EssilorLuxottica Posts Strong Rise in 1Q Revenue
April 22 2022 - 1:46AM
Dow Jones News
By Cristina Roca
EssilorLuxottica SA said Friday that its first-quarter revenue
rose strongly, driven by growth in all regions.
The French-Italian optical company said revenue for the quarter
came in at 5.61 billion euros ($6.08 billion). The result was up
38% from the prior-year period, when EssilorLuxottica wasn't yet
including the results of GrandVision, the Dutch optical retailer it
recently acquired, in its accounts.
On a comparable basis, quarterly revenue was up 12% at constant
exchange rates, EssilorLuxottica said.
The owner of the Ray-Ban and Oakley brands said revenue growth
was especially strong in the Europe, Middle East and Africa and the
Latin America regions, while North America was also robust.
Write to Cristina Roca at cristina.roca@wsj.com
(END) Dow Jones Newswires
April 22, 2022 01:31 ET (05:31 GMT)
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