EL.PA - EssilorLuxottica Societe anonyme

Paris - Paris Delayed price. Currency in EUR
140.60
+1.60 (+1.15%)
At close: 5:35PM CET
Stock chart is not supported by your current browser
Previous close139.00
Open140.75
Bid0.00 x 0
Ask0.00 x 0
Day's range139.65 - 140.95
52-week range95.50 - 142.30
Volume640,324
Avg. volume562,824
Market cap61B
Beta (5Y Monthly)0.57
PE ratio (TTM)42.83
EPS (TTM)N/A
Earnings dateN/A
Forward dividend & yield2.04 (1.47%)
Ex-dividend date2019-05-21
1y target estN/A
All
News
Press releases
  • Globe Newswire

    EssilorLuxottica: 2019 Capital Markets Day - EssilorLuxottica is uniquely positioned to transform and accelerate the industry through its open business model

    2019 Capital Markets DayEssilorLuxottica is uniquely positioned to transform and accelerate the industry through its open business model * Integration well under way with progress in several areas and initial decisions taken to build a unified company * Long term revenue growth at mid-single digit excluding strategic acquisitions and the currency effect thanks to the balanced growth across all geographies and businesses along with a growing contribution from Direct-to-Consumer activities and Fast-Growing Markets1 * Adjusted2 operating and net profit at constant exchange rates expected to grow faster than sales in the long term                 London, United Kingdom (September 25, 2019 – 7:00 pm CET) – EssilorLuxottica, a global leader in the design, manufacture and distribution of ophthalmic lenses, frames and sunglasses, hosted its 2019 Capital Markets Day in London today, presenting its strategic vision, integration progress and long-term financial guidelines.“This is a milestone moment for EssilorLuxottica because we have successfully mapped out our go-forward strategy and initiated the first concrete moves of the integration. The teams are working well together, and we are fully energized about what the future holds, not just for us, but for the entire industry,” commented Francesco Milleri, Deputy Chairman – CEO of Luxottica Group."We are very pleased to have shared the first steps towards the unification of EssilorLuxottica today including our strategic vision for the eyecare and eyewear industry, our latest innovation and an update on our integration progress. I am increasingly confident in our future each time I see the dedication, talent and expertise of our strong teams around the world. Together, we will take great strides to bring better vision to the billions of people in need around the world,” added Laurent Vacherot, CEO of Essilor International.Strategic Vision In a presentation to investors, EssilorLuxottica shared its strategic vision for the future, where combining the strengths of Essilor and Luxottica will open up new avenues for growth and enable the Company to achieve its purpose, “see more, be more, and live life to its fullest”.EssilorLuxottica’s plans to grow its business and the broader industry are rooted in the following pillars: * An open business model where eyecare and eyewear products are accessible to everyone, everywhere. This will be made possible as the Company shifts to a global network model made up of stores, prescription laboratories, logistics hubs, R&D centers and digital properties, all connected in real time and benefiting from advanced analytics and data * Accelerated Innovation that leverages both companies’ research and development; supply chain advancement by combining frames and lenses for the complete pair; revolutionizing the eye exam; developing smart eyewear and new categories * Reshaping the consumer journey from refraction exam, awareness and storytelling to access and convenience to digitally enabled stores * Embedding sustainability at EssilorLuxottica’s core: from responsible environmental practices to philanthropic initiatives to employee shareholding          Progress on the Integration During the first nine months of the year, the Company put in place a structured process to drive integration and deliver synergies. The net impact on adjusted2 operating profit of those synergies is expected to be in the range of: * Euro 