Record net sales and net income for 2016

Ordinary dividend increased to Euro 0.92

Reported figures

• Luxottica Group’s  net sales rose to Euro 9,086 million (+3.9% at constant exchange rates2  a +2.8% at current exchange rates)
• Operating income to Euro 1,345 million (-0.6% at constant exchange rates2  and -2.3% at current exchange rates) and operating margin to 14.8%
• Net income to Euro 851 million (+7.6% at constant exchange rates2  and +5.8% at current exchange rates) and net margin to 9.4%

Adjusted^3,5 figures

• Luxottica Group’s  adjusted net sales rose to Euro 9,086 million (+1.9% at constant exchange rates²  and +0.8% at current exchange rates)
• Adjusted operating income to Euro 1,432 million (+0.8% at constant exchange rates²  and -0.7% at current exchange rates) and operating margin to 15.8%
• Adjusted net income to Euro 882 million (+5.0% at constant exchange rates²  and +3.3% at current exchange rates) and net margin to 9.7%

Free cash flow³ generation to Euro 664 million

Ordinary dividend to Euro 0.92 per share: up 3.4% versus the ordinary dividend paid in 2016

Positive outlook for 2017 with still growing results

Milan (Italy), March 1, 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 draft statutory financial statements and consolidated financial results for the fiscal year 2016 in accordance with International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board.