Multi-year overview

(Amounts in thousands of Euro except share data)FY 2013FY 2014FY 2015FY 2016
restated(2)
2017
    
Net Sales 7,312,611 7,652,317 8,836,578 9,085,707 9,157,291
Cost of Sales (2,524,006) (2,574,685) (2,835,426) (3,153,264) (3,282,098)
Gross Profit 4,788,605 5,077,632 6,001,152 5,932,443 5,875,194
Selling and Advertising (2,866,307) (3,013,399) (3,537,224) (3,626,962) (3,691,626)
General and Administrative Expenses (866,624) (906,620) (1,087,484) (960,214) (882,971)
TOTAL OPERATING EXPENSE (3,732,931) (3,920,019) (4,624,708) (4,587,176) (4,574,597)
Income from Operations 1,055,673 1,157,613 1,376,445 1,345,267 1,300,596
Interest Income 10,072 11,672 11,190 15,469 18,199
Interest Expense (102,132) (109,659) (106,439) (81,528) (107,746)
Other - Net (7,247) 455 (3,281) 37,099 45,441
Other Income (Expenses) - Net (99,308) (97,533) (98,530) (28,960) (44,106)
Income Before Provision for Income Taxes 956,366 1,060,080 1,277,914 1,316,307 (1,256,490)
Provision for Income Taxes (407,505) (414,066) (471,042) (466,373) (216,085)
Net Income 548,861 646,014 806,873 849,934 1,040,405
Of which attributable to:      
Luxottica Group Stockholders 544,696 642,596 804,119 848,137 1,038,445
Non-controlling Interests 4,165 3,417 2,753 1,797 1,960
Net debt/ EBITDA 1.0  0.6 0.5 0.6 0.4
EPS (basic)(1) 1.15 1.35 1.68 1.77 2.17
EPS (diluted)(1) 1.14 1.34 1.67 1.77 2.17

 

(1) Earnings per Share for each year have been calculated based on the weighted-average number of shares outstanding during the respective years. Each American Depositary Share ("ADS" or "ADR") represents one ordinary share."

(2)Other Income (expenses)-net income as at December 31,2016 were restated to include Euro 2.4 million from the Salmoiraghi & Viganò acquisition required by IFRS3-Business Combinations.

Last updated: Feb 28 2018