Financial Results – Page 4
-
ArticleKering Eyewear posts 21 % comparable growth in Q2
French luxury group Kering has reported a 54 percent year-on-year revenue growth to €428 million in Q2 for its eyewear unit, Kering Eyewear. While scope expansion, with the integration of Maui Jim, and currency tailwinds were the main contributors to the revenue jump, the eyewear division sales also grew by ...
-
ArticleEssilorLuxottica maintains sales momentum in Q2, driven by optical portfolio
The EssilorLuxottica group confirmed in Q2 the high single-digit topline growth reported for the first quarter of this year, as well as a solid and stable operating margin for the first semester compared with H1 2022. The group stressed that, with the exception of its sunglasses business in the U.S., ...
-
ArticleFielmann launches proprietary online vision check tool, reports good H1 results
Reporting its preliminary results for the first half of 2023 earlier today, Fielmann Group announced that it would enhance its German e-commerce website next month with a new vision check tool based on a proprietary measurement technology. The new system willl allow users of fielmann.de to check online whether their ...
-
ArticleSpecsavers revenue up mid-single digit in 2022/23
In its just published annual review, Specsavers has reported total group revenue of £3.55 billion (€4.15 billion) for its 2022/23 fiscal year ended Feb. 28, up by 5.6 percent at constant exchange rates compared with the previous year. This marks a deceleration from the 24.9 percent sales increase reported in ...
-
ArticleSun Hing OEM unit hit by lower consumer demand in Western markets
OEM manufacturer Sun Hing Vision Group has reported a 19.6 percent year-on-year drop in revenue to 705 million Hong Kong dollars (€83 m) for its fiscal year ended March 31, 2023. The Hong Kong-based company explained that its business was severely hit last year by the economic crisis in the ...
-
ArticleAlain Afflelou banner posts 8% growth in Q3, Spain up double digits
The Afflelou Group has reported a 4.2 percent year-on-year increase in external sales to €220 million (see table) for its third quarter, ended April 30. On a like-for-like basis, they were up by 5.1 percent versus FY 2022. The company commented that the quarterly sales uptick reflected higher volumes rather ...
-
ArticleMitsui to increase MR output and bolster synergies with coating unit in FY 2023
Mitsui Chemicals has reported a 33 percent year-on-year increase in revenue to 258 billion Japanese yen (€1.7bn) in fiscal 2022 for its Life & Healthcare Solutions business, a unit that includes sales of vision care materials but also other product categories, such as agrochemicals and nonwovens. Operating margin for the ...
-
ArticleScreening and shared data at the core of TOPCON 2025 plan
Japanese-based equipment maker TOPCON has reported a strong growth in revenue and stable margins for its eye care division in its fiscal year ended March 31. The company also presented its mid-term business strategy and 2025 targets, with a strong focus on its screening and software businesses that are expected ...
-
ArticleRodenstock sales up 4 % last year on B.I.G. Vision lenses momentum
Rodenstock Group has reported €505 million in pro-forma sales for fiscal 2022, an increase of 4 percent on a like-for-like basis compared with the previous year. The lens company stressed that it could deliver robust results despite challenging macroeconomic conditions that led to a slowdown in growth pace in the ...
-
ArticleCooperCompanies upgrades outlook after solid Q2
CooperCompanies has reported a 6.4 percent year-on-year revenue increase to $589.3 million for its CooperVision unit in the second quarter of its fiscal year, ended April 30. The division topline was up by 10 percent at constant currencies and organically, marking its ninth consecutive quarter of double-digit growth, the company ...
-
ArticleJINS downgrades outlook, rethinks business model and supply chain
JINS HOLDINGS has downgraded its outlook for the current fiscal year ending next Aug. 31 after mixed results in the first half of the year, mostly due to lackluster sales on the Japan-based group’s domestic market. Sales in Japan grew by 2.4 percent year-on-year in H1 to 26,2 billion Japanese ...
-
ArticleSynsam eyewear subscription business underpins record Q1 sales gains
Synsam Group generated sales of 1,411 million Swedish crowns (€124.7m) in the three months ended March 31, up by 19.0 percent on the year earlier, marking the company’s highest first quarter growth ever and underpinned by a sharp rise in sales for its eyeglass subscription business. Organic sales growth was ...
-
ArticleParis Miki reports sales rebound and return to operating profit for 2022-23
Japanese-based retail group Paris Miki ended its fiscal 2022-23 year on a high note with total sales increasing by 9.2 percent year-on-year to 11,387 million Japanese yen (€76 m) in Q4 and sharply accelerating from the 4.9 percent growth reported for Q3. The rebound was equally shared between the company’s ...
-
ArticleMenicon driven by dailies, ortho-k, overseas and currencies in FY2022
Japanese-based contact lens maker Menicon has reported positive full year results for its fiscal year ended March 31, with a double-digit increase in group revenue versus 2021 and a slight improvement in operating profit margin. The overseas markets, notably in the orthokeratology segment, higher sales of daily disposable lenses in ...
-
ArticleGermany and prescription frames drove Mister Spex’ growth in Q1
Mister Spex has reported a 6 percent year-on-year increase in revenue to €51 million for the first quarter of 2023. The growth was fully attributable to Germany where sales grew by 12 percent to €38 million, thanks notably to the reallocation of marketing investments on the domestic market as part ...
-
ArticleHOYA Life Care unit posts strong sales and margin increases in Q4
HOYA Corporation has announced record-high quarterly revenue as the Japanese-based group’s topline progressed by 10 percent year-on-year to 185.8 billion yen (€1,264 m) in the last quarter of the financial year ended on March 31. In constant currencies, total sales were up by 3 percent. The overall revenue increase was ...
-
ArticleWarby Parker confirms 2023 guidance after Q1 sales jump 12%
Warby Parker posted revenues in the first quarter ended March 31 of $172.0 million, up by 12.2 percent compared to the year earlier and above a guidance range of $164 million to $167 million. Active customers in the period increased by 2.5 percent to 2.29 million, while average revenues per ...
-
ArticleGrowth in Europe and RoW offset declining U.S. sales for Safilo in Q1
Safilo Group has reported mixed results for the first quarter of 2023 as revenue increases in Europe and emerging markets were offset by declining sales in North America, the company’s largest market. Operating profits remained stable year-on-year. As shown in our table below, total quarterly revenue reached €287 million, down ...
-
ArticleGood year overall for Marcolin but debt cost dampens profitability, sales momentum confirmed in Q1
Following the announcement of its preliminary results at the end of March, the Marcolin group released more detailed information on its performance in the last year during its shareholders’ meeting at the end of last week. The company confirmed a 20.2 percent year-on-year jump in reported revenue to €547.3 million ...
-
ArticleFielmann draws path to 2025 revenue and profit targets
Along with the publication of positive Q1 results (see our other article), Marc Fielmann, CEO of the Fielmann Group, presented yesterday during a press conference the key figures for the retailer’s business in 2022, its outlook for 2023 and an update on its Vision 2025 strategic plan. As already reported ...
