The latest financial results and analysis from the key players in the eyewear industry.
Hoya reports 5% Health Care Q3 sales uptick, starts myopia control lens trial in the US
HOYA Corporation has reported a 4.4 percent year-on-year increase in Q3 revenue to 139.4 billion Japanese yen (€875m) for its Life Care Business unit, of which the Health Care category (eyeglasses lenses and contact lenses) is the main component. At constant currencies, the division’s topline was up by 2.2 percent ...
Safilo topline slipped below the €1bn mark in 2024, but margins slightly improved
Reporting preliminary financial results, Safilo Group has announced that its Q4 2024 revenue decreased by 1.6 percent at current rates and by 1.1 percent at constant rates, amounting to approximately €235 million, according to our calculations. The company pointed out that, excluding the residual effect of the Jimmy Choo license ...
National Vision reports improved performance in Q4, reshuffles top management
Sales were up by 3.8 percent in Q4 and in the full year. Adjusted profit ratios are expected to be in line with last revised outlook.
ZEISS Group reports 8% revenue hike but lower margins for fiscal 2023/24
The German group revenue uptick was largely driven by its semiconductor business as all other segments slowed down.
How brick-and-mortar focus and vertical integration are driving JEH profitability
Upgrading its full-year outlook, the Japan-based retail group is now forecasting a 19 percent topline growth and a 31 percent operating margin. We ask JEH’s CFO about the drivers behind the group’s fast growth.
Carl Zeiss Meditec posts revenue and margin declines for fiscal 2023/24
Carl Zeiss Meditec has reported revenue of €2,066.1 million for its 2023/24 fiscal year, down by 1.1 percent in reported terms versus 2022/23. In constant currencies and adjusted from the effects of the acquisition of DORC, a company specializing in retinal surgery, total sales declined by 4.8 percent.
Sun Hing loss widens in H1 despite solid ODM sales
The Hong Kong-based manufacturer stressed that lower selling prices and keen competition weighed on the profitability of its core ODM unit.