EssilorLuxottica: confirms sales growth target

(CercleFinance.com) - EssilorLuxottica has announced that its consolidated sales for Q3 2024 totaled E6,437m, up 4.
0% y-o-y at constant exchange rates (+2.3% at current exchange rates).

For the first nine months of 2024, sales totaled E19,727m, up 4.9% y-o-y (+3.0% at current exchange rates). All channels and regions contributed to this growth.

The Professional Solutions segment posted sales of E3,017m in Q3 2024, up 3.4% on Q3 2023 (+1.3% at current exchange rates).

The Direct to Consumer segment posted sales of E3,420m, up 4.6% on Q3 2023 (+3.2% at current exchange rates). All regions contributed to the quarter's growth.

The group confirms its annual sales growth target of around 5% at constant exchange rates between 2022 and 2026 (based on pro-forma sales for 2021), targeting sales of around E27bn to E28bn, and anticipates achieving adjusted operating income of around 19% to 20% of sales by the end of this period, it says.


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