(CercleFinance.com) – EssilorLuxottica achieved for the third consecutive year growth in its turnover at constant exchange rates of more than 7% to €25,395 million in 2023.
In the 4th quarter of the year, the Group recorded a turnover of 6,250 million euros, up 7.1% compared to last year at constant exchange rates (+2.4% in common terms).
Adjusted operating profit reached 4,178 million euros over the year, or 16.5% of revenue, compared to 16.8% in 2022, representing a margin dilution of 30 basis points.
The Group’s adjusted net profit reached 2,946 million euros over the year, or 11.6% of revenue, compared to 11.7% in 2022.
‘The Group confirms its objective of annual revenue growth of around 5% between 2022 and 2026 at constant exchange rates (based on 2021 pro forma revenue) and anticipates reaching an adjusted operating profit of around 19 to 20% of turnover at the end of this period’ indicates the group.
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