All Financial results articles – Page 7
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ArticleJEH forecasts 68% revenue growth by 2030 after strong FY 2025
FY 2024/25 revenue was up by 23 percent to ¥16.6 billion (€103.4m) while operating margin rose sharply, reaching 32.0 percent.
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ArticleVuzix beefs up capacity and tech in anticipation of expected smart eyewear takeoff
The production ramp-up was mostly financed through Quanta Computer’s investment in the company. Meanwhile, net losses for the year rose to $73 million, raising the company’s accumulated deficit to $367 million.
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ArticleSafilo confirms FY 2024 results, provides more details on segment and regional performance
The Italian eyewear group revenue slipped slightly below the €1 billion mark in 2024, dragged down by its American business and the sunglasses and sport segments. Margins improved, however, thanks notably to a leaner industrial structure.
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ArticleCooperVision posts 6% Q1 revenue growth, driven by the Americas amid EMEA and APAC slowdown
The company is maintaining its guidance for a 6.5-8.5 percent sales growth in contact lenses sales as production capacity increase plans are ahead of schedule and expected to pay off in coming months.
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ArticleKits Eyecare posts strong sales growth and higher margins for Q4 and FY
Kits Eyecare ended fiscal 2024 with a strong Q4 as quarterly sales jumped by 41.3 percent year on year to 44.8 million Canadian dollars (€28.9m), accelerating from the previous quarter (+34.0 percent). The company said that the quarter was marked by multiple record-breaking weeks – including a C$4.3 million (€2.8m) ...
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ArticleFielmann 2024 sales up 15% on organic growth and US add-on, margins also up
The German-based retail group’s total sales reached €2.3 billion last year, with US acquisitions and organic growth equally contributing to the double-digit uptick. An improved sales mix also helped to deliver higher margins.
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ArticleTOG sales inch up in Q4, solid FY growth driven by Americas, RX business
Thai Optical Group (TOG) Q4 revenue inched up by 1.4 percent year-on-year to 842 million Thai baht (€23.6m), slowing down sharply from the previous quarter and the first nine months of fiscal 2024. The quarterly growth was almost fully attributable to the Americas market where sales increased by 12.9 percent ...
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ArticleWarby Parker expects sales momentum to continue, unveils Target partnership
Warby Parker is looking for its sales growth momentum to continue in 2025, as it targets a further 14-16 percent increase in its top line and 45 new store openings, including five shop-in-shop stores at Target that will make their debut in the second half of the year as part ...
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ArticleNational Vision remains in the red in Q4, aims for more managed care business
Sales from continuing operations were up by 3.9 percent versus 2023 to $437 million in Q4, but operating losses widened.
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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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ArticleZoff sales and margins significantly up in FY24
Total revenue increased at a double-digit pace in 2024, thanks to new store openings, higher volumes and a more favorable price mix.
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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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News briefs
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.
