EssilorLuxottica: record sales and profits in 2022


(CercleFinance.com) – EssilorLuxottica claims a record year in 2022 with adjusted net income group share up 23.3% to 2.86 billion euros and adjusted operating margin at 16.8%, an improvement of 70 basis points compared to the 2021 pro forma.

The Franco-Italian optical giant achieved sales of 24.5 billion euros, up 13.9% like-for-like, including same-store sales up 7.7%, l former GrandVision network outperforming at +9.3%.

Its board of directors will propose to the general meeting of May 17, a dividend of 3.23 euros per share, with the option of payment in cash or in newly issued shares, and payment date of June 13.

EssilorLuxottica confirms its objective of annual revenue growth of around 5% between 2022 and 2026 at constant exchange rates, and anticipates adjusted operating income of around 19 to 20% of revenue at the end of of this period.

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