Report
Jean Danjou

EssilorLuxottica : Amélioration confirmée, ventes T3 proches de l’équilibre, le court terme reste incertain mais le cas d’investissement demeure

>Reprise des ventes au T3 aux US et en Europe, recul d’ensemble très faible à -1.1% à tcc - Les revenus du groupe pour le T3 battent légèrement les attentes (de +2%/+3% env.) ressortant à 4085 M€ et traduisant un recul y/y à taux de change constants ramené à -1.1%. On est proche de l’équilibre et, toujours sur une base tcc, la division verres (Essilor) progresse de 2.7%, la division Luxottica wholesale ne recule que de c.-1% tandis que Luxottica retail plus pénalisée...
Underlying
EssilorLuxottica SA

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).

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Jean Danjou

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