EssilorLuxottica: H1 adjusted NI up 5%
(CercleFinance.com) - EssilorLuxottica has announced adjusted net income (group share) of E1.
75bn for H1 2024, up 5.5% (+10.6% at constant exchange rates), and an adjusted operating margin of 18.3% (+0.5 point to 18.8% at constant exchange rates).
Sales of the Franco-Italian optical group rose 3.4% (+5.3% at constant exchange rates) to almost E13.3bn, in line with its long-term objectives, with growth well balanced between regions, categories and channels.
The group confirms its annual sales growth target of around 5% between 2022 and 2026 at constant exchange rates, and expects to achieve an adjusted operating margin of around 19%-20% by the end of this period.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
75bn for H1 2024, up 5.5% (+10.6% at constant exchange rates), and an adjusted operating margin of 18.3% (+0.5 point to 18.8% at constant exchange rates).
Sales of the Franco-Italian optical group rose 3.4% (+5.3% at constant exchange rates) to almost E13.3bn, in line with its long-term objectives, with growth well balanced between regions, categories and channels.
The group confirms its annual sales growth target of around 5% between 2022 and 2026 at constant exchange rates, and expects to achieve an adjusted operating margin of around 19%-20% by the end of this period.
Copyright (c) 2024 CercleFinance.com. All rights reserved.