class retail brands including Sunglass Hut and LensCrafters are part of the EssilorLuxottica family.In 2018, EssilorLuxottica had nearly 150,000 employees and pro forma consolidated revenues of Euro 16.2 billion. On March 5, 2019, Luxottica became 100% wholly-owned by EssilorLuxottica and its ordinary shares were delisted from the Milan Stock Exchange (Mercato Telematico Azionario - MTA), organized and managed by Borsa Italiana. Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support This website or third-party tools used by the site itself use the cookies necessary for operation and useful for the objectives illustrated in the cookie policy, including the possibility of sending you advertisements according to your interests. The Italian company employs over 80,000 people and generated 9.4 billion in revenue for 2019. EssilorLuxottica, which expects the coronavirus epidemic to fade, forecast its sales would rise 3%-5% in 2020 and adjusted net profit growth to reach up to 1.2 times its revenue growth. 30 OCTOBER 2019 3Q 2019 revenue - Third-Quarter 2019 Revenue. The Sunglasses & Readers division performed well in 2019, with revenue rising 12.5% to Euro 885 million (+8.9% at constant exchange rates 2). Media. EssilorLuxottica is a global leader in the design, manufacture and distribution of ophthalmic lenses, frames and sunglasses. Revenue 7,402 7,460 0.8% Cost of sales (3,096) (3,088) -0.3% GROSS PROFIT 4,306 4,372 1.5% As a % or Revenue 58.2% 58.6% Total operating expenses (3,031) (3,139) 3.6% OPERATING PROFIT 1,275 1.233 -3.3% As a % or Revenue 17.2% 16.5% Cost of net debt (57) (57) -1.0% Other financial income / (expenses) (3) 1 -133.4% Share of profits of associates 0 (0) n.c. Formed in 2018, its mission is to help people around the world to see more, be more and live life to its fullest by addressing their evolving vision needs and personal style aspirations. EssilorLuxottica consolidated revenue by quarter and operating segment, EssilorLuxottica consolidated revenue by quarter and geographical area. Furthermore, cybersecurity intelligence firm Bad Packets has told BleepingComputer that Luxottica had a Citrix ADX controller device vulnerable to the critical CVE-2019-19781 flaw in … Luxottica was hit by a ransomware attack that took place on September 18.. If you want to know more or refuse consent to all or some of the cookies, consult the cookie policy. Charenton-le-Pont, France (May 7, 2019 – 7:00am) – EssilorLuxottica today announced that consolidated revenue for the first quarter of 2019 totalled Euro 4,210 million, representing a … 31 JULY 2019 - 1H 2019 results - Combination at work and acceleration of the integration process - Strong free cash flow. X. 1 Pro forma: the unaudited pro forma consolidated revenue for the nine and three-month period ended September 30, 2018 was prepared for illustrative purposes only and with the aim to provide comparative information as if the combination between Essilor and Luxottica had occurred on January 1, 2018. Full year 2019 results. Third-quarter 2019 revenue by geographical area EssilorLuxottica Societe Anonyme annual revenue for 2019 was $19.477B, a 52.72% increase from 2018. EssilorLuxottica was formed by the incorporation … Luxottica's e-commerce platforms registered their strongest quarterly growth since the end of 2016, fueled by double-digit growing Ray- Ban.com, Oakley.com and SunglassHut.com. In October, the Italian website “Difesa e Sicurezza” reported that that the Nefilim ransomware operators have posted a long list of files that appear to belong to Luxottica. * The breakdown of 2019 revenue has been restated following the integration of Costa into Luxottica’s brand portfolio (see appendix). Financial data of the last period. Revenue for 2019 was 17.4 billion euros ($19.7 billion), the eyewear giant said, slightly above analysts’ average estimate. Eliminating Poor Vision in a Generation: What will it take to eliminate uncorrected refractive errors by 2050? In 2019, the global revenues of Luxottica amounted to approximately 9.5 billion … The Company brings together the complementary expertise of two industry pioneers, one in advanced lens technology and the other in the craftsmanship of iconic eyewear, to set new industry standards for vision care and the consumer experience around it. Third-quarter revenue growth of 8.4% 1 (+5.2% at constant exchange rates 2). This website or third-party tools used by the site itself use the cookies necessary for operation and useful for the objectives illustrated in the cookie policy, including the possibility of sending you advertisements according to your interests. Audio Webcast. In 2019, the global net sales of EssilorLuxottica amounted to approximately 17.39 billion euros. Momentum Continues to Build ... Luxottica Store Count. Income statement for the 1H 2018 and 1H 2017, 1, 2 For additional disclosures, please see the press release, (1) For additional disclosures, please see the press release, (3) (4) (5) For additional disclosures, please see the presentation, COPYRIGHT ©2020 LUXOTTICA GROUP P.IVA 10182640150 / All Rights ReservedSubject to direction and coordination activity by EssilorLuxottica S.A. – 712 049 618 R.C.S. Third-Quarter 2019 Revenue Momentum Continues to Build . Euro 300 to Euro 350 million in the period 2019/2021, Euro 420 to Euro 600 million by 2022/2023, The creation of one single supply chain and prescription laboratories network, The integration of Costa in the Luxottica’s brand portfolio and frame network, A systematic review of office space real estate at the country level, looking at opportunities to co-locate teams whenever possible, A pilot project in Italy to define one single IT platform to be quickly rolled out across the Company’s organization. 