EssilorLuxottica : No scoops but a favourable trajectory that looks well anchored
>Short-term market conditions and medium-term financial trajectory: we are pretty positive on the tone and indications provided - The group did not provide much new information or detailed figures during yesterday’s CMD in Milan, which we think was mainly designed to demonstrate that the group now has a management and an organisation that are properly in place to press ahead and follow the course it has set. We nonetheless highlight a pretty assured tone on the outloo...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).
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.
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