Financial Highlights 2014. net sales (millions of euro) gross profit (millions of euro) 2014 net sales by geographic area. By closing this banner, scrolling this page, clicking on a link or continuing browsing in any other way, you will agree to use of the cookies. _________________________ Notes : (1) These consolidated adjusted amounts are a non-GAAP measurement. Luxottica bought Oakley for $2 billion in June. Dollars per Euro) (1.2435) (1.1307) (2) Weighted average number of outstanding shares (448,275,028) (448,664,413) (3) Fully diluted average number of shares (450,360,942) (450,202,173) (4) Except earnings per share (ADS), which are expressed in Euro and U.S. BOARD OF DIRECTORS See table above for a reconciliation of the operating measures excluding the impact of fluctuations in currency exchange rates to their most directly comparable U.S. GAAP financial measures. This result included a total consideration of approximately €600 million for the Cole National acquisition as well as €95.5 million in dividend paid. 5 The ratio of net debt to EBITDA is not a measure of performance under accounting principles generally accepted in the United States (U.S. GAAP). The figure is about the latest fiscal year available. 4 Comparable store sales are intended as sales that, for comparison purposes, are normalized by using in the calculation only stores open during the comparable period the previous year, the same exchange rates and the same consolidation area. These non-GAAP measures are not meant to be considered in isolation or as a substitute for results prepared in accordance with U.S. GAAP. Créteil, People, the real driving force of Luxottica, The responsible management of the supply chain, Procedure for related parties transactions, Procedure for the management of the Inside Information, Wholesale sales: €1,094.3 million (+10.0%), Luxottica Group Net Sales for Fiscal Year 2004 Up Year-Over-Year by 14.1 percent, INCOME BEFORE MINORITY INTEREST IN INCOME OF CONSOLIDATED SUBSIDIARIES, 455,205,473 ORDINARY SHARES AUTHORIZED AND, Retail sales: €2,315.8 million (+15.7%); Retail comparable store sales, Retail operating income: €310.3 million (+15.0%); Retail Operating margin: 13.4%, Wholesale operating income: €233.1 million (+22.0%); Wholesale operating margin: 21.3%, Retail sales: €730.1 million (+37.3%); Retail comparable store sales, Wholesale sales: €258.2 million (+16.7%), Retail operating income: €74.4 million (+25.0%); Retail operating margin: 10.2%, Wholesale operating income: €45.4 million (+20.6%); Wholesale operating margin: 17.6%. In addition, since the Luxottica Group has historically reported such adjusted financial measures to the investement community, the Company believes that their inclusion provides consistency in its financial reporting. For fiscal 2004, Luxottica Group posted net sales and net income respectively of €3,223.9 and €286.9 million. This information does not purport to be indicative of the actual result that would have been achieved had the OPSM Group acquisition been completed as of January 1, 2003, and the Cole National acquisition been completed as of October 4, 2003. The company has included this measurement to give comparative information for the two periods discussed, aligning the consolidation periods of OPSM Group and Cole National for both years 2003 and 2004. Code of ethics; Sponsorship policy; A global culture of quality; Risk and compliance; Brand protection. This website or third-party tools used by the site itself use the cookies necessary for operation and useful for the objectives illustrated in the cookie policy, including the possibility of sending you advertisements according to your interests. This result is attributable to both the Wholesale and Retail Divisions’ performance and is evidence of the Group’s determination in pursuing growth in each and every quarter. If you want to know more or refuse consent to all or some of the cookies, consult the cookie policy. Milan, January 19, 2018 - Luxottica Group S.p.A. (MTA: LUX), a leader in the design, manufacture, distribution and sale of fashion, luxury and sports eyewear, issued today the following financial calendar for fiscal year 2018: BOARD OF DIRECTORS Monday, January 29, 2018 Trading update for the twelve-month period ended December 31, 2017 Monday, February 26, 2018 Consolidated operating income (millions of euro) net income (millions of euro) The lines manufactured