Financial Results – Page 2
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ArticleSustained eye care sales growth and IT unit rebound for HOYA in Q3
HOYA CORPORATION has reported another quarter of solid growth in its Life Care business unit, as total revenue went up by 12 percent year-on-year to 133.5 billion Japanese yen (€842m) in reported terms for the quarter ended Dec. 31, 2023. At constant exchange rates, Life Care increased by 6 percent ...
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ArticleInspecs posts mixed results for 2023, resumes acquisitions strategy
Releasing a trading update for 2023, UK-based Inspecs Group has reported margin improvements on flattish year-on-year sales for last year (£200.3m, €234.9m). On a constant-currency basis, the group’s topline declined by 1.6 percent versus 2022, which the company attributed to softer trading in December. This apparently more than offset the ...
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ArticleJohnson & Johnson Q4 contact lens sales rise 7.9%
Johnson & Johnson’s global sales of contact lenses in the fourth quarter ended Dec. 31 grew by a reported 6.1 percent to $882 million. Sales at constant currency rates increased by 7.9 percent, with growth driven by price actions and the continued strong performance of the Acuvue Oasys 1-Day family ...
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ArticleKaneko mother company posts very strong 9-month results
Japan Eyewear Holdings (JEH), mother company of the Kaneko Optical and Four Nines (or 999.9) brands, published its quarterly financial results in December last year and for the first time since its IPO on the Tokyo Stock Exchange in November. For the third quarter alone, sales jumped by 33.6 percent ...
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ArticleZEISS Consumer Markets unit up 5% in fiscal year, group topline over €10 bn
ZEISS Group has reported record revenue of €10.1 billion for the fiscal year ended Sept. 30, up by 15 percent compared with 2021/22 and over the symbolic €10 bn mark for the first time. As shown in the table below, the group’s growth was largely driven by its semiconductor business ...
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ArticleMitsui aims to boost its Life & Healthcare business’ profits by 2030
During its Vision 2030 business strategy presentation held earlier this week, Mitsui Chemicals has announced that it was planning to increase the operating profit of its Life & Healthcare Solutions division from 36 billion Japanese yen (€229 m) in the current fiscal year to ¥65 billion (€413 m) in fiscal ...
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ArticleDouble-digit sales growth but lower margin in full year for Carl Zeiss Meditec
Carl Zeiss Meditec has reported a 9.8 percent year-on-year increase in revenue to €2,089 for its full fiscal year ended Sept. 30. In constant currencies, the topline was up by 10.1 percent with market share gains in both business units - ophthalmic devices and microsurgery. The company stressed that it ...
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ArticleCooperVision slowed down by production capacity limitations
CooperCompanies has reported an 11 percent year-on-year revenue increase to $622.9 million for its CooperVision division in the last quarter of its 2023 fiscal year ended Sept. 30. Quarterly sales of contact lenses were up by 9 percent at constant exchange rates and by 11 percent organically compared with Q4 ...
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ArticleAfflelou Group ends fiscal year on a strong Q4
Afflelou Group ended its fiscal year with a strong fourth quarter as network sales grew by 8.1 percent year-on-year to €232.9 million, accelerating from the 4.2 percent growth reported in the previous quarter. The uptick was particularly noticeable in France as sales grew by 7.3 percent year-on-year in Q4, compared ...
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ArticleSynsam improves margins, expands EyeView roll out
For the first time since the company went public in October 2021, Synsam Group fell short of reporting a double-digit increase in quarterly sales, however not by much as the group’s topline grew by 9.9 percent year-on-year to 1,450 million Swedish crowns (€127m) in Q3. While this confirms the company’s ...
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ArticleNational Vision moves to offset Walmart divorce impact, on track to meet FY guidance
National Vision announced steps to offset the impact on profits of the previously announced end of its partnership with retailing giant Walmart next year, as it released third-quarter results showing it remains on track to meet full-year guidance despite a macroeconomic environment described as “challenging”. Starting in 2024, the company ...
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ArticleWarby Parker sees sales growth slowing after 14% jump in Q3
Warby Parker sees sales growth moderating to 8-10 percent in the fourth quarter of 2023 after revenues in the third quarter jumped by 14.2 percent compared to the year earlier to reach $169.8 million and comfortably beat management’s guidance of 9.5-11 percent growth. Dave Gilboa, co-CEO, told analysts in a ...
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ArticleMarcolin sees Q3 sales slip 10%, bolsters house brands with ic! berlin buy
Marcolin slipped into contraction territory in the third quarter, with sales in the period declining by 10.4 percent to €113 million as the group highlighted weakness in the Americas region and a “global context marked by complex socio-political and economic scenarios”. The sales decline came after a second quarter in ...
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ArticleMister Spex posts mixed Q3 results
Mister Spex has reported a significant drop in revenue growth pace for the third quarter of its fiscal year as continued depressed consumer sentiment and unfavorable weather conditions negatively impacted its business. The company however stressed that it was continuing to outperform the market and to deliver on its ...
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ArticleFielmann reports strong Q3, launches eye health services
Fielmann Group has announced a 12.2 percent year-on-year increase in external sales to €602 million including VAT for the third quarter of 2023, in line with the 13 percent growth reported earlier for the first half of the year. In volume, however, Q3 sales increased by a more modest 2.2 ...
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ArticleSmith rebound cushions Safilo’s Q3 revenue decline
The Safilo Group has reported a second consecutive quarter of topline decline as total Q3 revenue dropped by 9.8 percent year-on-year to €260.4 million, with sales declining both in North America and Europe that together account for over 80 percent of sales. Aside from strong currency headwinds, the company attributed ...
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ArticleHOYA lens growth driven by international markets and MiYOSMART in Q2
HOYA CORPORATION has reported a 2.5 percent year-on-year increase in Q2 group revenue to 188.7 billion Japanese yen (€1,182m) as the solid growth of its Life Care business unit and currency tailwinds offset another steep decline in the IT division’s quarterly sales. At constant rates, the Japanese group’s topline was ...
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ArticleKering Eyewear fueled by Maui Jim in Q3 as comparable growth drops
Kering Eyewear was again the best-performing unit of Kering in the third quarter of this year, and the only one that posted a sales increase, as the French luxury group’s fashion brands were severely hit by the general slowdown in the global luxury market, particularly in Europe and North America. ...
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ArticleEssilux reports Q3 slowdown, opens new Thai mega plant
EssilorLuxottica has reported a 1.6 percent year-on-year decrease in Q3 revenue to €6,294 million as the relative weakness of its sun retail business spread beyond the North American market and Asia-Pacific provided a tougher comparison base in the period. In constant currencies, the group’s top line however increased by 5.2 ...
