Essilor : Q3 2018 sales 1% above the consensus. Guidance maintained
>Q3 2018 sales +5%l-f-l, +0.7% acquisitions, 1% above the consensus expectations - Essilor has reported Q3 2018 sales (€ 1,811m, +5% l-f-l, +0.7% acquisitions), 1% above the consensus estimates Q3 2018 sales details by division:Lenses & optical instruments division (€ 1,597m, 4.5% l-f-l, 0.6% acquisitions), 3% above our estimates.Equipment (€ 46m, 1.2% l-f-l, 0% acquisitions), 1% below our estimates.Sunglasses & readers (€ 168m, 11.4% l-f-l, 1.7% a...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).
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