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Luxottica Group sells Things Remembered
Luxottica Group sells Things Remembered ... Milan, Italy – September 29, 2006 - Luxottica Group S.p.A. (NYSE: LUX; MTA: LUX) announced today that it has sold the Things Remembered subsidiary of Cole National to GB Merchant Partners, LLC ... a separate corporate structure. Things Remembered is a U.S.- based personalized gift retail chain ... and BRS. The sale of the Things Remembered business is not expected to have an impact on the Group’s 2006 ... Depositary Share), including results of Things Remembered’s discontinued operations through today. About
Luxottica posts strong 1H07 results, raises forecast for the full year
. (5) Results of Things Remembered, a specialty gift business that was sold in September 2006 ... ), which are expressed in Euro and U.S. Dollars, respectively (5) Results of Things Remembered ... . (2) Results of Things Remembered, a specialty gift business that was sold in September 2006 ... per share (ADS), which are expressed in Euro. (2) Results of Things Remembered, a specialty gift ... 1,304,472 1,875,825 5,057,703 _________________________ Notes : (1) Results of Things Remembered
Luxottica’s cash dividend for FY 2007 set to increase by a further 17%
Dollars, respectively (4) Results of Things Remembered, a former specialty gift business that was sold ... ), which are expressed in Euro and U.S. Dollars, respectively (4) Results of Things Remembered, a former ... in Euro (2) Results of Things Remembered, a former specialty gift business that was sold in September ... of Things Remembered, a former specialty gift business that was sold in September 2006, are reclassified ... ; Amortization 57,331 122,403 8,494 41,063 229,291 Notes : (1) Results of Things Remembered, Inc., a former
Non-U.S. GAAP Measures 2009
the write-off of credit related to the sale of the Things Remembered business. The impact of such write ... % _________________________ (1) Excluding the write-off of credit related to the sale of the Things Remembered ... cash from operations, which may be used, among other things, to fund discretionary investments, pay ... or decrease in the net debt balance for the period since it excludes, among other things, cash used
The Way Forward
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Our Characteristics
Imaginative Our ability to look at things in new ways has been the foundation of our success. We are and have always been creative, inspired and resourceful in the way we work and in the way we interact with our customers. Passionate We love what we do. Our passion for our business is rooted in our history. We are proud of our achievements and have a genuine belief that what we do makes ... in simplicity and understand the value of being straightforward, uncomplicated, and accessible. We get things
The Way Forward
THE WAY WE ARE THE WAY WE WORK THE WAY WE LEAD IMAGINATIVE Our ability to look at things in new ways has been the foundation of our success. We are and have always been creative, inspired and resourceful in the way we work and in the way we interact with our customers. Create external focus and build our strategic perspective from the outside in Leverage diversity and seek different perspectives ... of being straightforward, uncomplicated, and accessible. We get things done more quickly by working
Corporate governance related to national CG code
CORPORATE BOARDS Luxottica Group’s governance system is based on a traditional management and control system with: shareholders who vote in ordinary and extraordinary meetings on, among other things, (i) the appointment and removal of directors and statutory auditors and their fees, (ii) the approval of financial statements and allocation of profits, and (iii) changes to the by-laws. a board ... Chairman a Board of Auditors, responsible for, among other things, overseeing compliance with the law
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