All Financial results articles – Page 30
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ArticleMarcolin on track towards full Covid recovery
Marcolin reported a strong sales recovery for the first six months of 2021 as compared to the same period last year, with an acceleration in Q2 that brought back the Italian group at pre-pandemic revenue level. The company also significantly improved its profitability ratios during the period. Total H1 sales ...
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ArticleEssilorLuxottica delivers strong Q2
EssilorLuxottica reported total revenues of €4,709 million for the second quarter of its 2021 fiscal year, up 92.5 percent in reported terms and 103.1 percent at constant exchange rates as compared to 2020. Compared to the same period in the pre-Covid 2019 year, revenues increased by 9.2 percent in neutral ...
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ArticleHoya returns to pre-Covid sales level in lenses
Hoya Corporation reported a 45 percent year-on-year increase in Q1 group revenues to 158.0 billion Japanese yen (€1,212m-$1,439m), confirming its rebound from the Covid-19 crisis with strong sales’ growth in both its Life Care and Information Technology segments. On a currency neutral basis, quarterly revenues grew by 39 percent as ...
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ArticleKering Eyewear H1 sales top 2019 level by 22%
Kering Eyewear reported a 61.8 percent year-on-year jump in revenues and on comparable currency basis, reaching €383 million for the first half of its 2021 fiscal year. Deducting €57 million in royalties and intragroup sales, the company’s net contribution to the group’s H1 revenues totaled €326 million, up 69.8 percent ...
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ArticleSun Hing turns a small profit despite 23% sales drop
Sun Hing Vision Group, the Hong Kong-based eyewear company, reported a 23.1 percent year-on-year drop in annual sales to 702 million HK dollars (€76.4 m-€90.3m) for its 2020/21 fiscal year as both its OEM and distribution business were significantly impacted by the Covid-19 pandemic. The OEM business’ segment sales, which ...
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News briefs
J & J contact lenses’ sales up 53.4% in Q2
Johnson & Johnson reported a 56.7 percent year-on-year increase to $868 million in its global sales of contact lenses for the second quarter of the current financial year, or a 53.4 percent rebound in constant currencies. The strong growth was fueled by the Covid-19 market recovery, the launch of new ...
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News briefs
JINS’ Q3 sales up 56%
The Japanese-based optical retailer JINS reported a 56.2 percent year-on-year increase in Q3 revenues, reaching total sales of 16,098 million yen (€124.1m-$146.4m). The domestic market, which accounts for roughly 80 percent of the company’s revenues, grew by 66.9 percent while the international market segment increased by 40.4 percent. Beyond the ...
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ArticleFielmann business recovery accelerated in H1
The Fielmann retail group released preliminary figures for the first half of the current financial year during its annual general meeting on July 8. The company said that its business’ recovery accelerated in Q2 thanks to declining Covid-19 incidences on the optical market and to its ongoing internationalization and digitization ...
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News briefs
Mister Spex reaches €826m valuation on first trading day
Mister Spex has completed its Initial Public Offering at the Frankfurt stock exchange by offering a total of a maximum 15 million shares at the price of €25 each on July 2. The offer included 9,782,609 new shares from a capital increase and 3,260,869 shares from existing shareholders. In addition, ...
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ArticleAfflelou rebounds 3 % higher than in 2019
The Afflelou group reported revenues of €189.3 million for its third quarter and of € 618.1 million for the first nine months of its current financial year, representing year-on-year increases of 74.4 percent and 24.5 percent, respectively. The group highlighted that its total sales for the first nine months were ...
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ArticleCVI doubles myopia management sales
Although the segment still accounts for less than 3 percent of CooperVision revenues, much of the talk during the Q2 results’ presentation by the company yesterday revolved around myopia management and the company’s performance in this product category. Answering questions from financial analysts, Al White, president and CEO of CooperCompanies, ...
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ArticlePartial sales recovery in Q1 for Marcolin
Only a few days after the publication of its annual results, the Marcolin Group relased its quarterly figures for the first quarter of the current fiscal year ending March 31, which showed a strong rebound in revenues from 2020, but falling short of recovering to pre-Covid levels. ...
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ArticleAcquisitions and digitization fuel New Look Vision’s growth
New Look Vision Group, the Canadian-based retail group, reported a high double-digit increase in revenues for the third consecutive quarter, confirming a quick recovery from the impact of the Covid-19 pandemic. After respective growths of 17 percent and 25 percent in Q3 and Q4 in the past ...
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News briefs
JINS’ eyewear sales up 4.5% in H1
JINS, the Japanese low-cost optical retailer, has reported a slight increase in H1 revenues to 31,634 million Japanese yen (€237.6m-$290.6m), or 0.4 percent higher than in H1 2020. Year-on-year, increases in eyewear sales of 4.0 percent and 6.2 percent, respectively, in Japan and abroad during the first half of the ...
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News briefs
Paris Miki sales down 9% last year
Paris Miki Holdings, the Japanese-based optical retailer, reported Q4 revenues of 10,691 million Japanese yen (€80.3m-$98.2m), representing a slight 0.5 percent increase from Q4 2020. However, the partial recovery in the second half of the fiscal year could not offset the double-digit revenue drops in Q1 and Q2, leading the ...
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ArticleConsumer markets supported Zeiss H1 rebound
After a slight decline of 2 percent in revenues last year, ZEISS reported a significant recovery for the first half of its current fiscal year, with total H1 sales increasing 6 percent year-on-year to €3.4 billion, or by 9 percent in constant currencies. With roughly stable revenues in the Semiconductor ...
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News briefs
National Vision upgrades 2021 outlook after solid Q1
National Vision, the U.S.-based optical retailer operating the America’s Best and Eyeglass World banners, reported a net increase in Q1 revenues of 13.7 percent as compared to Q1 2020, reaching $534.2 million. The quarterly sales’ growth was driven by a 18.2 percent year-on-year increase on a comparable store basis. During ...
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News briefs
Sales and profits up at TOG
The Thai Optical Group reported a 27 percent year-on-year increase in Q1 revenues to 607 million baht (€16m-$19.3m) which was mostly attributed to the global economic recovery in the major markets. This level of revenues puts the company’s topline 7.4 percent higher than in 2019, showing a normalization of the ...
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ArticleMister Spex up double digits, opens first stores abroad
Mister Spex, the German-based omnichannel retailer, announced last week that its 2020 revenues grew by 18 percent last year as compared to 2019, reaching €164 million. The company registered a double-digit hike in sales both in Germany and in its international markets. Dirk Graber, founder and co-CEO, ...
