All Financial results articles – Page 6
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News briefs
Johnson & Johnson Q2 contact lens sales grow 5.1%
Johnson & Johnson reported contact lens sales totaling $939 million in the second quarter of 2023, up by 5.1 percent compared to the year earlier on a reported basis and 6.6 percent higher at constant currency rates. Growth was attributed to the continued strong performance of the Acuvue Oasys 1-Day ...
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ArticleFielmann launches proprietary online vision check tool, reports good H1 results
Reporting its preliminary results for the first half of 2023 earlier today, Fielmann Group announced that it would enhance its German e-commerce website next month with a new vision check tool based on a proprietary measurement technology. The new system willl allow users of fielmann.de to check online whether their ...
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ArticleSpecsavers revenue up mid-single digit in 2022/23
In its just published annual review, Specsavers has reported total group revenue of £3.55 billion (€4.15 billion) for its 2022/23 fiscal year ended Feb. 28, up by 5.6 percent at constant exchange rates compared with the previous year. This marks a deceleration from the 24.9 percent sales increase reported in ...
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ArticleSun Hing OEM unit hit by lower consumer demand in Western markets
OEM manufacturer Sun Hing Vision Group has reported a 19.6 percent year-on-year drop in revenue to 705 million Hong Kong dollars (€83 m) for its fiscal year ended March 31, 2023. The Hong Kong-based company explained that its business was severely hit last year by the economic crisis in the ...
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ArticleAlain Afflelou banner posts 8% growth in Q3, Spain up double digits
The Afflelou Group has reported a 4.2 percent year-on-year increase in external sales to €220 million (see table) for its third quarter, ended April 30. On a like-for-like basis, they were up by 5.1 percent versus FY 2022. The company commented that the quarterly sales uptick reflected higher volumes rather ...
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ArticleMitsui to increase MR output and bolster synergies with coating unit in FY 2023
Mitsui Chemicals has reported a 33 percent year-on-year increase in revenue to 258 billion Japanese yen (€1.7bn) in fiscal 2022 for its Life & Healthcare Solutions business, a unit that includes sales of vision care materials but also other product categories, such as agrochemicals and nonwovens. Operating margin for the ...
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ArticleScreening and shared data at the core of TOPCON 2025 plan
Japanese-based equipment maker TOPCON has reported a strong growth in revenue and stable margins for its eye care division in its fiscal year ended March 31. The company also presented its mid-term business strategy and 2025 targets, with a strong focus on its screening and software businesses that are expected ...
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ArticleRodenstock sales up 4 % last year on B.I.G. Vision lenses momentum
Rodenstock Group has reported €505 million in pro-forma sales for fiscal 2022, an increase of 4 percent on a like-for-like basis compared with the previous year. The lens company stressed that it could deliver robust results despite challenging macroeconomic conditions that led to a slowdown in growth pace in the ...
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ArticleCooperCompanies upgrades outlook after solid Q2
CooperCompanies has reported a 6.4 percent year-on-year revenue increase to $589.3 million for its CooperVision unit in the second quarter of its fiscal year, ended April 30. The division topline was up by 10 percent at constant currencies and organically, marking its ninth consecutive quarter of double-digit growth, the company ...
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News briefs
Thai Optical Group up 11% in Q1
Thai Optical Group (TOG) has reported an 11 percent year-on-year increase in Q1 revenue to 722 million Baht (€19m), driven by the Americas and Europe regions that saw their sales increase by 43 percent and 29 percent respectively. This was partly offset by declining revenue in Africa and the Middle ...
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ArticleJINS downgrades outlook, rethinks business model and supply chain
JINS HOLDINGS has downgraded its outlook for the current fiscal year ending next Aug. 31 after mixed results in the first half of the year, mostly due to lackluster sales on the Japan-based group’s domestic market. Sales in Japan grew by 2.4 percent year-on-year in H1 to 26,2 billion Japanese ...
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ArticleSynsam eyewear subscription business underpins record Q1 sales gains
Synsam Group generated sales of 1,411 million Swedish crowns (€124.7m) in the three months ended March 31, up by 19.0 percent on the year earlier, marking the company’s highest first quarter growth ever and underpinned by a sharp rise in sales for its eyeglass subscription business. Organic sales growth was ...
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ArticleParis Miki reports sales rebound and return to operating profit for 2022-23
Japanese-based retail group Paris Miki ended its fiscal 2022-23 year on a high note with total sales increasing by 9.2 percent year-on-year to 11,387 million Japanese yen (€76 m) in Q4 and sharply accelerating from the 4.9 percent growth reported for Q3. The rebound was equally shared between the company’s ...
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News briefs
Optic 2000 group reports stable revenue for 2022
The Optic 2000 group, one of the leading optical and hearing aids’ retail players in France, has announced that its sales reached €1.2 billion including VAT in 2022. This represents a flattish year-on-year performance against a record comparison basis in 2021. By banner, sales including VAT reached €891 million for ...
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News briefs
Zeiss Consumer Markets business up 3 % in H1
The Zeiss Group has announced an 18 percent year-on-year revenue increase to €4,836 million for the first half of its fiscal year, with all business units growing. The topline increase was largely driven by the group’s semiconductor business where sales jumped by 41 percent versus H1 2021-22. Revenue from the ...
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ArticleMenicon driven by dailies, ortho-k, overseas and currencies in FY2022
Japanese-based contact lens maker Menicon has reported positive full year results for its fiscal year ended March 31, with a double-digit increase in group revenue versus 2021 and a slight improvement in operating profit margin. The overseas markets, notably in the orthokeratology segment, higher sales of daily disposable lenses in ...
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News briefs
National Vision posts Q1 revenue increase but margins still down
National Vision has reported its first quarterly revenue increase in more than a year as group sales increased by 6.6 percent year-on-year to $562.4 million in Q1 2023. On a comparable-store basis, sales went up by 3.0 percent versus Q1 2022. Profitability remained however under pressure as the higher eyeglass ...
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ArticleGermany and prescription frames drove Mister Spex’ growth in Q1
Mister Spex has reported a 6 percent year-on-year increase in revenue to €51 million for the first quarter of 2023. The growth was fully attributable to Germany where sales grew by 12 percent to €38 million, thanks notably to the reallocation of marketing investments on the domestic market as part ...
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News briefs
Vuzix bullish about smart eyewear adoption by fashion glasses brands
Presenting its Q1 financial results earlier this week, smart glasses manufacturer Vuzix gave an update on the development of its Vuzix Ultralite OEM platform which the company said had an array of customers lining up, across different sectors. These include fashion glasses companies but also companies in the sporting goods, ...
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News briefs
Kits Eyecare sales up 38 percent in Q1
Canadian-based online retailer KITS Eyecare has announced a 38 percent year-on-year revenue increase to $27.7 million for Q1 2024. The company said that the growth was driven by an increase in eyeglasses shipments, up 46 percent to 67,000 pairs, and strong repeat customer revenue, which rose 19 percent to $16.6 ...
