EssilorLuxottica 1Q Revenue Rose; Backs Guidance

Date : 05/07/2019 @ 1:46PM
Source : Dow Jones News
Stock : EssilorLuxottica (ESLOY)
Quote : 75.23  0.32 (0.43%) @ 4:14AM
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EssilorLuxottica 1Q Revenue Rose; Backs Guidance

Essilorluxottica (EU:EL)
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   By Anthony Shevlin 
 

EssilorLuxottica SA (EL.FR) said Tuesday that revenue in the first quarter rose and backed its guidance for the year.

The company, which was created in October 2018 from the combination of France's optical-lens manufacturer Essilor and Italy's luxury eyewear maker Luxottica, said revenue was 4.21 billion euros ($4.71 billion) compared with a pro forma figure of EUR3.92 billion the year previous.

Revenue rose 7.5% on a reported basis and 3.7% at constant currencies, the company said.

EssilorLuxottica backed its guidance for 2019 and expects sales growth of between 3.5% and 5%.

 

Write to Anthony Shevlin at anthony.shevlin@dowjones.com; @anthony_shevlin

 

(END) Dow Jones Newswires

May 07, 2019 01:31 ET (05:31 GMT)

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