(News Bulletin 247) – EssilorLuxottica recorded revenue growth of 8% to €6,699 million at constant exchange rates in the second quarter of the year (+4.9% at current exchange rates).
‘Revenue growth in the second quarter was spread across all business areas, by region, category, distribution channel and price point, with the exception of sunglasses retail in the United States, which recorded a negative performance. ‘ indicates the group
Adjusted operating income reached 2,347 million euros, representing 18.3% of revenue and up 8.8% at constant exchange rates compared to the 1st half of 2022 (+6.6% at current rates). The Group’s adjusted net income amounted to €1,655 million at 12.9% of revenue, up 9.0% at constant exchange rates compared to the first half of 2022 (+6.9% at current rates).
The Company confirms its objective of annual revenue growth of around 5% between 2022 and 2026 at constant exchange rates (based on pro forma 2021 revenue) and aims to achieve adjusted operating income of around 19 to 20% of revenue at the end of this period.
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