EssilorLuxottica’s first-quarter 2022 revenue: Another quarter of double-digit growth
22 Abril 2022 - 02:00AM
EssilorLuxottica’s first-quarter 2022 revenue: Another quarter of
double-digit growth
EssilorLuxottica’s
first-quarter
2022 revenue
Another quarter of
double-digit
growth
- Revenue
at Euro 5.6 billion, up
38% vs
2021
-
Comparable2
revenue up 11.5%
at constant exchange
rates1, all
regions positive
- EMEA and
Latin America up double
digits, North America still
robust
- Sun back
to normal business, leveraging reopening and luxury
momentum
- Sound
progression in optical,
driven by branded lens
portfolio
- Ray-Ban
and Oakley up double
digits
Charenton-le-Pont,
France (April 22,
2022 –
7:00
am) –
EssilorLuxottica today announced that consolidated revenue for the
first quarter of 2022 totalled Euro 5,607 million, representing a
year-on-year increase of 33.1% at constant exchange rates1 compared
to the first quarter of 2021 (+38.1% at current exchange rates). On
a comparable2 basis, revenue grew by 11.5% at constant exchange
rates1 (+15.7% at current exchange rates).
Francesco Milleri and Paul du Saillant,
respectively CEO and Deputy CEO of EssilorLuxottica, said: “We’re
very pleased to report a strong start to the year, with a solid
performance in all regions and divisions showing positive results.
It’s a great moment for EssilorLuxottica - we are off to a good sun
season, demand for luxury brands continues and our innovative
products like Stellest are beginning to rewrite the story of sight
for so many people. The fast-pace integration of GrandVision
represents a meaningful milestone in our journey as a vertically
integrated network company, committed to growing the industry for
all stakeholders.
As a Mission-driven company, we also continued
our philanthropic and inclusive business initiatives. In the first
three months of the year, we created access to vision care for
nearly 2 million people and allowed for nearly one thousand vision
care entrepreneurs to be trained in developing communities. Since
2013, our actions have brought the benefits of good vision to more
than 475 million people in underserved communities.
We raised Euro 4 million to help people in
Ukraine and provided direct support to our colleagues and their
families in the region. Our financial contribution, which includes
donations from 10,000 employees, a 1:1 match from EssilorLuxottica
and a Euro 1 million contribution from the Leonardo Del Vecchio
Foundation, will support valuable NGOs in the field. We are proud
of this initiative and our people's engagement around topics that
matter.”
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