Report
Jean Danjou

EssilorLuxottica : Convincing reacceleration in growth

>Sharp reacceleration in growth in Q1 to +8.6%, all regions and businesses contribute - At € 6,151m, the group’s Q1 sales showed growth of 9.7% on a reported basis and 8.6% at constant exchange rates (+3.9% in Q4). We expected € 5,923m, or +3.7% at CER and the pre-publication Visible Alpha consensus was for € 5,937m. Revenues were therefore close to +4% higher than expected and primarily reflected a notable reacceleration in growth, perceptible across all businesses ...
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

Other Reports on these Companies
Other Reports from Oddo BHF

ResearchPool Subscriptions

Get the most out of your insights

Get in touch