(AOF) – EssilorLuxottica announces consolidated revenue for the first quarter of 2024 of 6.335 billion euros, up 5.5% at constant exchange rates compared to revenue for the first quarter of 2023 (+3% at current exchange rates). Over this period, the EMEA region recorded a turnover of 2.32 billion euros, up 8.5% compared to the first quarter of 2023 (+5.8% at current exchange rates), i.e. a significant increase compared to the fourth quarter of last year.
The North America region recorded revenue of €2.87 billion, up 1.7% compared to the first quarter of 2023 (+0.6% at current exchange rates).
The Professional Solutions segment recorded a turnover of 3.08 billion euros, up 4.6% compared to 2023 over the same period (+1.8% at current exchange rates).
The Direct to Consumer segment recorded revenue of €3.25 billion, up 6.3% compared to the first quarter of 2023 (+4.2% at current exchange rates).
In addition, EssilorLuxottica confirms its annual revenue growth target of around 5% between 2022 and 2026 at constant exchange rates (based on 2021 pro forma revenue). Over this period, the group anticipates achieving an adjusted operating profit of around 19 to 20% of turnover at the end of this period.
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