All Financial results articles – Page 7
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News briefs
Alcon Q4 contact lens sales grow 10% on product innovation, price increases
Alcon reported sales of contact lenses of $638 million in the fourth quarter ended Dec. 31, a 10 percent increase that was driven by demand for innovative products, including its toric and multifocal lens modalities, and price increases. On a constant-currency basis, sales rose by 11 percent. Full-year contact lens ...
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ArticleMitsui builds new MR factory to tap growing high-index lens demand
Mitsui Chemicals’ Life & Healthcare division revenue increased by 9.4 percent for the first nine months of fiscal 2024/25 to 206.6 billion Japanese yen (€1.3bn), accelerating slightly in Q3. The business unit includes Mitsui’s ophthalmic lens materials, but also other product categories such as agrochemicals or nonwovens. The company does ...
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ArticleSynsam posts double-digit Q4 growth, hits record Ebit in full year
The Nordic retail group’s performance was again driven by its spectacles subscription plans whose annual sales increased by 13 percent year on year to account for 53 percent of total group revenue.
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Paris Miki revenue down in Q3 as prescription eyewear volumes decline
Paris Miki’s revenue inched down by 0.6 percent year-on-year to 12,610 million Japanese yen (€79.8m) in the third quarter of fiscal 2024/25. Domestic sales, which account for approximately 90 percent of the Japanese-based retailer were down by 0.5 percent in reported terms and by 2.1 percent on a comparable-store basis. ...
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ArticleBausch + Lomb sees double-digit contact lens sales growth, developing biomimetic lens
Bausch + Lomb reported contact lens sales of $247 million in the fourth quarter of 2024, up by 11 percent compared to the year earlier and 13 percent higher at constant currency rates. Growth was driven by the continued strength of its daily disposable silicone hydrogel contact lenses and was ...
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ArticleMenicon modest Q3 growth driven by price revisions
Sales of one-day and monthly contact lenses, as well as lens care products were up mid-single digit, but ortho-k sales dropped in the quarter as competition intensifies in a stagnant Chinese market.
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News briefs
Carl Zeiss Meditec Q1 revenue slightly up thanks to DORC integration
Carl Zeiss Meditec’s fiscal 2024/25 Q1 revenue amounted to €490.5 million, up by 3.3 percent at constant exchange rates versus 2023/24. However, quarterly sales declined by 7.3 percent year-on-year after adjusting for currency and acquisition effects, which the company said was expected. In constant currencies, revenue from the Ophthalmology business ...
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ArticleEssilux to ramp up Ray-Ban Meta annual capacity to 10m pairs
Product innovations by EssilorLuxottica, most notably Ray-Ban Meta and to a lesser extent Nuance Audio, were the main focus point during the group’s financial results presentation yesterday. They were also very much at the center of questions by investors in the Q & A session during which Francesco Milleri, Chairman ...
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ArticleEssilorLuxottica ends solid year with Q4 acceleration
Sales were up by 9 percent in the last quarter of 2024 as Ray-Ban Meta, Supreme and a Sunglass rebound provided additional momentum, on top of the group’s usual growth drivers.
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ArticleKering Eyewear reports solid Q4, outperforms group in annual revenue growth and profitability
Kering Eyewear sales were up by 7 percent in Q4 2024 and by 6 percent in the full year. Profitability sligthly declined, mostly due to marketing investments, but was higher than for the whole group.
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Topcon reports flattish sales and reduced margins for Eye Care unit
Topcon Corporation has reported a 5.2 percent increase in revenue to 57.0 billion Japanese yen (€362m) for its Eye Care business division in the first nine months of fiscal 2024/25. At constant rates, however, the unit’s topline remained flat versus 2023/24. On the same currency-neutral basis, EMEA sales inched up ...
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ArticleDe Rigo sales rise 7% as high-end brands shine
De Rigo Group generated consolidated sales of €536.8 million in 2024, up by a reported 6.8 percent compared to 2023, in a year marked by organic growth and the strong showing of high-end brands. Amid currency headwinds, sales at constant foreign exchange rates rose by10.4 percent. Maurizio Dessolis, executive vice ...
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ArticleHoya reports 5% Health Care Q3 sales uptick, starts myopia control lens trial in the US
HOYA Corporation has reported a 4.4 percent year-on-year increase in Q3 revenue to 139.4 billion Japanese yen (€875m) for its Life Care Business unit, of which the Health Care category (eyeglasses lenses and contact lenses) is the main component. At constant currencies, the division’s topline was up by 2.2 percent ...
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Meta Reality Labs losses expected to keep piling up as group pushes for AI glasses
Meta has reported a 13.2 percent year-on-year revenue increase to $2.1 billion for its Reality Labs division, which includes the group’s Metaverse and Wearables categories, in fiscal 2024. The Meta Ray-Ban smart glasses are part of Wearables, but the company is only disclosing revenue information for the Reality Labs unit ...
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Mister Spex H2 sales sharply down despite solid increase in prescription eyewear order value
Mister Spex’s full-year preliminary results show that total revenue declined by approximately 3 percent to €216 million, which the group ascribed primarily to its international stores closures and its decision to significantly reduce discounts across the board. In contrast to the first half of the year, when sales in Germany ...
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Inspecs FY2024 sales slightly down despite H2 rebound
Announcing preliminary results, Inspecs Group has reported a 5.9 percent year-on-year uptick in H2 revenue to £97.5 million (€116.6m) thanks notably to a strong performance by its Eschenbach Optics division in both the US and Europe. The positive half-year performance fell just short of fully offsetting the sales decline reported ...
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ArticleSafilo topline slipped below the €1bn mark in 2024, but margins slightly improved
Reporting preliminary financial results, Safilo Group has announced that its Q4 2024 revenue decreased by 1.6 percent at current rates and by 1.1 percent at constant rates, amounting to approximately €235 million, according to our calculations. The company pointed out that, excluding the residual effect of the Jimmy Choo license ...
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News briefs
Johnson & Johnson Q4 contact lens sales rise 6.3%
Johnson & Johnson reported contact lens sales of $937 million in the fourth quarter of 2024, up by a reported 6.3 percent compared to the year earlier and 7.4 percent higher at constant-currency rates. Growth was driven by trade inventory dynamics, price actions, the continued strong performance of the Acuvue ...
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ArticleNational Vision reports improved performance in Q4, reshuffles top management
Sales were up by 3.8 percent in Q4 and in the full year. Adjusted profit ratios are expected to be in line with last revised outlook.
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JINS maintains double-digit sales growth in Q1
JINS Holdings has reported a 15.9 percent year-on-year increase in revenue to 21,056 million Japanese yen (€129.6m) for the three-month period ended Nov. 30, 2024 (Q1), roughly in line with its growth pace in the past fiscal year but slightly decelerating from the previous quarter. Domestic sales outperformed, growing by ...