by Luxottica Group include over 2,450 styles in a wide array of colors and sizes and are sold through 21 wholly-owned subsidiaries in the United States, Canada, Italy, France, Spain, Portugal, Sweden, Germany, the United Kingdom, Brazil, Switzerland, Mexico, Belgium, Argentina, South Africa, Finland, Austria, Norway, Japan, Australia and Poland; one 75%-owned subsidiary in Israel; a 70%-owned subsidiary in Greece; three 51%-owned subsidiaries in the Netherlands, Turkey and Singapore, one 49%-owned subsidiary in the United Arab Emirates and one 44%-owned subsidiary in India. ‘I’m having a hard time understanding how earning over $200,000 a year is too much to qualify for a decent stimulus check’ 8:30a China’s stock market just jumped 6%. Dollars, respectively, _________________________ Notes : (2004) (2003) (1) Average exchange rate (in U.S. €802 million. As of today, all is on track with no surprises.”. ... Luxottica Group’s first line is still the one that best conveys the experience and tradition that are its essence. Luxottica's shared value approach; People, the real driving force of Luxottica; The safety culture; The responsible management of the supply chain; Protecting The Environment. It is based in Milan, Italy.. As a vertically integrated company, Luxottica designs, manufactures, distributes and retails its eyewear brands, including LensCrafters, Sunglass Hut, Apex by Sunglass Hut, Pearle Vision, Target Optical, Eyemed vision care plan, and Glasses.com. For more information about BLACK-OUT PERIODS, COPYRIGHT ©2020 LUXOTTICA GROUP P.IVA 10182640150 / All Rights ReservedSubject to direction and coordination activity by EssilorLuxottica S.A. – 712 049 618 R.C.S. Luxottica Group S.p.A. is an Italian eyewear conglomerate and the world's largest company in the eyewear industry. Luxottica’s 2014 financial performance confirms the Company’s ability to continuously pursue growth while making key strategic and organizational decisions in a timely manner. This is the vision that inspires Luxottica’s sustainable business approach and is an integral part of the Group’s strategy. Luxottica’s 2015 financial performance confirms the Company’s ability to continuously pursue growth while achieving key strategic and organizational goals. Luxottica to confirm outlook for fiscal year 2008 26 Jun 2008 - 02:42 PM Milan, Italy – June 26, 2008 - Luxottica Group S.p.A. (NYSE: LUX; MTA: LUX), a global leader in the design, manufacturing and distribution of premium fashion and luxury eyewear, today will confirm during an investor conference call its previously announced financial outlook for fiscal year 2008. Milan, January 30, 2019 – Luxottica Group S.p.A. (MTA: LUX), a leader in the design, manufacture, distribution and sale of fashion, luxury and sports eyewear, issued today the following financial calendar for fiscal year 2019.The following takes into account the fact that - as already announced on January 22, 2019 - pursuant to art. Andrea Guerra, chief executive officer of Luxottica Group, commented: “This was a particularly strong year for our entire organization, both in retail and wholesale. Here a crucial point related to the US Fiscal year, i.e., Prior to 1976, the fiscal year started from July 1 and ended on Jun 30 of the next calendar year. Alessandro Pozzi: “The reception to future digital events remains promising with 90% of our clients keen to participate” In this guest column, Luxottica Group Global Channels Director Alessandro Pozzi reflects on the team’s experience at the inaugural … The adjusted financial measures should be used as a supplement to U.S. GAAP results to assist the reader in better understanding the operational performance of the Company, COPYRIGHT ©2020 LUXOTTICA GROUP P.IVA 10182640150 / All Rights ReservedSubject to direction and coordination activity by EssilorLuxottica S.A. – 712 049 618 R.C.S. This page provides a brief financial summary of Luxottica Group SpA as well as the most significant critical numbers from each of its financial reports. Sales fell 1.7 percent at retail stores open at least a year, reflecting Luxottica’s exposure in the United States. Operating measures that assume constant exchange rates between the whole year 2004 and the whole year 2003 and the fourth quarter of 2004 and the fourth quarter of 2003 are calculated using for each currency the average exchange rate for the whole year and the three-month period ended