ESSILORLUXOTTICA - BUY | EUR130 vs. EUR142 (+17%) FY20 outlook: a more gradual recovery but EL will fare better than the rest of the industry
ESSILORLUXOTTICA - BUY | EUR130 vs. EUR142 (+17%)FY20 outlook: a more gradual recovery but EL will fare better than the rest of the industry
Severe turbulences expected for Q2
The importance of digitalization in the covid-19 crisis
Essilor International (Compagnie Generale d'Optique) designs, manufactures and sells ophthalmic lenses, ophthalmic optical instruments and equipment. Co.'s activities are divided into three segments: Lenses and Optical Instruments (Co. designs, manufactures and customizes corrective lenses such as: Varilux (progressive lenses); anti-reflective, smudge-proof and anti-static lenses (Crizal); Nikon lenses, Transitions variable-tint lenses and Kodak lenses under agreements; polarized lenses (Xperio) and fog-proof lenses (Optifog)), Equipment (Co. produces, distributes and sells equipment and consumables used by prescription laboratories) and Readers (Co. designs and sells reading glasses).
Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.
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