All Financial results articles – Page 15
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ArticleKering Eyewear comparable sales up 45% in 2021
Reporting its annual results last week, French luxury group Kering announced that external sales of its Kering Eyewear subsidiary reached a total of €726 million in 2021. After elimination of royalties and intragroup sales, Kering Eyewear posted consolidated revenues of €599 million, including the consolidation of the acquired Lindberg business ...
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Alcon reports 11% increase in sales of contact lenses in Q4
Alcon generated sales of contact lenses totaling $533 million in the fourth quarter ended Dec. 31, up by 11 percent compared to the year earlier in constant currency terms and benefiting from continuing recovery in international markets and growth in silicone hydrogen (SiHy) contact lenses, including Precision 1 products and ...
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Paris Miki downgrades FY forecast
Japanese-based retail group Paris Miki continued to struggle in the third quarter of its FY03/22 financial year, with group revenues declining by 3.0 percent year-on-year to 11,792 million Japanese yen (€90.1m-$102.4m), however slightly improving from the 11.2 percent drop reported for the previous quarter. By region, the group reported a ...
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Menicon upgrades FY forecast, builds new plant
Menicon kept growing at a fast pace in the third quarter of its current financial year both on its domestic market and internationally. The group reported a 17.8 percent year-on-year increase in total revenues to 74.7 billion Japanese yen (€570m-$648m), with a 12.5 percent hike in vision care sales that ...
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Q1 revenues up at Carl Zeiss Meditec
Carl Zeiss Meditec reported revenues of €410.2 million for the first three months of its 2021/22 financial year, up by 11.2 percent in reported terms and by 10.5 percent in constant currencies from the previous first quarter’s €368.9 million. Sales in the Ophtalmic Devices unit grew year-on-year by 9.7 percent ...
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ArticleHoya posts record revenue and profit for Q3
Hoya has reported record-high revenue and operating profit for the third quarter of its financial year, with both the IT and Life Care divisions contributing double-digit sales growth as compared to Q3 2020. In the Life Care business, which includes medical equipment, eyeglass lenses and contact lenses, quarterly revenues were ...
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Topcon reports record Q3 eyecare revenue
Topcon has reported a 43 percent year-on-year increase in Q3 sales for its eye care equipment division, with revenue reaching 41.4 billion Japanese yen (€320m-$362m). The business unit provides ophthalmic instruments for examination, diagnosis, treatment as well as optometric instruments for refraction and eye-glasses lens processing. Topcon said that demand ...
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ArticleInspecs sees FY results in line as acquisitions boost revenue
UK-based Inspecs Group said it expects annual results to be in line with forecasts, as sales rose despite Covid-19 restrictions. The company anticipates revenue of $241 million compared with $47.4 million a year earlier, with its Eschenbach acquisition delivering a positive performance. It added that current trading in its European ...
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ArticleSafilo boosts profitability as sales top pre-pandemic level
Safilo reported a strong improvement in profitability in 2021, with sales exceeding their pre-pandemic level despite faltering in the fourth quarter and as an overhaul of its brand portfolio bore fruit. The Italian eyewear manufacturer’s Ebitda margin jumped to 8.7 percent of sales from breakeven the year earlier and a ...
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Q3 revenues up at Kits
Results for Kits’ third quarter of 2021 show marked improvement from the same period two years ago, when pandemic restrictions were still severe. At constant currencies, revenues were up by 3 percent year-on-year, from $20.2 to $20.9 million, but they were up by 73 percent from the $12.1 million of ...
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Johnson & Johnson Q4 contact lens sales grow 4.6%
Johnson & Johnson’s global sales of contact lenses in the fourth quarter grew by a reported 4.6 percent to $833 million and were 7.1 percent higher at constant-currency rates as a market recovery continued and new products Acuvue Oasys Multifocal and Acuvue Define Fresh carved out market share. Stocking fluctuation ...
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JINS upgrades 2022 forecast
The Japanese-based optical retail group JINS has reported a 3.1 percent year-on-year increase in Q1 revenues, reaching total sales of 15,275 million yen (€118.4m-$134.4m). The domestic market, which accounts for almost 80 percent of the company’s revenues, grew by 1.7 percent year-on-year, after a 14.6 percent drop in the previous ...
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ArticleSpecsavers profits doubled in Covid year
After having skipped the publication of its presentation last year at the time of the Covid outbreak, Specsavers has returned to disclosing the annual review of its business, however in a much less detailed format than before. For the financial year ended Feb. 28, 2021, the British-based retail group announced ...
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Preliminary figures show record year for Kits Eyewear
Kits Eyecare has released some preliminary figures for the fourth quarter and full year (ended on Dec. 31) of 2021. The vertically integrated, digital platform will be presenting final figures in March. As they stand, things look positive, with total eyeglasses delivered up by 150 percent to 50,000 for the ...
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TOG post sales and profit increases
The Thai Optical Group reported a 5.1 percent year-on-year increase in revenues for the third quarter of its current financial year, reaching 573 million baht (€15.2m-$17.1m). The company said that its Q3 sales increased in the Americas and EMEA regions but declined in Australia and Asia-Pacific due to the ongoing ...
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Afflelou Q1 sales up 9% vs. 2019, but down year-on-year
The Afflelou group reported network sales of €208.9 million for the quarter ended Oct. 31, down by 4.9 percent from the same period in the previous year, which was marked by an exceptional performance following the reopening of the group’s stores after the first lockdown in France. As compared to ...
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ArticleZEISS reports record revenues in anniversary year
ZEISS has reported record revenues of €7,529 billion for the fiscal year ending Sept. 30, 2021, with double-digit growths in all segments. The group topline grew by 19.6 percent as compared with the previous year, and by 17.1 percent versus the pre-Covid 2018/19 fiscal year. Over 90 percent of sales ...
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Record revenues for Carl Zeiss Meditec in 2020/21
Carl Zeiss Meditec posted record revenues of €1,647 million for its full 2020/21 fiscal year, growing by 23.3 percent year-on-year in reported terms and by 26.5 percent in constant currencies. The growth was driven by the Ophtalmic Devices unit where sales jumped by 29.8 percent year-on-year and at constant exchange ...
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ArticleEMEA rebound drove CooperVision in Q4
CooperVision has reported a 12 percent year-on-year increase in Q4 revenues to $564.8 million, an 11 percent hike at constant exchange rates. As compared to 2019, sales grew by 10.8 percent. Commenting on the quarterly results, Al White, CEO of CooperCompanies, noted that the revenue growth had been driven by ...
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ArticleSynsam growth driven by subscription plans
Publishing its first quarterly results since its listing at the Nasdaq Stockholm stock exchange at the end of October, the Swedish-based retailer Synsam has announced significant sales increases across the board and profitability improvements. Double-digit hikes in both organic and like-for-like sales, the expansion of the group’s stores network footprint ...
