EL.PA - EssilorLuxottica Societe anonyme

Paris - Paris Delayed price. Currency in EUR
120.00
+1.45 (+1.22%)
As of 10:46AM CEST. Market open.
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Previous close118.55
Open119.40
Bid0.00 x 0
Ask0.00 x 0
Day's range119.20 - 120.60
52-week range86.76 - 145.00
Volume55,347
Avg. volume676,815
Market cap52.227B
Beta (5Y monthly)0.81
PE ratio (TTM)49.18
EPS (TTM)N/A
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend date21 May 2019
1y target estN/A
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Press releases
  • Globe Newswire

    EssilorLuxottica : Disclosure of Share Capital and Voting Rights Outstanding as of June 30, 2020

    Disclosure of Share Capital and Voting Rights Outstanding as of June 30, 2020(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 (July 6, 2020 - 6:00 pm) \- As of June 30, 2020, 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. June 30, 2020 Shares outstanding  437,584,1971 Number of real voting rights (excluding treasury shares)435,246,887 Theoretical number of voting rights (including treasury shares)437,584,197 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 2019, EssilorLuxottica had over 150,000 employees and consolidated revenues of Euro 17.4 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/ Media Relation (Charenton-le-Pont) Tel: + 33 1 49 77 45 02 (Milan) Tel: + 39 (02) 8633 4470 E-mail: media@essilorluxottica.com * * * 1 Including 19,766 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

  • Globe Newswire

    EssilorLuxottica : 2020 Annual Shareholders’ Meeting: Shareholders adopt all Board resolutions

    EssilorLuxottica 2020 Annual Shareholders’ Meeting: Shareholders adopt all Board resolutionsCharenton-le-Pont, France (June 25, 2020 – 11:30 am) – EssilorLuxottica’s Annual Shareholders’ Meeting was held today behind closed doors at the Company’s headquarters in Paris, chaired by Juliette Favre, Director of EssilorLuxottica and President of Valoptec, the association of EssilorLuxottica employee-shareholders. EssilorLuxottica shareholders were invited to submit their votes prior to the meeting. EssilorLuxottica shareholders approved all the 14 resolutions submitted by the Board of Directors. All presentations, along with answers to the questions sent by shareholders and results of votes are available at EssilorLuxottica.com, on a dedicated webpage – https://www.essilorluxottica.com/2020agm. Dividend to be discussed by end of year based on the Group’s recovery assessment As announced in April in order to take the necessary measures to respond to the COVID-19 pandemic and to prepare the Company for recovery, the Board of Directors of EssilorLuxottica has decided not to submit a dividend distribution. In the second half of the year, it will further assess the state of the business and the efficacy of all the measures undertaken to face the pandemic. If the recovery is solid enough, a special dividend payment could be proposed before the end of 2020.As highlighted in today’s presentations, the Company enjoyed strong momentum and cash flow through its activities in 2019. This provided a solid basis to accelerate on the plan presented at the Capital Markets Day 2019 and deliver the expected synergies. The Company also successfully enhanced its product innovation including e-chromic eyewear and most recently the Ray-Ban complete pair offer with Essilor lenses. It also further digitalized its business and progressed in several integration workstreams.In the first half of this year, EssilorLuxottica responded to the COVID-19 pandemic by protecting its people and communities, alongside its business. This included heightened health and safety measures across factories, stores and offices, and the launch of a Euro 100 million fund and emergency pay plan to help the most vulnerable employees and their families. To support customers throughout this crisis, EssilorLuxottica developed training and designed a set of recommendations on how to reorganize in-store spaces for increased safety, as well as guidance on the safe use of instruments for eye exams and measurement. The Company also donated more than two million units of personal protective equipment including safety goggles, protective eyewear and face masks to hospitals, public institutions, employees and partners in the various countries in which it operates. These include China, Italy, France, Germany, Spain, Portugal, the United States, Brazil, Colombia, Israel, Australia, India, Bangladesh, and many more. As lockdowns are gradually being lifted across geographies, the Company has reopened all of its factories and most of its stores and has begun to see initial signs of recovery.Update on the Board of Directors composition EssilorLuxottica shareholders have ratified the appointment of Paul du Saillant, CEO of Essilor International, as Director of EssilorLuxottica, replacing Laurent Vacherot, who retired earlier in the year.“We want to thank all shareholders for supporting our efforts to lead in the best possible way. Our focus today is two-fold: continue to drive our business with the necessary safety measures for our people and our customers, while accelerating our recovery and catching new opportunities. I am proud of the decisions that we made and the way our management and our teams have executed our strategy. In the face of adversity, we have shown what we are truly made of,” commented Leonardo Del Vecchio, Executive Chairman of EssilorLuxottica. “The engagement of our people and the agility of our operations illustrate the strength of our mission. The Company’s commitment to helping its customers and communities demonstrates its unfailing support not only to the industry, but also to populations in need everywhere in the world. In an industry that has once again proven resilient, together we are doing all that is needed so the Company can continue to play its role and deliver on its mission,” added Hubert Sagnières, Executive Vice-Chairman of EssilorLuxottica.To read today’s message to shareholders by the Executive Chairman and Executive Vice Chairman, click here.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 2019, EssilorLuxottica had over 150,000 employees and consolidated revenues of Euro 17.4 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, 2020

