EssilorLuxottica: improved profitability in 2024
(CercleFinance.com) - EssilorLuxottica has announced a 6% increase in adjusted net income to E3.
12bn for 2024, as well as an improvement of 20 basis points in adjusted operating income to 16.7% of sales (+50bp to 17% at constant exchange rates).
The Franco-Italian optical giant posted sales of E26.5bn, up 4.4% as reported and +6% at constant exchange rates, with all four regions and both segments contributing to its performance.
At the AGM on 30 April, the Board of Directors will propose a dividend of E3.95 per share, with the option of payment in newly-issued shares. The ex-dividend date will be 7 May, and the dividend will be paid, or the shares issued, on 5 June.
The group confirms its annual sales growth target of around 5% between 2022 and 2026 at constant exchange rates, targeting sales of 27 to 28 billion euros, and anticipates adjusted operating income of around 19% to 20% of sales at the end of this period.
Copyright (c) 2025 CercleFinance.com. All rights reserved.
12bn for 2024, as well as an improvement of 20 basis points in adjusted operating income to 16.7% of sales (+50bp to 17% at constant exchange rates).
The Franco-Italian optical giant posted sales of E26.5bn, up 4.4% as reported and +6% at constant exchange rates, with all four regions and both segments contributing to its performance.
At the AGM on 30 April, the Board of Directors will propose a dividend of E3.95 per share, with the option of payment in newly-issued shares. The ex-dividend date will be 7 May, and the dividend will be paid, or the shares issued, on 5 June.
The group confirms its annual sales growth target of around 5% between 2022 and 2026 at constant exchange rates, targeting sales of 27 to 28 billion euros, and anticipates adjusted operating income of around 19% to 20% of sales at the end of this period.
Copyright (c) 2025 CercleFinance.com. All rights reserved.