All Financial results articles – Page 7
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ArticleSafilo returns to growth in Q1, details supply chain adjustments
Sales increased at a low-single digit pace in Q1 in both North America and Europe. Gross profit and adjusted EBITDA margins also inched up. During the results presentation, the company’s management detailed its US tariff mitigation strategy.
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Kits Eyecare posts record revenue and adjusted margin in Q1
Kits Eyecare Q1 amounted to a record 46.6 million Canadian dollars (€29.7m), up by 34.0 percent year-on-year, the Canadian-based e-commerce company has announced. The number of two-year active customers grew by 8.7 percent versus Q1 2024 to 946,000. Price-mix effects significantly contributed to the fast topline growth as the average ...
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ArticleHOYA reports positive Q4 results, discusses general strategy, US tariffs
The group’s eyeglass lens and contact lens sales were up by 5 percent in Q4 and by 4 percent in the full year compared to fiscal 2023-24. The Life Care’s segment profitability improved significantly in Q4 after it dipped in previous quarters as the company prioritized sales recovery following the severe IT incident at the start of the fiscal year.
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Bausch + Lomb Q1 contact lens sales inch up 3%
Bausch + Lomb said it generated contact lens sales of $236 million in the first quarter of 2025, up by a reported three percent compared to the year earlier and five percent higher at constant currency rates, with growth led by its daily disposable silicone hydrogel and ULTRA monthly contact ...
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ArticleFielmann Group share price jumps on strong Q1 and FY2025 outlook
It was a busy trading day on the eve of May Day at the Frankfurt stock exchange for Fielmann Group shares, whose price jumped by 13 percent on the previous day, while trading volumes, which had been hovering at around 40,000 shares in the previous days jumped six-fold to 264,000. ...
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ArticleKering Eyewear revenue growth slows down to 2% in Q1
Kering Eyewear was again a rare bright spot in the results presented earlier this week by French luxury group Kering for the first quarter of 2025. The eyewear unit’s sales were up by 3 percent year-on-year to €476 million or by 2 percent on a comparable basis. However, this marks ...
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ArticleEssilorLuxottica adds price hikes to US tariffs mitigation arsenal, reports strong Q1 performance
The industry leader is planning to increase its prices in the US but mostly counts on its ongoing supply chain diversification and innovation and M&A pipelines to mitigate the impact of US tariffs. Q1 revenue was up by 8 percent at constant rates, driven by the DTC division.
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Johnson & Johnson sales inch up in Q1 despite a slight dip in international markets
Johnson & Johnson generated contact lens sales of $919 million in the first quarter of 2025, up by a reported 1.0 percent compared to the year earlier and 2.7 percent higher at constant-currency rates. Growth was driven by continued strategic price actions and a strong performance in the Acuvue-Oasys 1-Day ...
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Higher than expected rebound for Carl Zeiss Meditec in Q2
Carl Zeiss Meditec has announced better than expected results for the quarter ended March 31 (Q2) as sales jumped by 19 percent year-on-year to €560 million based on preliminary data. The strong growth was driven by Dutch Ophthalmic Research Center (DORC), a business acquired last year and integrated from April ...
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Weak sales for LVMH in Q1
LVMH has reported a 2 percent year-on-year decline in Q1 revenue to €20.3 billion. On an organic basis, sales declined by 3 percent, dragged down by the Wines & Spirits (-8%) and the Fashion & Leather Goods (-8%) segments. By region, Europe was the only growing market in the quarter ...
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JINS H1 revenue up 18%, driven partly by inbound tourism
Jins Holdings has reported a 17.9 percent year-on-year increase in H1 revenue to 44.8 billion Japanese yen (€276m). The strong performance was driven by a 20.2 percent jump in domestic sales to ¥34.8 billion (€214m), while the international segment grew by 10.7 percent. The Japan-based company said that the sharp ...
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ArticleEuropean market softness weighs on Inspecs FY2024 results
Slightly correcting preliminary results communicated at the end of January, INSPECS Group has announced that its revenue amounted to £198.3 million (€228.8m) in fiscal 2024, down by 2.5 percent year over year. In constant currencies, the group’s topline was flat versus FY 2023. As shown in our table below, sales ...
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Titan eye care retail business up 5% in 2024
Titan Company, an Indian retail group operating over 2,000 stores across different sectors, has reported revenues of Rs724 crore (€75m) for its eyecare division in fiscal 2024, up by 5.1 percent from the previous year. The Ebit margin was down by 2.5 percentage points to 11.7 percent. International brand sales ...
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ArticleConant Optical revenue and profit up sharply in 2024 on volume and price mix effects
Annual sales were up by 18 percent to RMB 2,061 million. The company is investing into increasing production capacities and smart eyewear lens R&D.
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ArticleMarcolin improves margins on slightly declining sales
Announcing preliminary results ahead of its general assembly scheduled for April 7, Marcolin has reported that its total sales declined by 2.2 percent year on year to €545.8 million. At constant exchange rates, revenue was down by 1.8 percent, but it was up by 2.1 percent on a like-for-like basis ...
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ArticleMister Spex expects discount detox and repositioning to start paying off in 2025
Revenue declined by 3 percent in 2024, including a double-digit drop in Germany in Q4. Turning around the business turnaround will take time as the group expects a 5-10 percent sales decline and an improving but still largely negative EBIT margin in FY 2025.
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Innovative Eyewear revenue jumps 42% but bottom line dips further into red ink
Innovative Eyewear, a Florida-based smart eyewear company, has reported a 42 percent year-on-year jump in revenue to $1.6 million in fiscal 2024. The company, which develops audio and AI smart glasses under its own Lucyd brand and licences (Nautica, Eddie Bauer), said that the performance was driven by strong volume ...
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ArticleFrance drove Q2 revenue 3% uptick for Afflelou but Spain grew at a faster pace
Afflelou Group has reported total network sales for the second quarter of its 2025 fiscal year that have increased by 3.3 percent to €238.8 million, indicating a deceleration from the previous quarter (+5.8 percent). For the first six months of the year, total sales were up by 4.5 percent to ...
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News briefsMicrooled, Quanta and STM partner on AR sports smart glasses blanks
Three companies have come together to produce blanks for augmented-reality (AR) smart glasses. Their idea is to produce a frame with built-in electronics but leave the rest open for third parties to “customize” with their own services or additional tiny devices. They’re calling it a “reference design” and aiming it ...
