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EssilorLuxottica records solid revenue and profits growth in 2024 despite industry headwinds

Summary by The Moodie Davitt Report

EssilorLuxottica’ss innovation agenda, driven by Ray-Ban Meta, Stellest lenses and Nuance Audio, is delivering for the eyewear group with a fourth consecutive year of top-line growth at +6% Eyewear powerhouse group EssilorLuxottica reached €26.5 billion in full-year revenues in FY2024, a rise of +6% at constant exchange rates (+4.4% at current rates). Despite inflationary pressures and currency headwinds, the group said it expanded margins thro…

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The Moodie Davitt Report

EssilorLuxottica records solid revenue and profits growth in 2024 despite industry headwinds

9 days ago

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Insight

Asia-Pacific revenue grows 14.1% in Q4 as EssilorLuxottica posts $7.3b profit

Asia-Pacific saw strong growth in 2024 for EssilorLuxottica. Image: EssilorLuxottica.Asia-Pacific saw the biggest growth in Q4 as eyewear maker EssilorLuxottica reported a 9.4% rise in global operating profit to €4.4 billion (AU$7.3 billion) in 2024. A media release said that was on the back of a 9.2% rise in revenue in the fourth quarter, bringing the total revenue for the year to €26.5 billion (AU$43.8 billion). In Asia-Pacific, that revenue r…

11 days ago

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