300 to Euro 350 million in the period 2019/2021 * Euro 420 to Euro 600 million by 2022/2023With the ultimate objective of building a unified company, EssilorLuxottica has launched more than 20 priority work streams and 160 business initiatives that are being implemented globally. This activity is under the leadership of more than 40 key executives with the full commitment of dedicated teams involving more than 800 employees across the two organizations.First steps include: * The creation of one single supply chain and prescription laboratories network * The integration of Costa in the Luxottica’s brand portfolio and frame network * The introduction of a Co-location model to systematically review headquarters locations for EssilorLuxottica * A pilot project in Italy to define one single IT platform to be quickly rolled out across the Company’s organizationBuilding the foundations of a new common culture The Company is building the foundations of a new culture by combining the best of both worlds. This includes Essilor’s employee shareholding culture and Luxottica’s welfare traditions, to name a few examples. On September 26, the Company will start campaigning its new global employee shareholding plan. For the first time, the plan will include Luxottica’s employees in Italy, paving the way for a full roll-out of the initiative within EssilorLuxottica globally in the future. As of today, more than 46,000 Essilor employees are EssilorLuxottica shareholders.Guidelines on financial targets EssilorLuxottica will continue to rely on a strong foundation for future growth, including state-of-the-art research and development, strong brands, sustainable growth levers, and powerful human capital. In the long-term (up to 2023), the Company’s ambition on financial targets, all of which exclude the impact of strategic acquisitions and currency effect, is as follow: * Sales: mid-single digit growth with a growing contribution from Direct-to-Consumer activities and Fast-Growing Markets1 * Adjusted2 operating profit: 1.0–1.4x sales * Adjusted2 net profit: 1.0–1.5x salesNotes1 Fast-Growing Countries or Markets: include China, India, ASEAN, South Korea, Hong Kong, Taiwan, Africa, the Middle East, Russia, Eastern Europe and Latin America. 2 Adjusted measures or figures: adjusted from the expenses related to the combination between Essilor and Luxottica and other transactions that are unusual, infrequent or unrelated to the normal course of business as the impact of these events might affect the understanding of the Company’s performance.EssilorLuxottica is a global leader in the design, manufacture and distribution of ophthalmic lenses, frames and sunglasses. Formed in 2018, its mission is to help people around the world to see more, be more and live life to its fullest by addressing their evolving vision needs and personal style aspirations. The company brings together the complementary expertise of two industry pioneers, one in advanced lens technology and the other in the craftsmanship of iconic eyewear, to set new industry standards for vision care and the consumer experience around it. Influential eyewear brands including Ray-Ban and Oakley, lens technology brands including Varilux® and Transitions®, and world-class retail brands including Sunglass Hut and LensCrafters are part of the EssilorLuxottica family. In 2018, EssilorLuxottica had nearly 150,000 employees and pro forma consolidated revenues of Euro 16.2 billion. The EssilorLuxottica share trades on the Euronext Paris market and is included in the Euro Stoxx 50 and CAC 40 indices. Codes and symbols: ISIN: FR0000121667; Reuters: ESLX.PA; Bloomberg: EL:FP. CONTACTSEssilorLuxottica Investor Relations (Charenton-le-Pont) Tel: + 33 1 49 77 42 16 (Milan) Tel: + 39 (02) 8633 4870 E-mail: ir@essilorluxottica.comEssilorLuxottica Corporate Communications (Charenton-le-Pont) Tel: + 33 1 49 77 45 02 (Milan) Tel: + 39 (02) 8633 4470 E-mail: media@essilorluxottica.com Attachment * DOWNLOAD PDF VERSION OF THE NEWS RELEASE

  • Globe Newswire

    EssilorLuxottica: Disclosure of Share Capital and Voting Rights Outstanding as of May 31, 2019

