Growth in sales and profitability continues into the third quarter of 2015, record free cash flow generation

26 Oct 2015 - 05:54 PM

Group’s adjusted net sales up by 15.4% to Euro 2.2 billion
Adjusted net income of Euro 209 million (+21%)
Free cash flow generation up by 25% to Euro 396 million

  • Group’s adjusted net sales +15.4% (+5.5% at constant exchange rates) to Euro 2.2 billion
    • Wholesale division’s net sales +10.1% (+6.8% at constant exchange rates) to Euro 826 million
    • Retail division’s adjusted net sales +18.8% (+4.7% at constant exchange rates) to Euro 1.4 billion
  • Adjusted operating income +18.6%, adjusted operating margin up by 50 bps to 16%
  • Adjusted net income of Euro 209 million and adjusted net margin of 9.5%
  • Record free cash flow3 generation: Euro 396 million
  • Capex up by 20% to support long-term growth

 

Milan, October 26 2015 – The Board of Directors of Luxottica Group S.p.A. (MTA: LUX; NYSE: LUX), a leader in the design, manufacture and distribution of fashion, luxury and sports eyewear, met today to review the consolidated net sales and preliminary results for the third quarter and the nine months ended September 30, 2015 in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board (IFRS).

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Last updated: Feb 07 2019