It is the third consecutive quarter of double-digit growth for EssilorLuxottica, which continues to consolidate its role not only as a leader in the eyewear industry, but also as an innovator and catalyst for trends. In the first quarter, the company reported sales of 7,127 million euros, up 10.8 percent at constant exchange rates and 4.1 percent at current exchange rates. As outlined in the press release, the year opened with a solid performance, supported equally by the Professional Solutions and Direct to Consumer segments. North America led the growth with a double-digit increase, while all other geographic areas performed high-single digit.
Francesco Milleri, Chairman and Chief Executive Officer, and Paul du Saillant, Deputy Chief Executive Officer of EssilorLuxottica, commented, “The third consecutive quarter of double-digit growth confirms, once again, the strength and relevance of our vision and our ability to translate strategies into concrete results. Growth remained robust across all geographies and businesses, thanks to the strength of our vision care and eyewear businesses, and our innovation pipeline. This dynamic found full expression in the SWITCH events we hosted in Orlando and Monte Carlo, attended by thousands of partners and customers from all over the world, to tell the story of our transformation journey and a portfolio of solutions that can tangibly improve people’s lives.”
“We have maintained a solid growth trajectory of our myopia management technology platform and major achievements in wearables, with the success of Ray Ban Meta’s new Optics line. At the same time, we continued to expand our presence in Thailand with our investment in Top Charoen and its 2,000 stores, aiming to bring the excellence of our vision care and eye health ecosystem to millions of people in the country. We owe these achievements to the determination with which we execute our increasingly med-tech and science-driven strategy, and to the commitment and resilience of our people around the world. In an uncertain environment, we continue on our path with clarity and confidence as we continue to build the future we believe in.”
[📸 media.essilorluxottica.com]
