Essilorluxottica (XTER:ESL)
€ 234 3.9 (1.69%) Market Cap: 107.11 Bil Enterprise Value: 117.47 Bil PE Ratio: 46.62 PB Ratio: 2.74 GF Score: 92/100

EssilorLuxottica SA Capital Market Day Transcript

Sep 25, 2019 / NTS GMT
Release Date Price: €55.51
Laurent Vacherot;tÃ;anonyme;Deputy CEO of Essilor
EssilorLuxottica SociÃ

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(presentation)

So with Francesco, we are very happy to welcome you at this first Capital Market Day of EssilorLuxottica. I know it has been a long waited event. It's now happening, and we are very happy to be with you today, Francesco and I, so we can deliver the vision we have and explain to you how we are building EssilorLuxottica.

So before we go there, I would like just a few reminder on how and why we are building this EssilorLuxottica company.

We are in a EUR 100 billion company market, industry, very fragmented, still in the early stage of development. And at the same moment, today, the needs of the 7.4 billion people on the planet for better vision and protection and style, it's more than EUR 300 billion. Does it work? Okay.

So we are in a EUR 100 billion market, right? At the same moment, the need of our colleagues, the 7.4 billion on the planet, it's EUR 300 billion to see well, see better, protect their eyes and are -- look great and

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