3 min read - Published on 30 Jul 2021
EssilorLuxottica’s second quarter and first half 2021 results
Revenue acceleration, margin expansion and record cash flow
Outlook 2021 improved
Second quarter:
- Revenue +9.2% versus 2019 at constant exchange rates1
- North America best performing region, EMEA and Latin America positive
- Professional Solutions and Direct to Consumer both growing and accelerating
- Optical and sun both growing, with sun catching up in pace
- E-commerce +66% versus 2019 at constant exchange rates1, reaching 9% of total revenue
First half:
- Operating profit +35% versus 2019 at constant exchange rates1
- Adjusted2 operating profit margin at 18.5%, up 130 basis points versus 2019
- Free cash flow4 record generation at Euro 1.2 billion
