Report
Jean Danjou

EssilorLuxottica : Semestriels de très bonne facture, la suite sera plus difficile mais le groupe est bien armé

>Amérique du Nord toujours en positif au T2, progression de la marge de 100 pb y-o-y en pro forma au S1 - Le groupe publie pour le S1 un CA de 11994 M€ (dont 6387 M€ pour le seul T2, soit une croissance y-o-y tcc - pro forma atteignant +7% sur le trimestre, vs +11.5% au T1) et un EBIT ajusté de 2202 M € (soit une marge à 18.4%, vs 17.4% en pro forma au S1 l’an dernier). Nous tablions sur un CA de 11794 M€ (T2 à 6187 M€ soit une croissance de 3.5% y-o-y tcc – pro forma...
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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