Luxottica’s sales disappoint but margins are resilient

Luxottica posted a 4.2 percent increase in first-half sales to €4,917 million, missing market expectations by about €40 million. At constant currency rates, the top line rose by 1.8 percent. On the other hand, the group's adjusted operating margin widened to 18.3 percent from 18.2 percent a year earlier. At ...

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