Luxottica Group: net sales up 5.2% in the first quarter of 2017
Stockholders at the General Meeting approve the 2016 financial statements and an ordinary dividend of Euro 0.92 per share, +3.4% versus the ordinary dividend paid in 2016
Luxottica Group’s first quarter net sales up 5.2% to Euro 2,384 million (+1.9% at constant exchange rates)
- Wholesale division’s net sales up 2.5% to Euro 958 million (in line with the first quarter of 2016 at constant exchange rates)
- Retail division’s net sales up 7.1% to Euro 1,426 million (+3.3% at constant exchange rates)
Milan (Italy), April 28, 2017 – The Board of Directors of Luxottica Group S.p.A. (MTA: LUX; NYSE: LUX), a leader in the design, manufacture, distribution and sale of fashion, luxury and sports eyewear, met today to review the consolidated net sales for the first quarter of 2017 in accordance with International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board.