The Board of Directors of Luxottica Group S.p.A. 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.

2016 was another year of growth for Luxottica Group. Consolidated sales rose to more than Euro 9 billion, accelerating in the fourth quarter compared to the first nine months of the year. The Group reached a record high for its net profit of Euro 851 million on a reported basis and Euro 882 million on an adjusted basis.

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