    Disclosure of Share Capital and Voting Rights Outstanding as of May 31, 2019(Pursuant to Article L.233-8 II of the French Commercial Code and articles 221-1 and 223-16 of the General Regulations of the Autorité des Marchés Financiers)Charenton-le-Pont, France (June 5, 2019 - 6:00 pm) \- As of May 31, 2019, shares and voting rights outstanding of EssilorLuxottica, the global leader in the design, manufacture and distribution of ophthalmic lenses, frames and sunglasses, breaks down as indicated below.  May 31, 2019 Shares outstanding   436,070,6651 Number of real voting rights (excluding treasury shares) 434,970,908 Theoretical number of voting rights (including treasury shares) 436,070,665 It is to be noted that voting rights are capped at 31%, applicable to any shareholder, in accordance with a formula contained in article 23 of EssilorLuxottica’s by-laws2.For further information, please consult the Prospectus which received Visa No. 18-460 from the AMF on September 28, 2018 and its Securities Note Supplement which received Visa No. 18-494 from the AMF on October 23, 2018, available on the website www.essilorluxottica.com.EssilorLuxottica is a global leader in the design, manufacture and distribution of ophthalmic lenses, frames and sunglasses. Formed in 2018, its mission is to help people around the world to see more, be more and live life to its fullest by addressing their evolving vision needs and personal style aspirations. The Company brings together the complementary expertise of two industry pioneers, one in advanced lens technology and the other in the craftsmanship of iconic eyewear, to set new industry standards for vision care and the consumer experience around it. Influential eyewear brands including Ray-Ban and Oakley, lens technology brands including Varilux® and Transitions®, and world-class retail brands including Sunglass Hut and LensCrafters are part of the EssilorLuxottica family. In 2018, EssilorLuxottica had nearly 150,000 employees and pro forma consolidated revenues of Euro 16.2 billion. The EssilorLuxottica share trades on the Euronext Paris market and is included in the Euro Stoxx 50 and CAC 40 indices. Codes and symbols: ISIN: FR0000121667; Reuters: ESLX.PA; Bloomberg: EL:FP.  CONTACTSEssilorLuxottica Investor Relations (Charenton-le-Pont) Tel: + 33 1 49 77 42 16 (Milan) Tel: + 39 (02) 8633 4870 E-mail: ir@essilorluxottica.com EssilorLuxottica Corporate Communications (Charenton-le-Pont) Tel: + 33 1 49 77 45 02 (Milan) Tel: + 39 (02) 8633 4470 E-mail: media@essilorluxottica.com * * *  1 Including 365 shares delivered but not yet registered. 2 EssilorLuxottica’s by-laws are available on the Company’s website under the section Governance / Publications or by clicking here.  Attachment * DOWNLOAD PDF VERSION OF THE NEWS RELEASE

  • GlobeNewswire

    EssilorLuxottica: 2018 pro forma results - Solid growth, sound profitability and cash flow - A robust foundation for EssilorLuxottica

    Charenton-le-Pont, France (March 8, 2019) - The Board of Directors of EssilorLuxottica met on March 7, 2019 to approve the financial statements for 2018. The Board of Directors has also approved the unaudited pro forma1 consolidated financial information, which has been prepared for illustrative purposes only. "We are proud to present strong Luxottica and Essilor combined results.

  • GlobeNewswire

    EssilorLuxottica :Disclosure of Share Capital and Voting Rights Outstanding as of February 28, 2019

    Disclosure of Share Capital and Voting Rights Outstanding as of February 28, 2019 (Pursuant to Article L.233-8 II of the French Commercial Code and articles 221-1 and 223-16 of the General Regulations ...

  • GlobeNewswire

    EssilorLuxottica: Disclosure of Share Capital and Voting Rights Outstanding as of January 31, 2019

    Disclosure of Share Capital and Voting Rights Outstanding as of January 31, 2019 (Pursuant to Article L.233-8 II of the French Commercial Code and articles 221-1 and 223-16 of the General Regulations of ...

  • GlobeNewswire

    EssilorLuxottica: Disclosure of Share Capital and Voting Rights Outstanding as of December 31, 2018

    Disclosure of Share Capital and Voting Rights Outstanding as of December 31, 2018 (Pursuant to Article L.233-8 II of the French Commercial Code and articles 221-1 and 223-16 of the General Regulations ...

By using Yahoo, you agree that we and our partners can use cookies for purposes such as customising content and advertising. See our Privacy Policy to learn more