Solid growth in net sales and profitability in the third quarter of 2014, record free cash flow

Adjusted^3,5 Group net sales of Euro 1.9 billion, up by 6.8%

Adjusted^3,5 net income up by 17.5% and free cash flow of Euro 316 million³

• Adjusted^3,5 Group net sales up by 6.8% (+ 5.5% on a reported basis)
• Wholesale Division’s net sales up by 9.3%, at constant² and current exchange rates
• Retail Division’s comparable store sales⁴ up by 4.4%
• LensCrafters comparable store sales⁴ up by 2.5%, accelerating versus the second quarter
• Adjusted^3,5 operating income up by 16.1%, adjusted^3,5 operating margin +120bps
• Adjusted^3,5 net income up by 17.5%, to Euro 173 million
• Free cash flow³ of Euro 316 million, net debt³ of Euro 1,119 million

Milan (Italy), October 29, 2014 - 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 and approved the consolidated results for the three-month and nine-month periods ended September 30, 2014 in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board (IAS/IFRS).