EssilorLuxottica: Q1 2023 Revenue - Solid start to the year
20 April 2023 - 06:10PM
EssilorLuxottica: Q1 2023 Revenue - Solid start to the year
Q1
2023 Revenue
Solid start to the year
-
Group’s revenue
at Euro 6,151
million, up
9.7% vs
2022
-
Growing
8.6% at constant exchange
rates1 versus the best quarter of
last year
- North
America and EMEA up high-single
digit1, APAC and
Latin America up double
digits1
- All
regions accelerating1 versus the
fourth quarter of last year
-
Comparable-store sales2
growing high-single digit, with former GV
banners outpacing
-
Commitment to set near-term science-based emissions
reduction targets in line with SBTi
Charenton-le-Pont, France
(April
20,
2023 -
6:00
pm) –
EssilorLuxottica announced today that consolidated revenue for the
first quarter of 2023 reached Euro 6,151 million, representing a
year-on-year increase of 8.6% at constant exchange rates1 compared
to the first quarter of 2022 (+9.7% at current exchange rates).
Francesco Milleri, Chairman and CEO, and Paul du
Saillant, Deputy CEO at EssilorLuxottica commented:
“We’re very pleased to start the year with
another strong quarter, every region and channel contributing to
our performance. What’s even more satisfying is the way in which we
achieved it. Sustainability is at the heart of our strategy and our
key focus in 2023. We continue to deliver on our “Eyes on the
Planet” pillars while supporting the long-term growth of the
industry.We started the year with a commitment to setting
science-based emission reduction targets in line with the SBTi
criteria. We have also announced a new agreement with ERG for the
supply of electricity produced from a repowered wind farm in Sicily
- covering half of our energy needs in Italy. Our current and
future investments in renewable energy will help propel us towards
carbon neutrality in Europe this year and globally by 2025.Together
with our ambition to help eliminate uncorrected poor vision for
hundreds of millions of people in underserved communities, this is
providing a sense of purpose for our people, bringing our
stakeholders along for the journey.”
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