Third-Quarter 2019 Revenue. Momentum Continues to Build
- Third-quarter revenue growth of 8.4% (+5.2% at constant exchange rates)
- Lenses & Optical Instruments, Retail and e-commerce drove the acceleration
- Improved momentum in the USA, Europe and Mainland China
- Sales in fast-growing markets up around 10% at constant exchange rates
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).
“The continuous improvement in our performance validates our growth strategy as well as our investments in product innovation, digitalization, fast-growing markets and talent. This acceleration further demonstrates our ability to execute the business plan and deliver sales and cost synergies”, said Francesco Milleri and Laurent Vacherot. “On this basis we will confirm our efforts to transform the industry and eliminate poor vision throughout the world.”
A conference call in English will be held today at 11:30 am CET.
The meeting will be available live and may also be heard later at: