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

29 Oct 2014 - 06:39 PM

Adjusted3,5 Group net sales of Euro 1.9 billion, up by 6.8%

Adjusted3,5 net income up by 17.5% and free cash flow of Euro 316 million3




  • Adjusted3,5 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
  • Adjusted3,5 operating income up by 16.1%, adjusted3,5 operating margin +120bps
  • Adjusted3,5 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).

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Last updated: May 05 2015