All Financial results articles – Page 25
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ArticleBausch + Lomb sees 5% organic sales growth in Q1 as IPO wraps up
Bausch Health sold 35 million common Bausch + Lomb shares, or a 10.0 percent stake, at a price of $18.00 per share, in an initial public offering yielding gross proceeds of $630 million and valuing its subsidiary at about $6,300 million. Joseph Papa, chairman of Bausch Health and CEO of ...
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ArticleHoya lenses sales up 7% in Q4, margins slightly down
HOYA has reported another quarter of record sales and profits at group level, with Q4 FY21 revenues increasing by 12 percent year-on-year to 169.6 billion yen (€1,233m). Both business units contributed double-digit growths in reported terms, partly boosted by currency tailwinds. At constant exchange rates, group sales were up by ...
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ArticleBiometric lenses boost Rodenstock sales and profits
The Rodenstock Group has announced that its revenues reached €494 million in 2021, exceeding forecasts and growing by 23 percent compared to the previous year. After a difficult year in 2020 because of the COVID-19 impact on optical market, the German group’s sales rebounded about 10 percent over the €450 ...
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ArticleStrong wholesale and retail rebound for De Rigo in 2021
The De Rigo group has announced a solid rebound in both sales and profits for 2021, following a significant revenue drop and a negative net result in 2019 because of the COVID-19 impact on the business. As shown in the table below, the family-owned Italian eyewear company saw its topline ...
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ArticleEuropean rebound fueled Safilo Q1 growth
After having posted a slight decline in net sales for the last quarter of 2021, the Safilo Group resumed its growth trajectory in Q1 2022, posting revenues of €282.6 million, up by 8.4 percent in constant currencies compared to the same period last year. The company stressed that its sales ...
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ArticleMarcolin builds on 2021 momentum in Q1
After bouncing back from the Covid-19 pandemic in 2021, the Marcolin Group built on its recovery in the first quarter of 2022, with sales posting a 19.5 percent year-on-year gain to reach €129.8 million and rising 15.3 percent at constant currency rates. Sales in financial year 2021, for which results ...
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ArticleFielmann sales up 9% in Q1 despite headwinds
During its annual results presentation yesterday, the Fielmann Group confirmed it had reached record external sales of €1.94 million for the full year 2021, as announced in February with its preliminary figures. The company also presented its results for the first quarter of the current year during which the revenue ...
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News briefs
Inspecs posts 18% revenue hike in Q1
Providing a trading update, Inspecs Group has announced its Q1 sales totaled $75.1 million in the first quarter of the year, up $7.9 million from the same period last year. At constant exchange rates, group revenue increased by 18.5 percent year-on-year with both organic growth of existing entities and recent ...
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ArticleOptic 2000 group just over €1bn in revenue last year
Groupement Optic 2000, one of the leading optical retailers in France, has reported a 17 percent year-on-year increase in revenue to €1,010 million for 2021. This includes annual sales of its two optical banners, Optic 2000 and LISSAC, the business of its buying groups, Gadol in France and Optic Swiss ...
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ArticleStrong Q1 for Essilux
Except for a slight deceleration in the U.S. market, all lights were green in the first quarter of the 2022 fiscal year for EssilorLuxottica with its two operating segments and all regions gaining momentum compared to the previous quarter. In reported terms, total revenue jumped by 38 percent year-on-year to ...
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ArticleRevenue boost for Kering Eyewear in Q1
Kering Eyewear quarterly revenues reached €300 million for the first quarter of 2022, a significant jump from the €185 million reported in the previous year. The eyewear division of Kering was the fastest growing unit in Q1 for the French luxury group, whose total reported sales increased by 27 percent ...
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News briefs
Johnson & Johnson sees 6.2% rise in Q1 contact lens sales
Johnson & Johnson saw first quarter sales of contact lenses rise by a reported 6.2 percent to $910 million, reflecting a 10.6 percent rise at constant-currency rates and benefiting from the continued market recovery and strong performance of new products Acuvue Oasys Multifocal and Acuvue Define Fresh. Sales in the ...
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News briefs
Kits eyeglasses’ volume up 60% in Q1
Kits Eyecare, the Canadian-based online player, has announced that it delivered over 46,000 eyeglasses in Q1 2022, a 60 percent increase from the previous year. Initially a contact lens specialist, the company has developed a range of eyeglasses that has grown to 750 references, including private label and selected eyewear ...
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News briefs
JINS still driven by overseas markets
Japanese-based optical retailer JINS has reported a 3.4 percent year-on-year increase in sales to 32.7 billion Japanese yen for the first half of its current financial year. Most of the growth came from the overseas business of the group where revenue increased by 14.3 percent to JPY 7.1 bn while ...
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ArticlePro Optik reports strong growth, plans further digitization
Pro Optik reported strong results in 2021, outperforming the sector despite recent market headwinds, and consolidating its third place in the ranking of optical retail banners by sales in Germany, the company announced. Sales increased last year by around 11% to €144 million from €130 million in 2020, driven by ...
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ArticleMister Spex looks to accelerate revenue growth in 2022
The Germany-based omnichannel retailer Mister Spex expects to bump up growth in its top line this year, forecasting a double-digit growth rate that is “slightly higher” than the 18 percent increase in revenues seen in 2021 and allows it to continue to grow faster than the market as a whole. ...
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ArticleAfflelou sales rebound in Q2 after Q1 drop
The Afflelou group has reported a slight year-on-year increase in network sales for the second quarter of its 2022 fiscal year, ended Jan. 31, rebounding from a 4.9 percent drop in the previous quarter. The growth was limited to 3.2 percent versus 2021 as the stores’ activity was still impacted ...
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ArticleFedon annual revenues rise as demand rebounds from Covid pandemic
Italian eyewear case and leather goods specialist Fedon has reported a rise in annual revenue as trading rebounded from the impact of the Covid-19 pandemic and associated lockdowns around the world. Group revenue rose 18.8 percent year-on-year to €50.1 million in 2021, but remained siginificantly lower than the €64.2 million ...
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ArticleKRYS GROUP announces €50 million investment plan
The KRYS GROUP reported a 18.5 percent year-on-year increase in network sales of optical products and hearing aids to a total of €1,199 million, including VAT, for 2021. As compared to the pre-Covid 2019 reference year, stores sales were up by 7.8 percent. The hearing-aids Krys Audition unit saw its ...
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Article
Higher sales and losses for Warby Parker in Q4, FY
U.S.-based direct-to-consumer Warby Parker has reported a 17.8 percent year-on-year increase in Q4 revenues to $132.9 million. The company noted that its quarterly sales had been negatively impacted by the Covid’s Omicron variant at the end of December, which usually coincides with peak demand from customers. Q4 revenues were up ...
