EssilorLuxottica: confirms sales growth target

(CercleFinance.com) - EssilorLuxottica has announced consolidated sales of E6,335m for Q1 2024, up 5.
5% at constant exchange rates y-o-y (+3.0% at current exchange rates).

The Professional Solutions segment reported sales of E3,080m, up 4.6% y-o-y (+1.8% at current exchange rates).

The Direct to Consumer segment reported sales of E3,255m, up 6.3% y-o-y (+4.2% at current exchange rates).

North America reported sales of E2,875m, up 1.7% (+0.6% at current exchange rates). The EMEA region reported sales of E2,321m, up 8.5% (+5.8% at current exchange rates),

The Asia-Pacific region reported sales of E768m, up 8.2% (+2.4% at current exchange rates).

The group confirms its annual sales growth target of around 5% between 2022 and 2026 at constant exchange rates (based on pro forma 2021 sales), and expects to achieve adjusted operating income of around 19-20% of sales by the end of this period.


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