EssilorLuxottica: Q1 sales growth reaches 7.5%
(CercleFinance.com) - EssilorLuxottica has announced Q1 2019 sales of 4,210 million euros, up 7.
5% compared to the pro-forma sales in the same period of 2018, including 3.7% growth at constant exchange rates.
All divisions contributed to growth, led by Essilor's optical glasses and equipment division (+7.8%) and Luxottica's retail division (+10.7%), as well as all regions, starting with North America (+9.1%).
The group has confirmed its targets for 2019 (including synergies and at constant exchange rates) which include sales growth of between 3.5% and 5%, as well as increases in adjusted operating income of 0.8 to 1.2 times and adjusted net income of one to 1.5 times sales growth.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
5% compared to the pro-forma sales in the same period of 2018, including 3.7% growth at constant exchange rates.
All divisions contributed to growth, led by Essilor's optical glasses and equipment division (+7.8%) and Luxottica's retail division (+10.7%), as well as all regions, starting with North America (+9.1%).
The group has confirmed its targets for 2019 (including synergies and at constant exchange rates) which include sales growth of between 3.5% and 5%, as well as increases in adjusted operating income of 0.8 to 1.2 times and adjusted net income of one to 1.5 times sales growth.
Copyright (c) 2019 CercleFinance.com. All rights reserved.