    Disclosure of Share Capital and Voting Rights Outstanding as of May 31, 2020(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, 2020 - 6:00 pm) \- As of May 31, 2020, 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, 2020 Shares outstanding  437,581 8311 Number of real voting rights (excluding treasury shares)435,244,521 Theoretical number of voting rights (including treasury shares)437,581,831 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 2019, EssilorLuxottica had over 150,000 employees and consolidated revenues of Euro 17.4 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/ Media Relation (Charenton-le-Pont) Tel: + 33 1 49 77 45 02 (Milan) Tel: + 39 (02) 8633 4470 E-mail: media@essilorluxottica.com 1 Including 17,400 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 THE PDF VERSION OF THE NEWS RELEASE

  • Globe Newswire

    EssilorLuxottica: Successful Euro 3 billion bond issuance

    NOT TO BE RELEASED, PUBLISHED OR DISTRIBUTED DIRECTLY OR INDIRECTLY IN THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA OR JAPANThis press release does not constitute a solicitation nor an offer to purchase the Bonds (as such term is defined below) in the United States of America or to, or for the account or benefit of, U.S. Persons (as defined in Regulation S under the US Securities Act of 1933, as amended (the “Securities Act”)). The Bonds may not be offered or sold in the United States of America or to, or for the account or benefit of, U.S. Persons unless they are registered or exempt from registration under the Securities Act. EssilorLuxottica does not intend to register any portion of the offering of the Bonds in the United States or to conduct a public offering of the Bonds in the United States.The Bonds were offered only to qualified investors as defined by MiFID II (as defined hereafter). The Bonds may not be offered or sold to retail investors (as defined hereafter). No Key Information Document under PRIIPS Regulation (as defined hereafter) has been nor will be prepared.EssilorLuxottica: successful Euro 3 billion bond issuanceCharenton-le-Pont, France (May 29, 2020 – 7.00 am) – EssilorLuxottica (rated A2 stable by Moody’s and A stable by S&P) successfully launched yesterday a bond issuance for a total amount of Euro 3 billion with tenors of 3.6 and 5.6 and 8 years, carrying respectively a coupon of 0.25%, 0.375% and 0.5% (the "Bonds") with an average yield of 0.46%.The order book peaked close to Euro 11 billion, attracting quality institutional investors, demonstrating high confidence in EssilorLuxottica’s business model and credit profile.The proceeds of this issuance will be used for general corporate purposes.Admission of the bonds to trading on Euronext Paris will be effective on the settlement date, which is expected to take place on June 5th, 2020.DISCLAIMERProhibition of sales to European Economic Area retail investors No action has been undertaken or will be undertaken to make available any Bonds to any retail investor in the European Economic Area ("EEA"). For the purposes of this provision: (a) the expression "retail investor" means a person who is one (or more) of the following: (i) a retail client as defined in point (11) of Article 4(1) of Directive 2014/65/EU (as amended, "MiFID II"); or (ii) a customer within the meaning of Directive (EU) 2016/97, where that customer would not qualify as a professional client as defined in point (10) of Article 4(1) of MiFID II; and(b) the expression “offer" includes the communication in any form and by any means of sufficient information on the terms of the offer and the Bonds to be offered so as to enable an investor to decide to purchase or subscribe the Bonds.Consequently, no key information document required by Regulation (EU) No 1286/2014 (as amended, the "PRIIPs Regulation") for offering or selling the Bonds or otherwise making them available to retail investors in the EEA has been prepared and therefore offering or selling the Bonds or otherwise making them available to any retail investor in the EEA may be unlawful under the PRIIPS Regulation. France The Bonds have only been and will only be offered or sold or cause to be offered or sold, directly or indirectly to and distribution of any offering material relating to the Bonds have been and will be made in France only to qualified investors (investisseurs qualifiés) pursuant to Regulation (EU) 2017/1129 (the “Prospectus Regulation") and Article L.411-2 1° of the French Code monétaire et financier. This press release and the information contained herein do not constitute an offer to sell or subscribe, nor a solicitation of an order to purchase or subscribe the notes in any country, in particular in the United States. The publication, distribution or transmission of this press release may, in certain countries, be subject to legal restrictions. Persons in possession of this press release should inform themselves about and comply with any applicable restrictions. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.United Kingdom This press release is addressed and directed only (i) to persons located outside the United Kingdom, (ii) to investment professionals as defined in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”), (iii) to people designated by Article 49(2) (a) to (d) of the Order or (iv) to any other person to whom this press release could be addressed pursuant to applicable law (the persons mentioned in paragraphs (i), (ii), (iii) and (iv) all deemed relevant persons (“Relevant Persons”)). The Bonds are intended only for Relevant Persons and any invitation, offer of contract related to the subscription, tender, or acquisition of the Bonds may be addressed and/or concluded only with Relevant Persons. All persons other than Relevant Persons must abstain from using or relying on this document and all information contained therein. This press release is not a prospectus which has been approved by the Financial Conduct Authority or any other United Kingdom regulatory authority for the purposes of Section 85 of the Financial Services and Markets Act 2000.United States of America This press release may not be released, published or distributed in or into the United States of America (as defined in Regulation S under the Securities Act). This press release does not constitute or form a part of an offer of securities for sale or an offer of securities for sale or of any offer or solicitation to purchase securities in the United States of America or to, or for the account or benefit, of U.S. Persons except in accordance with Regulation S under the Securities Act or pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in compliance with state securities laws.The Bonds will be offered or sold only in offshore transactions outside of the United States of America, in accordance with Regulation S of the Securities Act. EssilorLuxottica does not intend to register any portion of the offering of the Bonds in the United States and no public offering will be made in the United States. Australia, Canada and Japan The Bonds may not and will not be offered, sold or purchased in Australia, Canada or Japan. The information contained in this press release does not constitute an offer of securities for sale in Australia, Canada or Japan.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 2019, EssilorLuxottica had over 150,000 employees and consolidated revenues of Euro 17.4 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 April 30, 2020

