Essilorluxottica (STU:ESL)
€ 233.6 2.3 (0.99%) Market Cap: 107.11 Bil Enterprise Value: 117.47 Bil PE Ratio: 46.62 PB Ratio: 2.74 GF Score: 92/100
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Half Year 2021 EssilorLuxottica SA Earnings Call Transcript

Jul 30, 2021 / 08:30AM GMT
Release Date Price: €161.3 (+4.44%)
Francesco Milleri;tÃ;anonyme;CEO;Representative Director of Delfin
EssilorLuxottica SociÃ

©©-&

Good morning to everybody. Thanks for joining us today, and thanks for the interest you continue to show in EssilorLuxottica. I'm happy to join you for my first earnings call as the group CEO.

We are pleased to present today strong results with a sharp acceleration of the group performance in the second quarter of the year, leading to a nice growth of revenue and margins in the first half overall. The new governance based on the high-profile Board of Directors and supported by the management team is promoting a faster and better execution of our strategic vision and integration programs. This allows us to upgrade our outlook for the full year 2021.

Now point to mid-single-digit revenue growth and some margin expansion versus 2019 at constant currency. Backed by an improving business environment in most of the areas worldwide, starting from North America and leveraging its best-in-class proposition, EssilorLuxottica grew 9.2%

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