3 Like-for-like: growth at constant scope and exchange rates.4 Fast-growing countries or markets: include China, India, ASEAN, South Korea, Hong Kong, Taiwan, Africa, the Middle East, Russia, Eastern Europe and Latin America.5 Comparable store sales or comps: reflect, for comparison purposes, the change in sales from one period to another by taking into account in the more recent period only those stores already open during the comparable prior period. Luxottica Group’s net sales in the second quarter were Euro 2,417 million: +1.4% at constant exchange rates2 and -4.9% at current exchange rates Retail division’s net sales were Euro 1,516 million: +4.3% at constant exchange rates 2 and -2.8% at current exchange rates March 6, 2020: Full-year 2019 results. This timeline depicts the revenues of Luxottica worldwide from 2007 to 2019. Revenue for EssilorLuxottica (ESLOF) Revenue in 2019: $20.59 B In 2019 the company made a revenue of $20.59 B an increase over the years 2018 revenue that were of $12.78 B.The revenue is the total amount of income that a company generates by the sale of goods or services.Unlike with the earnings no expences are substracted. Presentation. PDF 0.25MB. Adjusted 6 operating profit: Euro 2,812 million, 16.2% of revenue. See insights on EssilorLuxottica including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. Luxottica Group is a leader in premium, luxury and sports eyewear with over 7,400 optical and sun retail stores in North America, Asia-Pacific, China, South Africa, Latin America and Europe, and a strong, well-balanced brand portfolio. Uplift in Sales and Net Profit growth Strong foundation to accelerate synergy delivery . The EssilorLuxottica share trades on the Euronext Paris market and is included in the Euro Stoxx 50 and CAC 40 indices. 31 Jul 2019. Charenton-le-Pont, France (May 7, 2019 –7:00am)– EssilorLuxottica today announced that consolidated revenue for the first quarter of 2019 totalled Euro 4,210 million, representing a year-on- year increase of 7.5% compared to Q1 2018 pro forma1revenue (+3.7% at constant exchange rates3). PDF 0.62MB. By closing this banner, scrolling this page, clicking on a link or continuing browsing in any other way, you will agree to use of the cookies. EssilorLuxottica Societe Anonyme annual revenue for 2017 was $8.466B, a 7.53% increase from 2016. This section contains financial documents of … Charenton-le-Pont, France (October 30, 2019 – 7:00am) – EssilorLuxottica today announced that consolidated revenue for the first nine months of 2019 amounted to Euro 13,086 million, … Charenton-le-Pont, France (October 30, 2019 – 7:00am) – EssilorLuxottica today announced that consolidated revenue for the first nine months of 2019 amounted to Euro 13,086 million, representing a year-on-year increase of 7.7% compared to the 2018 first nine months pro forma revenue (+4.3% at constant exchange rates). EssilorLuxottica SA's revenue fell slightly in the third quarter compared with the same period of 2019, but improved from earlier in the year, the … It is based in Milan, Italy.. As a vertically integrated company, Luxottica designs, manufactures, distributes and retails its eyewear brands, including LensCrafters, Sunglass Hut, Apex by Sunglass Hut, Pearle Vision, Target Optical, Eyemed vision care plan, and Glasses.com. As of March 31, 2019, Luxottica's retail network consisted of 9,052 stores, of which 7,066 are directly operated by the company. It reflects consolidated revenue of both groups after elimination of intercompany transactions between Essilor and Luxottica.2 Constant exchange rates: figures at constant exchange rates have been calculated using the average exchange rates in effect for the corresponding period in the previous year. For each geographic area, the calculation applies the average exchange rate of the prior period to both periods.6 Adjusted measures: adjusted from the expenses related to the combination between Essilor and Luxottica and other transactions that are unusual, infrequent or unrelated to the normal course of business as the impact of these events might affect the understanding of the Company’s performance. Transcriptions. Codes and symbols: ISIN: FR0000121667; Reuters: ESLX.PA; Bloomberg: EL:FP. E-commerce was up mid-single digit, driven by Ray-Ban.com and SunglassHut.com. In North America, EssilorLuxottica’s revenue grew by 9.1 percent (+1.2 percent at constant exchange rates) in the first quarter. EssilorLuxottica has 150,616 employees across 2 locations and €10.80 B in annual revenue in FY 2018. Revenue growth at constant exchange rates 2 of 4.4%, compared to 3.2% in 2018 pro forma 1. Lenses & Optical Instruments [*]As EssilorLuxottica announced on May 13, 2019, Leonardo Del Vecchio (Executive Chairman of EssilorLuxottica) and Hubert Sagnières (Executive Vice Chairman of EssilorLuxottica) empowered Francesco Milleri (Deputy Chairman - CEO of Luxottica Group) and Laurent Vacherot (CEO of Essilor International) with the responsibility to develop and implement the EssilorLuxottica strategy and integration process. © 2021 GlobeNewswire, Inc. All Rights Reserved. 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