All Financial results articles
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News briefs
Jimei reports flat sales, declining margins
Jimei New Material, the Shenzhen-based acetate sheet supplier for the eyewear industry, reported fiscal 2025 revenue of RMB 304.9 million (€39 million), up 0.9 percent year on year. Profitability weakened, with gross margin down 3 percentage points to 35.1 percent on higher manufacturing costs. Operating margin fell to 22.7 percent ...
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ArticleZEISS Group launches cost-reduction program and job cuts after mixed H1 results
ZEISS Group revenue edged up by 1 percent year over year to €5,794 million in the first half of fiscal 2025/26, decelerating sharply from the double-digit growth reported in the previous fiscal year. Earnings before interest and taxes fell 3.7 percent to €955 million, corresponding to a slight improvement in ...
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ArticleCVI outlook tightens on APAC softness as CooperCompanies nears CooperSurgical sale
CooperCompanies reported an 8 percent year-on-year increase in CooperVision revenue for the second quarter of fiscal 2026, ended April 30. Contact lens sales rose 4 percent at constant exchange rates and organically, slightly accelerating from Q1 (+3 percent). By category and on an organic basis, toric and multifocal contact lens ...
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ArticleArts Optical improves in H2, says strategic shift starts bearing fruit
Presenting its financial results for fiscal 2025, Hong Kong-based Arts Optical stressed that its gradual strategic focus shift from Western countries to Asia and from original design manufacturing to lens manufacturing (ODM) was starting to bear fruit. The company’s full-year revenue rose by 4.0 percent year over year to 1,333.9 ...
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News briefs
TPG Optics & Hearing sales top €10m in first few months of operation
The Platform Group (TPG), a German-based e-commerce software company, reported net revenues of €10.6 million on €12.9 million gross merchandise value for its Optics & Hearing segment in fiscal 2025. The group, which operates across 26 industries, mainly in Europe, entered the eyewear market in H2 last year by acquiring ...
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News briefs
TOG Q1 sales driven by North America
Thai Optical Group (TOG) reported a 2.5 percent year-on-year increase in Q1 revenue to 924 million Thai baht (€24m). Growth was driven by the Americas, where sales rose 22.2 percent, with Canada (+34 percent) and the US (+14 percent) both strong. The region accounted for 41 percent of group revenue ...
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ArticleIntermestic Q1 boosted by Megane Super consolidation, margins contract as expected
Intermestic, the parent company of Japanese retailer Zoff, reported last week its first quarterly results including the integration of Megane Super, the multi-brand optical retailer it acquired in September last year. As expected, the new perimeter drove a strong topline increase but weighed on profitability. Total group revenue rose 80.7 ...
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ArticleLenskart to double down on AI after strong performance in FY2026
Lenskart ended its first fiscal year as a public company with Q4 revenue from operations up 40.6 percent year on year to 25,157 million Indian rupees (€224.1 million), accelerating from the previous quarter (+37.4 percent), both in India and abroad. For the full year (ended March 31), total revenue was ...
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News briefs
Vuzix builds capacity amid lower sales, increased defense focus
Vuzix revenue fell 12.0 percent year on year in Q1 to $1.4 million, mainly due to lower sales of its M400 smart glasses. Net losses declined to $7.0 million from $8.6 million in Q1 2025, as higher R&D expenses were more than offset by a sharp reduction in SG&A. At ...
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ArticleNational Vision sees ‘flat to modest’ Q2 growth as maintains full-year outlook
National Vision said it expects to see “flat to modest” growth in the second quarter of its fiscal year amid temporary bumps associated with the launch of a new website for its America’s Best banner. The company has maintained its full-year sales and earnings guidance as comparable sales growth is ...
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ArticleMenicon sees dailies capacity gains set to accelerate sales and lift margins
Menicon’s Vision Care unit annual revenue rose 3.7 percent year on year to ¥125.6 billion (€680m) in the fiscal year ended, following a slight acceleration in Q4. At constant exchange rates, sales were up 2.9 percent. The momentum continued to be driven by the growing share of daily contact lenses ...
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ArticleMitsui Chemicals’ Life & Healthcare unit holds steady as group revenue plunges in FY2025/26
Mitsui Chemicals has reported a 2.9 percent year‑on‑year increase in revenue to 259 billion Japanese yen (€1.4bn) for its Life & Healthcare Solutions division in fiscal 2025/2026. The full‑year topline reflects an acceleration in the fourth quarter, as nine‑month sales were up 1.3 percent, though the result falls short of ...
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ArticleInspecs wraps 2025 with stable sales amid takeover shift
Inspecs Group’s full-year revenue edged down 0.8 percent year on year to £191.7 million (€221m) in 2025, flat at constant currencies. Figures for both years exclude Norville, the heavily loss-making lens unit closed in H2 2024. Volumes rose slightly to 11.5 million frames from 11.4 million in 2024. CEO Richard ...
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News briefs
Carl Zeiss Meditec targets €200M savings amid H1 revenue drop
Carl Zeiss Meditec continued to face strong headwinds in Q2 and reported a 5.7 percent year-over-year decline in half-year revenue to €991.0 million. On a constant-currency basis, the topline was down 1.0 percent. The company mostly attributed the decline to challenging market conditions, customer reluctance to invest, and currencies. H1 ...
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ArticleSafilo sustains margin expansion amid weak topline in Q1, confirms acquisitions
Safilo Group revenue fell 4.5 percent year on year to €272.9 million in Q1 FY2026, with most of the decline attributed to the sharp depreciation of the US dollar against the euro. At constant currencies, sales edged up 0.4 percent, exactly in line with Q4 2025. The modest growth was ...
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ArticleWarby Parker reaffirms guidance as it looks ahead to launch of AI glasses
Warby Parker reaffirmed its 2026 guidance for sales and earnings, as the company continues to ramp up for the launch of AI glasses later in the year through a partnership with Google and Samsung and points to momentum from the recent launch of a new sport eyewear collection and other ...
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ArticleConsumer sentiment and currency headwinds weigh on Synsam’s Q1
Synsam Group’s revenue increased by 3.8 percent year on year to SEK 1,773 million (€163 million) in the first quarter of fiscal 2026. On an organic basis, adjusted for currency variations, acquisitions and the relatively small franchise business, Q1 sales were up 5.6 percent. Sales grew organically in all markets, ...
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News briefs
Mister Spex reports adjusted margin gains despite softer sales in Q1.
Mister Spex’s Q1 revenue fell 8.9% year on year to €40.8 million, aligning closely with Q4 2025 amid ongoing weak consumer sentiment in Germany. The decline stemmed mainly from e-commerce, where sales dropped 19.1% to €24.5 million after closing five unprofitable international online shops (UK, France, Spain, Norway, Finland, Sweden) ...
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Kits Eyecare Q1 sales up 27% overall, 60% in glasses
Kits Eyecare Q1 revenue reached a record 57.5 million Canadian dollars (€36.6m), up 23.3 percent year-on-year (27.0 percent in constant currency), the Canadian e-tailer announced. Glasses revenue surged 60.5 percent to a record C$10.8 million (€6.9m), or 19 percent of total sales, with 156,000 units delivered (up 50 percent) and ...
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News briefs
Alcon Q1 contact lens sales up 7%
Alcon generated contact lens sales totaling $783 million in the first quarter of 2026, up by a reported 7 percent compared to the year earlier and 4 percent higher at constant-currency rates, as sales continued to be underpinned by demand for innovative products and price increases, partly offset by a ...
