Luxottica Group Comparative Data
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| €/000 | 2005 (1) | 2006 (1) | 2007 (3) | 2007 Pro-forma (2)(3) | 2008 | 2008 revised (4) | 2009 |
|---|---|---|---|---|---|---|---|
| Net sales | 4,134,263 | 4,676,156 | 4,966,054 | 5,539,000 | 5,201,611 | 5,201,611 | 5,094,318 |
| o/w Wholesale sales | 1,310,273 | 1,715,369 | 1,992,740 | 2,577,786 | 2,472,330 | 2,092,465 | 1.955,340 |
| o/w Retail sales | 3,061,690 | 3,294,161 | 3,233,802 | 3,407,907 | 3,109,146 | 3,109,146 | 3,138,978 |
| EBITDA | 766,053 | 976,784 | 1,046,106 | 1,146,271 | 1,014,700 | 1,014,700 | 869,124 |
| EBITDA margin | 18.5% | 20.9% | 21.1% | 20.7% | 19.5% | 19.5% | 17.1% |
| EBIT | 581,401 | 755,987 | 813,293 | 858,105 | 749,763 | 749,763 | 583,202 |
| EBIT margin | 14.1% | 16.2% | 16.4% | 15.5% | 14.4% | 14.4% | 11.4% |
| o/w Wholesale EBIT | 304,333 | 445,843 | 527,991 | 593,898 | 545,507 | 439,957 | 355,507 |
| Wholesale EBIT margin | 23.2% | 26.0% | 26.5% | 23.0% | 22.1% | 21.0% | 18.2% |
| o/w Retail EBIT | 355,238 | 431,547 | 361,809 | 376,660 | 291,469 | 430,565 | 367,457 |
| Retail EBIT margin | 11.6% | 13.1% | 11.2% | 11.1% | 9.4% | 13.8% | 11.7% |
| Net income | 342,294 | 424,286 | 479,191 | 379,722 | 379,722 | 314,762 | |
| Net margin | 8.3% | 9.1% | 9.6% | 7.3% | 7.3% | 6.2% | |
| Net debt | 1,437,404 | 1,148,498 | 2,871,834 | 2,949,516 | 2,949,516 | 2,339,339 | |
| Net debt/EBITDA | 1.9x | 1,2x | 2.7x | 2.9x | 2.9x | 2.7x | |
| Capex | 220,016 | 272,180 | 334,769 | 296,436 | 296,436 | 200,409 |
EBITDA, Net debt and Net debt/EBITDA are not US GAAP measures. For additional disclosure regarding non-US GAAP measures and a reconciliation to US GAAP measures, see referring presentations: 2009, 2008, 2007,2006.
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(1) Results of Things Remembered, Inc., a former subsidiary that was sold in September 2006, are classified as discontinued operations and are not included in results of operations of 2006, 2005 and 2004
(2) Pro forma data reflects the inclusion of the consolidated results of Oakley, Inc., a subsidiary that was acquired in November 2007, as if it was acquired on January 1, 2007
(3) Excluding non-recurring gain related to the sale of a real estate property in 2Q07. The impact of the sale was a gain of approximately €20 million before taxes and approximately €13 million after taxes, equivalent to €0.03 at EPS level.
(4) Beginning in the first quarter of 2009, the Company will report its segments using a revised methodology fully described on the Segmental Information page.
