Report
Jean Danjou

EssilorLuxottica : Summer went smoothly, trajectory under control despite macro context

>Confirmation of reassuring message from CMD concerning short term - EL’s CFO had indicated at the CMD on 14 September that the group’s performance remained satisfactory in the short term despite an increasingly hostile macroeconomic context. He emphasised that North America had succeeded in continuing to deliver growth up to that point in Q3. We now understand that the performance in the first two months of Q3 for the group as a whole group was in fact very satisfact...
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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