    Disclosure of Share Capital and Voting Rights Outstanding as of April 30, 2020(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 (May 5, 2020 - 6:00 pm) \- As of April 30, 2020, 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. April 30, 2020 Shares outstanding  437,581 6911 Number of real voting rights (excluding treasury shares)435,244,381 Theoretical number of voting rights (including treasury shares)437,581,691 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 2019, EssilorLuxottica had over 150,000 employees and consolidated revenues of Euro 17.4 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.   CONTACTS   EssilorLuxottica 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/ Media Relation (Charenton-le-Pont) Tel: + 33 1 49 77 45 02 (Milan) Tel: + 39 (02) 8633 4470 E-mail: media@essilorluxottica.com 1 No share delivered in April. 2 EssilorLuxottica’s by-laws are available on the Company’s website under the section Governance / Publications or by clicking here. Attachment * DOWNLOAD THE PDF VERSION OF THE NEWS RELEASE

  • Globe Newswire

    EssilorLuxottica : Good resistance for the first quarter with revenue down 10%, Taking measures to control costs and preserve cash & Preparing for recovery and delivering on our responsibilities to all

    Good resistance for the first quarter with revenue down 10% Taking measures to control costs and preserve cash Preparing for recovery and delivering on our responsibilities to all                                        * Solid growth up to February, followed by material declines in March due to COVID-19 * Optical business less affected, Online sales up double digits * Robust balance sheet and liquidity with Euro 4.9 billion in cash and short-term investments * Positioned for recovery with strong product pipeline and go to market strategy * Enhanced corporate citizenship to support communities, employees and customers  Charenton-le-Pont, France (May 5, 2020 – 7:00am) – EssilorLuxottica today announced that consolidated revenue for the first quarter of 2020 totalled Euro 3,784 million, representing a year-on-year decline of 10.1% compared to Q1 2019 revenue (-10.9% at constant exchange rates1), revealing good resistance in the current unprecedented global crisis.“The market is going through an unprecedented crisis and we have answered the call as a leader with a responsibility to everyone whose lives we touch. Leading by example during the COVID-19 pandemic, we are working hard to keep our employees and their families safe, provide essential vision care for emergency workers on the front lines and do our part to support the customers and partners who make up the lifeblood of our business.While we are adapting the organization for the few months ahead, early experience from the first countries to open is encouraging. When the crisis fades, the resilient demand for better vision will be visible again and we will be ready to serve it.The digitally powered network that we have worked hard to build, connecting more than 400,000 optical stores and labs, can now guarantee the best support to our customers and an open door for all consumers even in the most difficult times.This combination of social and business leadership will strongly help EssilorLuxottica and the entire industry when a wider recovery materializes. Until then, we continue to sharpen our digital assets, feed our consumers’ love for brands and build on our talents”, commented Francesco Milleri, CEO and Deputy Chairman of Luxottica, and Paul du Saillant, CEO of Essilor. Update on the COVID-19 crisisEssilorLuxottica entered the COVID-19 crisis with the advantage of a balanced market exposure spanning multiple products, channels, price points and geographies as well as about 70% of revenue exposed to resilient optical prescription needs. Its recent digital transformation has allowed the Company to strengthen its customer and consumer relationships during this downturn through CRM, e-commerce, online learning and social media.In responding to the crisis, EssilorLuxottica’s priority has been to ensure the health and safety of its employees. It swiftly leveraged its strong IT capabilities to implement remote connections with employees, customers and consumers and deliver a functional and productive work-from-home strategy. It launched a Euro 100 million fund to support employees and their families in need and activated emergency pay for its most vulnerable employee population in factories and retail stores. The Company also honored its commitment to social responsibility by donating over two million pieces of personal protective equipment including safety goggles, protective eyewear and face masks to hospitals, public institutions, employees and partners wherever it has local roots.EssilorLuxottica implemented strict measures to secure business continuity, control costs and preserve cash in order to position itself for a successful future: * The Company relied on its diverse and flexible manufacturing, logistics and optical lab footprint to provide business continuity despite closures required by government guidelines and adapted the capacity utilization to current demand. * Costs were quickly controlled through employee furloughs, reductions or deferrals of manager compensation, suspension of marketing expenses and negotiations with suppliers and landlords. * Cash was preserved thanks to the cessation of share buybacks, the decision not to propose a dividend distribution to the Annual Shareholders’ Meeting and the suspension of all non-crucial investments. * New acquisitions and partnerships were put on hold until the economy stabilizes.Although group revenue has declined further in April, worldwide needs for better vision are structural and likely to fuel pent-up demand when the crisis fades, leading optical to be one of the first essential categories to restart. For instance, online sales staged an acceleration since March, when they reached 7% of group revenue versus 5% for the quarter, and they increased further in April. In the first countries to reopen, domestic sales of prescription products have regained momentum since the end of March. In China, domestic sales of prescription lenses returned to year-on-year growth since the end of April, even though total sales were still down. The Company is prepared for wider recovery with a pipeline of innovative branded products well suited to the new environment. The