All Financial results articles – Page 15
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News briefs
Mister Spex confirms guidance after positive Q4
Mister Spex has announced that its Q4 revenue increased by 7 percent year-on-year, with a 10 percent growth in the German market. The sales uptick was driven by a 10 percent increase in average order value (AOV) across the board while, in the prescription glasses segment, both price increases and ...
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News briefsRecord sales and profits for Topcon’s eye care business
Japanese-based equipment maker Topcon has reported record sales of 54.2 billion Japanese yen (€338m) for the first nine months of its current fiscal year ending March 2024, up by 9.9 percent year-on-year. The topline growth was driven by the group’s domestic market (+17.2%) and the rest of Asia (+23.8%) with ...
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ArticleInspecs posts mixed results for 2023, resumes acquisitions strategy
Releasing a trading update for 2023, UK-based Inspecs Group has reported margin improvements on flattish year-on-year sales for last year (£200.3m, €234.9m). On a constant-currency basis, the group’s topline declined by 1.6 percent versus 2022, which the company attributed to softer trading in December. This apparently more than offset the ...
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ArticleJohnson & Johnson Q4 contact lens sales rise 7.9%
Johnson & Johnson’s global sales of contact lenses in the fourth quarter ended Dec. 31 grew by a reported 6.1 percent to $882 million. Sales at constant currency rates increased by 7.9 percent, with growth driven by price actions and the continued strong performance of the Acuvue Oasys 1-Day family ...
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ArticleKaneko mother company posts very strong 9-month results
Japan Eyewear Holdings (JEH), mother company of the Kaneko Optical and Four Nines (or 999.9) brands, published its quarterly financial results in December last year and for the first time since its IPO on the Tokyo Stock Exchange in November. For the third quarter alone, sales jumped by 33.6 percent ...
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News briefs
Jins Q1 revenue up 6.5 %
Japanese-based retailer JINS has reported a 6.5 percent year-on-year increase in quarterly revenue to 18.2 billion Japanese yen (€114 m) for the first quarter of its fiscal year ending August 2024. The group’s topline growth pace slowed down from the 16.0 percent hike reported for the previous quarter. Q1 sales ...
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ArticleZEISS Consumer Markets unit up 5% in fiscal year, group topline over €10 bn
ZEISS Group has reported record revenue of €10.1 billion for the fiscal year ended Sept. 30, up by 15 percent compared with 2021/22 and over the symbolic €10 bn mark for the first time. As shown in the table below, the group’s growth was largely driven by its semiconductor business ...
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News briefs
Alain Afflelou sales up 5% in Q1
Afflelou Group has reported a 5.1 percent year-on-year increase in external sales to €217 million for the first quarter of its current fiscal year ended on last Oct. 31, decelerating slightly from the previous quarter (8.1 percent growth). Sales were up by 4.2 percent in France, by 9.8 percent in ...
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ArticleMitsui aims to boost its Life & Healthcare business’ profits by 2030
During its Vision 2030 business strategy presentation held earlier this week, Mitsui Chemicals has announced that it was planning to increase the operating profit of its Life & Healthcare Solutions division from 36 billion Japanese yen (€229 m) in the current fiscal year to ¥65 billion (€413 m) in fiscal ...
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ArticleDouble-digit sales growth but lower margin in full year for Carl Zeiss Meditec
Carl Zeiss Meditec has reported a 9.8 percent year-on-year increase in revenue to €2,089 for its full fiscal year ended Sept. 30. In constant currencies, the topline was up by 10.1 percent with market share gains in both business units - ophthalmic devices and microsurgery. The company stressed that it ...
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ArticleCooperVision slowed down by production capacity limitations
CooperCompanies has reported an 11 percent year-on-year revenue increase to $622.9 million for its CooperVision division in the last quarter of its 2023 fiscal year ended Sept. 30. Quarterly sales of contact lenses were up by 9 percent at constant exchange rates and by 11 percent organically compared with Q4 ...
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ArticleAfflelou Group ends fiscal year on a strong Q4
Afflelou Group ended its fiscal year with a strong fourth quarter as network sales grew by 8.1 percent year-on-year to €232.9 million, accelerating from the 4.2 percent growth reported in the previous quarter. The uptick was particularly noticeable in France as sales grew by 7.3 percent year-on-year in Q4, compared ...
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ArticleSynsam improves margins, expands EyeView roll out
For the first time since the company went public in October 2021, Synsam Group fell short of reporting a double-digit increase in quarterly sales, however not by much as the group’s topline grew by 9.9 percent year-on-year to 1,450 million Swedish crowns (€127m) in Q3. While this confirms the company’s ...
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News briefs
Sunglasses drove Paris Miki’s H1 growth
Japanese-based retail group Paris Miki has reported a 6.7 percent year-on-year increase in revenue to 25.2 billion Japanese yen (€154 m) for the first half of its fiscal year, with growth pace accelerating in the second quarter ended Sept. 30. Sales in the domestic market rose by 6.1 percent to ...
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News briefs
Alcon Q3 contact lens sales rise 10% thanks to product innovation, price increases
Alcon registered sales of contact lenses in the third quarter ended Sept. 30 of $612 million, up by a reported 10 percent compared to the year earlier. Top line growth was attributed largely to product innovation, including the toric modalities of Precision1, Total30 and Dailies Total1 lenses, which outpaced a ...
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News briefs
TOG reports flattish Q3 and 9M sales
Thai Optical Group (TOG) has reported that its revenue inched up by 0.6 percent year-on-year to 795 million baht (€21 m) in the third quarter of the current fiscal year. Total sales for the first nine months of 2023 reached 2,185 million baht (€57 m) also up by 0.6 percent ...
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News briefs
Europe drives Menicon vision care revenue growth in Q2
Menicon has reported a 5.0 percent year-on-year increase in vision care revenue to 53,037 million Japanese yen (€324 m) for the first half of its fiscal year, with overseas market overperforming. Sales in the Japanese group’s domestic market inched up by 1.8 percent year-on-year to ¥37,340 million (€228 m) as ...
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News briefs
Mitsui expects flat annual sales in vision care materials
Mitsui Chemicals has reported a second consecutive quarter of declining revenue for its Life & Healthcare Solutions division, in which its vision care business is integrated along with other products such as nonwovens, oral care and agrochemicals. The business unit sales for the first six months of the group’s current ...
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News briefs
Vuzix to work on cost reduction as OEM sales take-off is delayed
Reporting lackluster results for the third quarter of 2023, Vuzix has announced that it would launch a cost reduction program that is expected to lower operating costs by 20 percent annually once fully implemented. The company said that the streamlining of its operations would impact everything from operations to product ...
