Half Year 2023 EssilorLuxottica SA Earnings Call Transcript

Jul 25, 2023 / 04:30PM GMT
Operator

Welcome, everybody. Thanks for being with us today. I'm Giorgio Iannella from the IR team. I'm pleased to introduce our speakers, Francesco Milleri, Chairman and CEO; Paul du Saillant, Deputy CEO; and Stefano Grassi, CFO of the group. (Operator Instructions). And with that, I hand over to Francesco Milleri.

Francesco Milleri - EssilorLuxottica Sociétéanonyme-Chairman&CEO

Good morning, and good afternoon to everybody. Thanks for joining us. Today, I am pleased to present to you EssilorLuxottica [sound] Financial Result of the first semester as well as its new strategic initiative in the hearing aid market. Let me start from the H1 results that we are proud of with respect to both revenue growth and margin trend. Revenue at constant exchange rates grew by 8% in the second quarter and 8.2% in the first 6 months, close to EUR 13 billion. All regions and segments were positive and contributed to growth. We just saw some softness in the U.S. market, but less material than expected as it was

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot