All Financial results articles – Page 8
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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.
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ArticleiVision Tech parent company’s eyewear business sales jump 28% in Q3
Italian eyewear supplier iVision Tech said its parent company posted revenues of €7.6 million in the first nine months of 2024, up by 27.6 percent compared to the year earlier on a like-for-like basis that considers solely its eyewear business. On a reported basis, revenues were up by 4.3 percent ...
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ArticleSolid but slower revenue growth and pressured margins for Synsam in Q3
The leading optical retailer in the Nordics posted a 7 percent revenue increase in Q3, but customer sentiment, competition and an acceleration in its store openings program pressured margins in Q3.
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ArticleZoff first public financial results show double-digit growth pace and higher margins
Reporting its financial results for the first time since its Initial Public Offering (IPO) last month, Japan-based retail group Zoff has announced a 11.8 percent year-on-year hike in revenue to 33.6 billion Japanese yen (€255.5m) for the first nine months of fiscal 2024. For the third quarter alone, total sales ...
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News briefs
Menicon H1 sales up 6.1%, driven by dailies and Japan
Menicon H1vision care sales amounted to 56.3 billion Japanese yen (€346m), up by 6.1 percent year-on-year and slightly slowing down from Q1 (+7.9 percent). The topline increase was mostly driven by a 9.5 percent growth in the daily contact lenses segment, which now accounts for close to 30 percent of ...
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News briefs
Vuzix remains deep in the red, announces “pivotal” CES 2025 moment
Smart eyewear manufacturer Vuzix has announced a total revenue of $1.4 million for Q3 2024, down from $2.2 million in the previous year. Sales of smart glasses products and of engineering services declined by 28 percent and 51 percent, respectively, versus 2023. Net loss for the quarter was $9.2 million, ...
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ArticleMister Spex new management hails rebranding initial results in “transition quarter”
Group revenue was down by 3 percent in Q3 but sales were slightly up in Germany and in the key prescription glasses’ product category.
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News briefs
Alcon sees contact lens sales rise 8% in Q3
Alcon reported contact lens sales of $664 million in the third quarter ended Sept. 30, up by 8 percent both on a reported and constant-currency basis, as top line growth continued to be driven by product innovation, including for toric and multifocal models, and by price increases. Alcon’s vision care ...
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News briefs
Mitsui confirms rebound in vision care materials sales
Mitsui Chemicals has announced a 16.0 percent year-on-year jump in revenue to 138.1 billion Japanese yen for its Life & Healthcare unit for the first half of its fiscal year ending March 2025, roughly in line with its growth pace in Q1. The business unit comprises the Japanese group’s vision ...
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ArticleLenskart close to break-even as revenue jumps 43% in FY2024
According to The Economic Times and several other Indian business news organizations, optical retail group Lenskart has reported a 43 percent year-on-year jump in operating revenue to Rs 5,610 crore (€625m) for its 2024 fiscal year, ended at the end of March. The group had roughly doubled its sales in ...
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ArticleWarby Parker raises guidance again as sales momentum continues
Warby Parker raised its full-year guidance for revenues and adjusted Ebitda as sales momentum continued in the third quarter and the start of the fourth. Third-quarter revenues increased by 13.3 percent year over year to reach $192.4 million, in line with the growth rate seen in the previous quarter and ...