first quarter of 2020 was marked by solid trends until March, followed by a rapid decline in most markets due to store closures related to the COVID-19 pandemic. Given the Company’s reliance on eye exam activity and retail traffic, activity slowed across all divisions and geographies where social distancing measures were enacted.First-quarter 2020 revenue by operating segmentIn millions of Euros1Q 20201Q 2019*Change at constant rates1Currency effectChange (reported) Lenses & Optical Instruments1,5891,674-5.8%0.7%-5.1% Sunglasses & Readers134167-20.5%1.2%-19.3% Equipment3844-14.4%1.5%-12.9% Essilor revenue1,7621,885-7.3%0.8%-6.5% Wholesale695867-19.8%0.0%-19.8% Retail1,3271,458-10.3%1.3%-9.0% Luxottica revenue2,0232,325-13.8%0.8%-13.0% Total revenue3,7844,210-10.9%0.8%-10.1% * The breakdown of 2019 revenue has been restated following the integration of Costa into Luxottica’s brand portfolio.Lenses & Optical Instruments The Lenses & Optical Instruments division saw revenue decline by 5.1% (-5.8% at constant exchange rates1). This resilient performance was adversely affected by closures of optical retail outlets across North America, Latin America, Europe and Asia, most of which have continued in April. However, market activity started a gradual recovery from early March in China as reopening began. E-commerce activity has strengthened since March as consumers have continued to complete optical purchases of both eyeglasses and contact lenses online. The global roll-out of innovation from the Company’s product pipeline was postponed but is ready to resume upon broader market reopening, including Transitions Signature GEN 8, AVA lenses for better accuracy and the successful Vision-R 800 measuring instrument. Sunglasses & ReadersThe Sunglasses & Readers division reported revenue down 19.3% (-20.5% at constant exchange rates1). The current scope includes Xiamen Yarui Optical (Bolon) and MJS, which operate mainly in China, and FGX, which operates primarily in North America. While the year started well for all three businesses, Xiamen Yarui Optical (Bolon) and MJS were impacted by the COVID-19 related lockdowns in China from late January. Their decrease gradually subsided from mid-March with the optical prescription category outperforming sun, which has been much slower so far in the recovery. FGX was impacted by the lockdowns in Europe and the United States from March. Online sales for the division posted double-digit growth in the first quarter.Equipment The Equipment division reported a decrease of 12.9% in revenue (-14.4% at constant exchange rates1). First quarter dynamics carried over from 2019 in most markets ahead of the COVID-19 impact. In response to the crisis customers took steps to shore up near term supplies, which positively impacted consumable sales, and postponed new orders of machine equipment pending a stabilization in market conditions. WholesaleIn the first quarter of the year, Luxottica Wholesale posted Euro 695 million revenue, with a 19.8% decline versus the same period of last year at both current and constant exchange rates1. The division’s performance sharply deteriorated in March, when more than two thirds of the Company’s customers shut down stores worldwide and foot traffic in the remaining locations collapsed. In the quarter, all the regions were equally down and the positive price mix, the consolidation of Barberini and the integration of Costa into Luxottica’s brand portfolio (included in 2019 revenue on a restated basis) could not materially offset the sales decline due to COVID-19. In terms of mix, the prescription business proved to be more resilient than sunglasses. Third-party e-commerce platforms recorded solid growth, in particular in North America where sales were up double digit.RetailLuxottica Retail recorded Euro 1,327 million revenue, down year-on-year 9.0% at current and 10.3% at constant exchange rates1. The division posted a strong start to the year in January-February with sales up 8.0% (+5.5% at constant exchange rates1) and then experienced a visible contraction in March as the lockdown measures and mobility restrictions introduced in most of the countries took effect. These restrictions forced the Company to enact massive store closures and caused material traffic decline in the locations that were still operating. The unprecedented situation led to the closure of approximately one third of Luxottica’s retail optical stores and most of the sun locations on a global scale at the end of the quarter. Retail optical in North America and Australia-New Zealand proved to be relatively less affected, down low-to-mid single digit in sales at constant exchange rates1 in the quarter after a strong performance in January-February. This was due to a later emergence of COVID-19 in those regions as well as the continued essential eyecare the optical networks provided to their clients in need. Luxottica’s direct e-commerce was up 14% in the first quarter, with all the major proprietary platforms posting solid growth. First-quarter 2020 revenue by geographical areaIn millions of Euros1Q 20201Q 2019* Change at constant rates1Currency effectChange (reported) North America2,0702,188-8.1%2.7%-5.4% Europe9061,056-14.1%-0.2%-14.3% Asia, Oceania and Africa587705-16.4%-0.4%-16.8% Latin America222261-6.8%-8.1%-14.9% Total3,7844,210-10.9%0.8%-10.1% * The geographical breakdown of 2019 revenue has been revised to reflect a reclassification of certain geographic markets, which the Group considers immaterial.North AmericaIn North America revenue decreased by 5.4% (-8.1% at constant exchange rates1).Essilor revenue proved resilient in this context with a decline of 4.7% at constant exchange rates1. The Lenses & Optical Instruments division experienced steady trends across the US and Canada until the middle of March, after which it was negatively impacted by store closures. In response to the crisis, the division rapidly adjusted its cost base and supply chain and has leveraged its alliance network to provide support for independent eyecare professionals, while getting ready for the recovery when it comes. Online sales continued to expand with eyeglasses and contact lenses driving the performance. EyeBuyDirect and Clearly saw record sales growth in April with a strong inflow of new customers.Sunglasses & Readers sales were down mid-single digit for the quarter despite a strong start to the year. FGX declined sharply