(AOF) – In 2023, EssilorLuxottica generated adjusted net income of 2.94 billion euros, or 11.6% of turnover, compared to 11.7% in 2022. It is up 14 .3% at constant exchange rates. Adjusted operating profit increased by 4.178 billion euros over the year, or 16.5% of revenue, compared to 16.8% in 2022. Adjusted gross margin amounted to 16.090 billion euros in 2023, reaching 63.4% of turnover. Its annual turnover increased at constant exchange rates by 7.1% to 25.39 billion euros.
In the fourth quarter of 2023, it recorded a turnover of 6.25 billion euros, up 7.1% compared to last year at constant exchange rates (+2.4% in current terms ). It accelerated compared to +5.2% in the third quarter.
All four regions and two segments (Professional Solutions and Direct to Consumer) contributed to this performance, reflecting the group’s balanced and diversified sales model.
The recommendation of the board of directors to shareholders, at the Annual General Meeting to be held on April 30, 2024, will be to approve the payment of a dividend of 3.95 euros per share, an increase of 22%.
The group confirms its objective of annual turnover growth of around 5% between 2022 and 2026 at constant exchange rates. It anticipates achieving an adjusted operating profit of around 19 to 20% of turnover at the end of this period.
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