All Financial results articles – Page 28
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News briefs
Bausch + Lomb's contact lenses sales up 6 % in Q3
Bausch Health has announced a 4 percent year-on-year hike in Q3 revenues for its Bausch + Lomb unit to $949 million. In constant currencies, quarterly sales were up by 3 percent as compared to the same period last year, primarily because of the positive impacts of the recovery from the ...
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ArticleMarcolin back to pre-Covid sales level in key markets
Marcolin has confirmed in Q3 its strong sales recovery since the start of this year, with nine-month revenues jumping by 42.8 percent year-on-year in reported terms to €336.6 million. At constant exchange rates, revenues were up by 47.5 percent as compared to 2021. The growth was driven by the American ...
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ArticleDTC and America drove EssilorLuxottica’s Q3 growth
Reporting its results for the first time since the integration of GrandVision business, consolidated in the accounts since July 1, EssilorLuxottica reported a 33 percent increase in Q3 revenues to €5,473 million as compared to 2019 and in constant currencies. On a comparable basis, total sales in the quarter for ...
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ArticleHoya Q2 sees sales of lenses inch up despite Covid-19 resurgence
Hoya Corporation saw revenues in the second quarter ended September 30 rise by 16 percent compared to the year earlier to 162.6 billion Japanese yen (€1,234.1m-$1,426.7m), with both Life Care and Information Technology segments continuing their recovery despite a resurgence of Covid-19 in some countries and regions. On a constant ...
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ArticleGrandVision reports 10% comparable Q3 growth vs. 2019
GrandVision reported a 2.0 percent year-on-year increase in Q3 revenues to €1,068 million, also representing a 2.3 percent hike as compared to the €1,045 million reported for the pre-pandemic 2019 year. However, on a comparable currency basis, the group’s total quarterly sales grew by 5.8 percent as compared to Q3 ...
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News briefs
Inspecs maintains full-year outlook but cautious on supply chain issues
UK eyewear maker and distributor Inspecs Group maintained its full-year outlook as the positive start to the half year continued into the third quarter. However, it remained cautious over global supply-chain issues currently hampering the global economy. Bath-based Inspecs said revenue in the nine months to September 30 came in ...
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ArticleJINS revenues up 6% for the year, in spite of Q4 drop
JINS Holdings, the Japanese-based retail group, reported a 12.4 percent year-on-year drop in quarterly sales for the last quarter of its financial year ended Aug. 31. The Q4 topline figure declined to 16.2 billion Japanese yen (€122m-$142m) versus Q4 2019, in stark contrast with the 56.2 percent year-on-year jump reported ...
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ArticleSolid growth for Kering Eyewear in Q3
Kering Eyewear reported total revenues of €168 million for the third quarter of its current fiscal year. Corrected from royalties and intragroup operations, Q3 consolidated sales stood at €138 million, representing a 25 percent increase from the same period last year, and also significantly higher than the €100 million reported ...
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News briefs
J & J sales of contact lenses up 6% in Q3
Johnson & Johnson reported a 6.2 percent year-on-year increase to $882 million in its global sales of contact lenses for the third quarter of the current financial year, or 6.4 up at constant exchange rates, however still below $893 million revenue for the segment registered in Q3 2019. The quarterly ...
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ArticleItalia Independent H1 sales jump, losses narrow
The Italia Independent Group saw sales in the first half ended June 30 jump by 272.4 percent compared to the year earlier to reach €9.1 million, as business rebounded and losses narrowed after the company took a hit from Covid-19 lockdowns and the loss of wholesale business due to the ...
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News briefs
Partial sales recovery for Fedon
Fedon has announced a 11.6 percent year-on-year increase in total sales to €23.4 million for the first semester 2021, however still much lower than the €32.7 million reported for the same period in 2019. By segment, sales to eyewear companies, which represent over 80 percent of the company’s business, went ...
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ArticleMister Spex earmarks IPO cash for growth as H1 sales rise 25%
German-based omnichannel retailer Mister Spex has reported a 25 percent rise in first-half revenue to €101 million and said it was earmarking at least half of its IPO raising to fund growth. First-half sales in Germany rose 26 percent to €71m, while internationally they were up 24 percent to €29.3m. ...
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ArticleBrand heritage and international expansion drive Revo growth
Revo, the American brand of high-end polarized sunglasses, is launching Revo Black, a new collection showcasing the brand’s latest developments in both lens and frame technologies. The new range includes three concepts – one featuring a carbon fiber frame, one with a titanium wire frame for the lightest Revo sunglass ...
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News briefs
Blackfin tops 2019 sales' level
Blackfin told us that the company would reach €12 million in annual revenues, up €1 million from the pre-pandemic 2019 level. The sales’ increase was driven by the domestic market and by the Northern European markets which account for about 80 percent exports. The company also said that a reduction ...
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News briefs
Nirvan Javan to double production this year
The Zurich-based brand Nirvan Javan, by the name of the designer who founded the company, has been growing fast since its creation in 2015. According to company officials met at the recent DaTE trade show, the company is expecting to double its production from 15,000 pairs of glasses last year ...
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ArticleInspecs eyes new buys as H1 profits, revenue surge
British eyewear designer and lens manufacturer Inspecs is on the hunt for new acquisitions after a surge in interim revenue and core earnings driven by the first full contribution from its German Eschenbach division. Revenues soared to $125.7 million for the six months to June 30, up from $16.7m a ...
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ArticleFast-growing Cooper gears up for MiSight launch
Cooper Companies reported a 32 percent year-on-year revenue increase for the third quarter of its current financial year to a total of $763 million with a solid performance in both its CooperVision and CooperSurgical divisions, which respectively grew by 24 percent to $557.5 million and by 60 percent to $205.9 ...
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ArticleKits sales up 21%, ramps up eyeglass business
Kits Eyecare, a Canadian-based online retailer of contact lenses, eyeglasses and sunglasses that went public at the start of this year, reported a 21 percent year-on-year increase in H1 revenues to $42.1 million. On a constant currency basis, total sales went up by 28 percent as compared to the same ...
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News briefs
TOG recovery driven by the U.S.
The Thai Optical Group more than doubled its Q2 revenues as compared to Q2 2020, reaching 596 million baht (€15.6m-$18.4m), as its business was very heavily impacted by the Covid-19 pandemic in the same quarter last year. However, the quarterly sale performance also marks a 27 percent increase from Q2 ...
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News briefs
Paris Miki Q1 sales up y-o-y but still below pre-Covid levels
Paris Miki Holdings, the Japanese-based optical retailer, reported Q1 revenues of 10,376 million Japanese yen (€79.6m-$94.3m), representing a 28.5 percent increase from the same quarter in the previous year. However, the company’s topline has not returned to pre-Covid level as it reported ¥12,252 million (€93.9m-$111.3m) in Q1 2019. On a ...