in the second half of March with readers proving more resilient than sunglasses in the downturn.The Equipment division saw a slightly later onset of COVID-19 related weakness as its primary customers began to reduce activity along a different timeline.For Luxottica, North America had a solid start in January-February, with sales up 7% at constant exchange rates1, in further acceleration versus the strong trend of the fourth quarter 2019. Business deterioration started in March when the COVID-19 outbreak reverted the trend. Wholesale had a promising start to the year driven by independents and key accounts as well as the strong performance of Oakley, then stalled in March when most customers began to close their doors due to the pandemic.Retail turned negative as well, as one-third of the group’s optical retail stores and all Sunglass Hut and Oakley locations shut down from mid-March and traffic into open stores was drying up. Strong signs of business health in January-February, with LensCrafters and the overall retail optical network up mid- to high-single digit in sales, were erased by the sharp contraction of March. Luxottica’s directly operated e-commerce platforms were up double digit, mostly thanks to Ray-Ban.com and SunglassHut.com performance.The sound trajectory of the optical retail business in North America before the COVID-19 outbreak in the region is a source of confidence for the Company. When the economy stabilizes and restarts, given optical retail’s nature of primary non-discretionary service, it will be ready to serve the wide pent-up demand.Europe In Europe revenue decreased by 14.3% (-14.1% at constant exchange rates1).Essilor revenues were down 6.7% at constant exchange rates1. In Lenses and Optical instruments, the business was boosted by the successful launch of Transitions Signature GEN 8 in Italy, Spain and the UK in the earlier part of the year. In March, Italy, France and Spain were among the most impacted countries whereas Eastern Europe resisted better. Online sales delivered double-digit growth driven by contact lenses and prescription solutions throughout the first quarter, with a visible acceleration in March. Vision Direct, Europe’s largest online contact lens supplier, experienced a surge in spontaneous new buyers in March with no additional client acquisition cost. Instruments followed the same trend as the lens business but interest for new products such as the Vision-R 800 phoropter remained strong.Sunglasses & Readers sales started the year with double-digit growth but were severely impacted in March, especially in Italy and the UK.The Equipment division started to see a decline in sales at the beginning of March. Demand for consumables benefitted from pre-lockdown inventory build-ups. Demand for surfacing and coating machines stabilised at a subdued level.For Luxottica, Europe was the most affected region by the COVID-19 outbreak, with negative trends similarly affecting both Retail and Wholesale. The weakness of the region was worsened by a difficult year-on-year comparison for both the divisions. With the exception of Germany, Turkey and Russia, the Wholesale division suffered from material slowdown in sales in every market, as business conditions progressively worsened in March, severely hitting key markets like Italy, Spain and France (where the new reimbursement regulation introduced at the beginning of this year also weighed heavily).The marked decrease in Retail sales was attributable to the social distancing measures progressively implemented by the European countries in March. At the end of the quarter, in Italy, most Salmoiraghi & Viganò stores were operating with ample limitations in terms of opening hours, while all Sunglass Hut locations in Europe were closed.Asia, Oceania and AfricaIn Asia, Oceania and Africa, consolidated revenue contracted by 16.8% (-16.4% at constant exchange rates1).After a strong first few weeks of the year, Essilor’s Lenses and Optical Instruments division saw a swift contraction in revenue at the end of January, as the region was the first one to be hit by the COVID-19 pandemic. Revenue in China troughed in mid-February with high double-digit declines as the country’s lockdown took its toll, before starting a gradual recovery from March. Domestic sales of prescription lenses have returned to year-on-year growth since the end of April. Anti-fatigue and blue-cut products proved more resilient in this volatile environment, boosted by home working and increased screen time. The launch of Transitions Signature GEN 8 in China was postponed to the second quarter. Revenue in the rest of the region started to deteriorate markedly in March with South East Asia, India and South Korea particularly affected while Japan and Australia proved more resilient. The Sunglasses & Readers division experienced a sharp decline in revenue from end of January. At the peak of the Chinese lockdowns in mid-February, sales were down by high double-digit percentages. Since then, a gradual recovery has materialized, with prescription activities outperforming sun and wholesale outperforming retail. Within retail, although most stores have reopened, post COVID-19 consumers have shown a preference for high-street shopping over shopping malls. These trends have led Xiamen Yarui Optical (Bolon) to fare better than MJS in the recovery so far.For Luxottica too, Asia, Oceania and Africa was the first region to experience a contraction in both the Wholesale and Retail divisions. Trends progressively deteriorated towards the end of the quarter, with all countries in negative territory in March. The Wholesale division experienced weak trends in Greater China and Japan for most of the quarter, while trading conditions in South Korea, Southeast Asia and Middle East worsened at the end of the quarter.In the Retail division, store closures peaked in Greater China around mid-February, while locations in Australia, New Zealand, South East Asia and South Africa were partly affected by shutdown measures starting from the second half of March. In terms of sales trends, Australia and New Zealand started the year on a positive note, with a nice progression in January-February. On the other hand, sales in Greater China posted sequential improvement, remaining subdued even after lockdowns were lifted.Latin AmericaIn Latin America, sales decreased by 14.9% (-6.8% at constant exchange rates1).At Essilor, sales in