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

Q3 2021 EssilorLuxottica SA Corporate Sales Call Transcript

Oct 29, 2021 / 08:30AM GMT
Release Date Price: €178.04 (+3.00%)
Operator

Good morning, and welcome to the EssilorLuxottica Q3 Revenue Call. My name is Katie, and I'll be coordinating your call today. (Operator Instructions) I will now hand the call over to CFO, Stefano Grassi, to begin. Stefano, please go ahead.

Stefano Grassi;tÃ;anonyme;Co;CFO
EssilorLuxottica SociÃ

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Good morning, and welcome to our third quarter sales release. EssilorLuxottica posted another standing quarter despite all the challenges that related to COVID-19 still remain in several countries around the world. But thanks to our balanced and diversified distribution, thanks to our vertically-integrated supply chain, thanks to our continuous innovation with a strong pipeline of new products like Ray-Ban Stories, that you see right at the front of our presentation today.

We're now pleased to share that revenues in the third quarter were up 33% versus 2019 on a reported basis at constant FX. And you're looking at net revenue up 9.3% versus 2019 on a comparable basis, still at constant FX. If

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