Luxottica Group reports net sales increase of 3.2% in the third quarter of 2016

The Group enters the prescription lens market in Europe 

Reported figures 

• Group’s net sales +3.2% to Euro 2,225 million at current exchange rates (+3.5% at constant exchange rates) 
• Wholesale segment’s net sales: -3.2% at current exchange rates to Euro 800 million (-3.6% at constant exchange rates) 
• Retail segment’s net sales: +7.2% at current exchange rates on a reported basis to Euro 1,425 million (+7.9% at constant exchange rates on a reported basis) 

Adjusted figures 

• Group’s adjusted net sales +1.2% to Euro 2,225 million at current exchange rates (+1.4% at constant exchange rates) 
• Wholesale segment’s net sales: -3.2% at current exchange rates to Euro 800 million (-3.6% at constant exchange rates) 
• Retail segment’s net sales: +3.8% at current exchange rates on an adjusted basis to Euro 1,425 million (+4.4% at constant exchange rates on an adjusted basis) 
• Outlook confirmed for 2016 

Milan (Italy), October 24, 2016 – 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 third quarter of 2016 in accordance with International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board.