the region finished the quarter up by 1.9% at constant exchange rates1 thanks to brisk activity in Mexico, Chile, Costa Rica, Brazil and others ahead of COVID-19 related closings. These highly positive trends were disrupted in mid to late March as stores closed and retail traffic slowed significantly. Recovery efforts are underway to develop consumer outreach programs to encourage a return to optical stores, drive additional myopia solutions enabled by the recent Miraflex acquisition and support lab and retail partners.For Luxottica, the Latin America region experienced an overall positive trend in January-February, enduring the negative impacts of lockdown measures only towards the end of the quarter. The Wholesale division suffered from adverse trends in both Brazil and Mexico, challenged further by a difficult comparison base in particular for Brazil.As for Retail, the division drove the overall business expansion in the region during the first two months of the year, which were double-digit positive in sales. Trading conditions progressively worsened towards the end of March, with almost all the retail locations in the region closed at the end of the quarter, Mexico being the only market with a store base partially operating. Eliminating poor vision around the worldEssilorLuxottica expanded its efforts to create sustainable access to vision care reaching over 345 million people. During the first quarter alone, it helped deliver vision solutions to over 1.9 million wearers at the base of the pyramid through its efforts to eliminate poor vision from the world by 2050.While the COVID-19 situation has slowed progress through the suspension of its inclusive business expansion and charitable clinics, Essilor has tapped into the influence of its rural network of primary vision care providers to raise awareness among their communities about social distancing, hand washing and keeping safe during the pandemic.Before the virus outbreak, Essilor signed an official partnership with hiring company Truck Lagbe enabling truck drivers in Bangladesh to visit Eye Mitras or attend screening events to get eye tests and glasses at affordable rates. Essilor also announced, together with The Fred Hollows Foundation and other partners, the expansion of the “See Now” campaign in Uttar Pradesh, India, in February. “See Now” will reach 200 million people with messaging around eye health and offer free eyecare to 400,000 people in Uttar Pradesh. In China, Essilor drove discussions on myopia with government officials, academics and other key opinion leaders, and unveiled the China findings of its “Eliminating Poor Vision in a Generation” report at a leading national health forum. As a result of these efforts and more, Essilor was recognized by change makers at the World Economic Forum in Davos through several feature stories and reports. In the first quarter, Luxottica, through its support for OneSight, an independent non-profit organization of which the group is the founding sponsor, served over 8,800 patients across 7 charitable clinics and 177 sustainable centers around the world. OneSight ran clinics in locations such as Bangladesh, Australia, New Zealand and the United States and opened 7 new sustainable vision centers in Rwanda in Q1.Finally, EssilorLuxottica took the 4th spot in the Impak French 40 ranking, which rates CAC 40 companies according to their impact on society and the environment.Eyewear license renewalsIn the first quarter of the year, Luxottica announced the early ten-year renewal of exclusive license agreements with Dolce & Gabbana and Versace, for the development, production and worldwide distribution of sunglasses and prescription frames under the Dolce & Gabbana and Versace brands, respectively. Both agreements are scheduled to expire on December 31, 2029.Synergies and integrationMany integration projects continued unabated during the crisis, including the creation of a single IT platform and of a single network of prescription laboratories across the Company. A few revenue synergy projects were temporarily delayed, such as the penetration of Essilor lenses within the Company’s own retail networks or the availability of prescription products under the Ray-Ban brand. However, the environment also created opportunities for deeper cooperation between Essilor and Luxottica on a range of topics from procurement to joint key account programs, joint sales protocols and deeper online integration.LiquidityThe Company ended the quarter with Euro 4.9 billion in cash and short-term investments and a net debt of Euro 4.8 billion (including IFRS 16 – Leases liabilities). In addition, the Company has undrawn credit facilities of Euro 5.2 billion.DividendThe Board of Directors decided not to submit any dividend distribution proposal to the Annual Shareholders’ Meeting of June 25, 2020. It will further assess the state of the business in the second half of the year and the efficacy of all the measures undertaken to face the COVID-19 outbreak. If the recovery is solid enough, the Board of Directors may propose a special dividend payment before the end of 2020.OutlookAs announced on March 27, 2020 the Company’s outlook for 2020, initially published on March 6, 2020 is no longer valid. At present, the Company has insufficient visibility to provide an assessment of the full impact of COVID-19 on its future activity, as the situation remains volatile. It is however likely that second quarter revenue and profitability will still be negatively impacted by the crisis, and more severely so than in the first quarter. Conference callNo conference call will be held following the first quarter trading update. Management is closely monitoring the evolution of the business conditions, in order to assess the impact of the COVID-19 on the next months. As soon as visibility improves, the Company will share its view with the financial market.Forthcoming investor events * June 25, 2020: Annual Shareholders' Meeting * July 31, 2020: H1 2020 results and conference call * November 3, 2020: Q3 2020 sales and conference call Notes 1 Figures at constant exchange rates have been calculated using the average exchange rates in effect for the corresponding period in the previous year. 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 2019, EssilorLuxottica had over 150,000 employees and consolidated revenues of Euro 17.4 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

