All Financial results articles – Page 26
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ArticleGood start of the year for Safilo
The board of directors of Safilo Group has approved the annual results of the company for the 2021 fiscal year, which showed strong improvements both in terms of revenue and profitability versus 2020 and 2019. As we have already covered the group’s performance extensively at the end of January after ...
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ArticleWith revenues up, Thai Optical is shifting towards high value-added
Thai Optical Group has posted revenues from sales and services of 2,358 million baht (€64.20m) for 2021, up year-on-year by 29.5 percent. Ebitda was up by 108.4 percent to THB 529 million (€14.4m). America has been the group’s major growth market over the past three years, climbing from 7.8 percent ...
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ArticleEssilux comparable revenue up 7.4 % in 2021 vs. 2019
EssilorLuxottica has reported revenues of €19,820 million for the full 2021 financial year, up 40 percent year-on-year and 20 percent versus the pre-Covid 2019 year. The topline figure includes revenues of the GrandVision business for the first time, and for a total of €2,062 million corresponding to six months of ...
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ArticleKits increases revenues, expands customer base
Kits Eyecare devoted 2021 – its first year as a public company – to investment, expanding its production capacity and customer base. The self-described “vertically integrated, digitally native eyecare platform” also managed to raise revenues, bringing in about $82.4 million. Year-on-year this represents an increase of 15.1 percent in constant ...
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ArticleEMEA and APAC drove CooperVision Q1 growth
CooperCompanies has reported a 16 percent year-on-year revenue increase to $787.2 million for the first quarter of its 2022 financial year, with double-digit progress for both its CooperVision and CooperSurgical divisions. CooperVision Q1 sales rose by 11 percent in reported terms as compared to the same period in 2020, or ...
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ArticleNational Vision issues cautious 2022 forecast after record 2021
National Vision, the U.S. optical retail group operating the America’s Best and Eyeglass World chains, has reported a 3.8 percent year-on-year decline in revenues to $477.9 million for the last quarter of its 2021 fiscal year. However, as compared to the same quarter of the 2019 reference year, group sales ...
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ArticleSynsam posts all-time high annual sales and profits
Swedish-based retailer Synsam Group reported a 14.0 percent year-on-year increase for the last quarter of its financial year, with total revenues totaling SEK 1,245 million (€117.0m). Like-for-like growth for the period was 10.2 percent. Although the quarter saw a deceleration from the previous quarter’s 21.0 percent sales’ increase, the company ...
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News briefs
Bausch + Lomb sees 6% Q4 sales gain ahead of planned IPO
The Bausch + Lomb unit of Bausch Health saw revenues in the fourth quarter of 2021 increase by 6 percent compared to the year earlier to $1,001 million. Revenues were 7 percent higher at constant currency rates, reflecting the continued positive impacts of recovery from the Covid-19 pandemic. Reported sales ...
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ArticleFielmann sees 2021 sales jump 19%
The Fielmann Group reported external sales of €1.94 billion in 2021, reflecting a 19 percent increase over the previous year and 10 percent growth above the pre-pandemic level seen in 2019. Consolidated sales rose by 17 percent compared to the previous year to reach €1.68 billion. Preliminary figures from the ...
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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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News briefs
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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Article
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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News briefs
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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News briefs
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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News briefs
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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News briefs
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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News briefs
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 ...
