Report
Jean Danjou

EssilorLuxottica : Beyond the short-term which looks lacklustre, potential is intact

>No new details for March, previous comments showed a solid start to the year - At this stage, the group has not given any indications on March, the last month in the quarter. The group has merely reiterated previous comments on January and February; namely that activity had seen a relatively good start to the year after Q4 showed an expected slowdown with y-o-y growth cc falling below 5% to +3.9%. These comments, which described a certain ramp-up in the US, a health...
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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