FINANCIAL
HIGHLIGHTS
NET SALES IMPROVE IN THE SECOND QUARTER, RECORD NET MARGIN IN THE FIRST HALF OF 2018
READ THE PRESS RELEASE
Overview
- Luxottica Group’s net sales in the second quarter were Euro 2,417 million: +1.4% at constant exchange rates2 and -4.9% at current exchange rates
- Retail division’s net sales were Euro 1,516 million: +4.3% at constant exchange rates2 and -2.8% at current exchange rates
- Wholesale division’s net sales were Euro 901 million: -3.1% at constant exchange rates2 and -8.2% at current exchange rates
- Luxottica Group’s net sales in the first half of the year were Euro 4,553 million: +0.3% at constant exchange rates2 and -7.7% at current exchange rates
- Retail division’s net sales were Euro 2,822 million: +2.8% at constant exchange rates2 and -6.5% at current exchange rates
- Wholesale division’s net sales were Euro 1,731 million: -3.6% at constant exchange rates2 and -9.6% at current exchange rates
- Adjusted3,5 operating income was Euro 781 million: +0.5% at constant exchange rates2 and -13.1% at current exchange rates
- Reported operating income was Euro 763 million: +1.7% at constant exchange rates2 and -12.2% at current exchange rates
- Adjusted3,5 net income was Euro 545 million: +11.6% at constant exchange rates2 and -3.9% at current exchange rates
- Reported net income was Euro 530 million: +9.8% at constant exchange rates2 and -5.7% at current exchange rates
- Outlook confirmed for 2018
Reported Results for 1H 2018
| KEY FIGURES IN MILLIONS OF EURO | 2018 | 2017 RESTATED (1) | % CHANGE AT CONSTANT EXCHANGE RATE (2) | % CHANGE AT CURRENT EXCHANGE RATE |
|---|---|---|---|---|
| NET SALES | 4,553 | 4,932 | 0.3% | -7.7% |
| Wholesale division | 1,731 | 1,915 | -3.6% | -9.6% |
| Retail division | 2,822 | 3,017 | 2.8% | -6.5% |
| OPERATING INCOME | 763 | 868 | 1.7% | -12.2% |
| NET INCOME | 530 | 562 | 9.8% | -5.7% |
| EARNING PER SHARE (3,4) | 1.14 | 1.19 | -4.1% | |
| EARNING PER SHARE IN USD$ (3,4) | 1.38 | 1.29 | 7.2% |
1,2,3,4: for more informations, read the press release
Adjusted Results for 1H 2018
| KEY FIGURES IN MILLIONS OF EURO | 2018 | 2017 RESTATED (1) | % CHANGE AT CONSTANT EXCHANGE RATE (2) | % CHANGE AT CURRENT EXCHANGE RATE |
|---|---|---|---|---|
| NET SALES | 4,553 | 4,932 | 0.3% | -7.7% |
| Wholesale division | 1,731 | 1,915 | -3.6% | -9.6% |
| Retail division | 2,822 | 3,017 | 2.8% | -6.50% |
| OPERATING INCOME (3,4) | 781 | 899 | 0.5% | -13.1% |
| NET INCOME (3,4) | 545 | 567 | 11.6% | -3.9% |
| EARNING PER SHARE (3,4) | 1.14 | 1.19 | -4.1% | |
| EARNING PER SHARE IN USD$ (3,4) | 1.38 | 1.29 | 7.2% |
1,2,3,4: for more informations, read the press release