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    EssilorLuxottica: 2019 Universal Registration Document filed

    2019 Universal Registration Document filed Charenton-le-Pont, France (April 21, 2020 – 6:00pm) – The 2019 EssilorLuxottica Universal Registration Document was filed today in French version with the Autorité des Marchés Financiers (AMF). The Universal Registration Document includes:a) the Annual Financial Report, with: * the parent Company Financial Statements, * the Group Consolidated Financial Statements, * the Management Report and the Non-financial Statement, in compliance with article L.225-100 and L.225-102-1 respectively, of the French Commercial Code, * a statement by the persons responsible for the Universal Registration Document, * the Statutory Auditors’ Report on the parent Company and the Group Consolidated Financial Statements, and * information concerning Auditors’ fees;b) the Report on Corporate Governance as per the article L.225-37 of the French Commercial Code.From now on, the French version is available to the public free of charge, as provided for in applicable legislation, and may be downloaded from EssilorLuxottica’s corporate website: www.essilorluxottica.com.An English version of the 2019 Universal Registration Document is also available on the EssilorLuxottica website.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 2019, EssilorLuxottica had over 150,000 employees and consolidated revenues of Euro 17.4 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

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    EssilorLuxottica: EssilorLuxottica to Prepare for Recovery by Preserving Cash and Supporting Employees

