EssilorLuxottica : Recovery confirmed at all activities
>The message is in line with our anticipations, the three major divisions saw a marked improvement in Q3 - From our contact with the company we note that the marked improvement in activity that we had anticipated was confirmed over the quarter, sales growth at constant forex and at group level should not be far from breakeven, signalling a return to normal at the optics chain with the exception (somewhat unsurprisingly) of sales for sunglasses linked to tourism. On ou...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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