Q2/H1 2023 Results

Strong sales growth, solid margins confirmed

All regions and segments growing

On track with carbon neutrality in Europe by end of 2023

• Group’s revenue up 8.0% in Q2 and 8.2% in H1 at constant exchange rates¹
• EMEA double-digit up in Q2, China rebounding strongly, North America positive
• Retail in EMEA as a key driver, with the integration accelerating
• Stellest more than doubling in H1, Varilux XR successfully launched and Ray-Ban Reverse delivering disruptive design and technology
• Adjusted² operating profits margin at 18.5% at constant exchange rates¹, +10bps vs H1 2022
• Free cash flow⁵ at Euro 954 million in H1