    EssilorLuxottica to Prepare for Recovery by Preserving Cash and Supporting Employees Charenton-le-Pont, France (April 20, 2020 – 7:00am) – EssilorLuxottica announces today further measures to respond to the COVID-19 pandemic and prepare the Company for the recovery to come. Prescription and optical activities, which account for about 70% of Company revenue, are driven by structural worldwide needs for better vision. Experience from previous economic downturns suggests that prescription purchases will be delayed during the crisis, but not cancelled. Thanks to its mission to help people see more, be more and live life to its fullest, the Company is fully equipped to meet the resilient pent-up demand which is likely to materialise when the economy stabilizes.With this long-term view, EssilorLuxottica aims to manage a temporary decline in activity and protect its balance sheet while preparing itself to seize new opportunities in the eyecare and eyewear industry from the second half of the year onwards.The Board of Directors decided not to submit any dividend distribution to the Annual Shareholders’ Meeting of June 25, 2020. It will further assess the state of the business in the second half of the year and the efficacy of all the measures undertaken to face the COVID-19 outbreak. If the recovery is solid enough, the Board of Directors may propose a special dividend payment before the end of 2020.The Board of Directors also asked the management team to work on a series of measures aimed at reducing operating and cash expenses within the Company, including the reduction or deferral of parts of its managers’ compensations. The Board of Directors voted to apply the latter measure to its own members by reducing their attendance fees by 50%.Finally, in line with the historical values of Essilor and Luxottica, the Board of Directors approved the launch of a Euro 100 million COVID-19 fund to protect the Company’s human capital. This fund will support employees and their families in need.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 2019, EssilorLuxottica had over 150,000 employees and consolidated revenues of Euro 17.4 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

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    EssilorLuxottica: Disclosure of Share Capital and Voting Rights Outstanding as of March 31, 2020

    Disclosure of Share Capital and Voting Rights Outstanding as of March 31, 2020(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 (April 6, 2020 - 6:00 pm) \- As of March 31, 2020, 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. March 31, 2020 Shares outstanding  437,581 6911 Number of real voting rights (excluding treasury shares)435,244,381 Theoretical number of voting rights (including treasury shares)437,581,691 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 2019, EssilorLuxottica had over 150,000 employees and consolidated revenues of Euro 17.4 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.   CONTACTS   EssilorLuxottica 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/ Media Relation (Charenton-le-Pont) Tel: + 33 1 49 77 45 02 (Milan) Tel: + 39 (02) 8633 4470 E-mail: media@essilorluxottica.com 1 No share delivered in March. 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

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    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

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