Essilorluxottica (OTCPK:ESLOY)
$ 110.76 -0.2 (-0.18%) Market Cap: 102.35 Bil Enterprise Value: 112.86 Bil PE Ratio: 41.42 PB Ratio: 2.49 GF Score: 95/100

Q1 2023 EssilorLuxottica SA Corporate Sales Call Transcript

Apr 20, 2023 / 04:30PM GMT
Release Date Price: $97.28 (+1.10%)
Giorgio Iannella;tÃ;anonyme;Co;Head of IR
EssilorLuxottica SociÃ

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Welcome, everybody. I'm Giorgio Iannella from the Investor Relations team. Thank you all for joining EssilorLuxottica's Q1 Trading Update Presentation. At the end of our CFO, Stefano Grassi's speech, we will have a 30-minute Q&A session. (Operator Instructions) With that, Stefano, the floor is yours.

Stefano Grassi;tÃ;anonyme;CFO
EssilorLuxottica SociÃ

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Welcome to our Q1 trading update. We just closed a strong quarter for EssilorLuxottica with our top line in excess of EUR 6.1 billion, up 9.7% versus the first quarter 2022. If we look at our results at constant currency, we will be commenting an 8.6% top line growth in Q1. I want to remind you that this performance was achieved on top of the best quarter for 2022, where we grew our sales 11.5% at constant currency.

Clearly, the picture is pretty compelling for each 1 of the 4 regions, where we see an acceleration

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