All Financial results articles – Page 8
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News briefs
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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News briefs
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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News briefs
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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News briefs
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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News briefs
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 ...
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News briefs
Afflelou network sales up 6% in Q1
The Afflelou group has reported a 5.8 percent year-on-year increase in network sales to €229.7 million for the first quarter of its 2025 fiscal year, slightly accelerating from the previous quarter (+5.1 percent). Sales were up by 5.0 percent to €171.7 million in France, by 6.4 percent in Spain and ...
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ArticleZEISS Group reports 8% revenue hike but lower margins for fiscal 2023/24
The German group revenue uptick was largely driven by its semiconductor business as all other segments slowed down.
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ArticleHow brick-and-mortar focus and vertical integration are driving JEH profitability
Upgrading its full-year outlook, the Japan-based retail group is now forecasting a 19 percent topline growth and a 31 percent operating margin. We ask JEH’s CFO about the drivers behind the group’s fast growth.
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ArticleCarl Zeiss Meditec posts revenue and margin declines for fiscal 2023/24
Carl Zeiss Meditec has reported revenue of €2,066.1 million for its 2023/24 fiscal year, down by 1.1 percent in reported terms versus 2022/23. In constant currencies and adjusted from the effects of the acquisition of DORC, a company specializing in retinal surgery, total sales declined by 4.8 percent. Sales from ...
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ArticleSun Hing loss widens in H1 despite solid ODM sales
The Hong Kong-based manufacturer stressed that lower selling prices and keen competition weighed on the profitability of its core ODM unit.
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News briefs
Inspecs H2 rebound weaker than expected
Inspecs Group has announced in a trading update that the group revenue for fiscal 2024 would amount to approximately £197 million (€238m), down by 3.1 percent in reported terms and by 0.6 percent at constant exchange rates. However, the full-year outlook marks an improvement from the 5.2 percent decline in ...
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ArticleCooperVision forecasts further market share gains in FY 2025
CooperCompanies has announced a 9 percent year-on-year increase in Q4 revenue to $676.4 million for CooperVision, in line with the growth pace reported for the previous quarter. By category, quarterly sales of toric and multifocal contact lenses grew by 9 percent versus Q4 2023, while spherical contact lenses were up ...
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ArticleThe Americas and Europe keep driving TOG’s sales growth
The Thai-based lens maker was up by 9.9 percent year-on-year in Q3 2024, driven by the Americas (+38.1 percent) and Europe (+15.8 percent). However, the solid sales momentum since the start of this year has yet to yield profitability improvements.
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News briefs
Lower income on higher sales for Paris Miki in Q2
Japan-based retail group Paris Miki has reported a 3.6 percent increase in revenue to 26.1 billion Japanese yen (€162m) for the second quarter of its fiscal 2025 year. The topline uptick was driven by the company’s domestic market, where Q2 sales were up by 4.2 percent to ¥23.2 billion (€144m), ...
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ArticleAlain Afflelou posts revenue and margin upticks for FY2024 but debt swells further
The Alain Afflelou group has reported a 5.1 percent year-on-year increase in network sales and profitability improvements in fiscal 2024. However, the group’s net debt increased further.