December 31, 2003. By Bloomberg News. See notes to attached tables for more information, _________________________ Notes : (2004) (2003) (1) Average exchange rate (in U.S. The Company’s total net sales amounted to over Euro 7.6 billion, net income was Euro 642.6 million and headcount as of year-end was 77,734 employees. The fiscal year is expressed by stating the year-end date. As announced on February 15, 2005, Luxottica Group posted, in accordance with U.S. GAAP, the following results for fiscal year 2004: Consolidated net sales of €3,223.9 million; Consolidated operating income of €492.8 million; People at Luxottica don't wait to adapt to the fast-paced changes but are always ready to anticipate the future matters while making effective decisions. Such statements involve risks, uncertainties and other factors that could cause actual results to differ materially from those which are anticipated. Based in Milan, Luxottica turned 50 last year and is the leader in a fragmented industry. A fiscal year-end is usually the end of any quarter, such as March 31, June 30, September 30, or December 31. LUXOTTICA GROUP NON-GAAP COMPARISON OF CONSOLIDATED NET SALES FOR THE THREE-MONTH PERIODS AND THE YEARS ENDED DECEMBER 31, 2004, AND DECEMBER 31, 2003, ASSUMING CONSTANT EXCHANGE RATES, _________________________ Note: Luxottica Group uses certain measures of financial performance that exclude the impact of fluctuations in currency exchange rates in the translation of operating results into Euro. MILAN, Italy—As it reported its year-end financials for the fiscal year ending Dec. 31, 2015, Luxottica Group (NYSE:LUX) reported that it has earmarked more than €1.5 billion to invest in “the Group’s digital transformation, strengthening operations, expansion into new markets and the constant innovation of products and processes.” Strong free cash flow generation was once again one of the main highlights of Luxottica Group results. Luxottica net sales and profits reached record highs in 2014. Fashionable people buy multiple pairs, which is one reason for the success at Luxottica Group (LUX). A first-class brand portfolio A vertically integrated business model Luxottica headquarters in Milan 01 Mar 2013: 2013 Investor and Analyst Presentation: Financial - Roadshow, conferences & events : Consolidated results for the fourth quarter of 2012; statutory and consolidated financial statements for fiscal year 2012: Financial - Board of Directors For fiscal 2004, Luxottica Group posted net sales and net income respectively of €3,223.9 and €286.9 million. Corporate central services based in Milan represent 0.6% of the total Group’s workforce. Online Brand protection; Offline brand protection; Why genuine is better; Report fake; Stories; Innovation; The making of eyewear; Our History. Prior to that, in September 2003 the Group acquired control of OPSM Group, the leading eyewear retailer in Australia, and, in March 2001, Sunglass Hut International, a leading sunglass retailer with approximately 1,900 stores worldwide. Milan, January 19, 2018 - Luxottica Group S.p.A. (MTA: LUX), a leader in the design, manufacture, distribution and sale of fashion, luxury and sports eyewear, issued today the following financial calendar for fiscal year 2018:. Such risks and uncertainties include, but are not limited to, fluctuations in exchange rates, economic and weather factors affecting consumer spending,  the ability to successfully introduce and market new products, the ability to successfully launch initiatives to increase sales and reduce costs, the availability of correction alternatives to prescription eyeglasses, the ability to effectively integrate recently acquired businesses, including Cole National, risks that expected synergies from the acquisition of Cole National will not be realized as planned and that the combination of Luxottica Group’s managed vision care business with Cole National will not be as successful as planned, as well as other political, economic and technological factors and other risks referred to in Luxottica Group’s filings with the U.S. Securities and Exchange Commission. Luxottica Group is the world leader in the design, manufacture, marketing and distribution of prescription frames and sunglasses in mid- and premium-priced categories. A company's fiscal year is its financial year; it is any 12-month period that the company uses for accounting purposes. A HIGHLY DIVERSE AND PASSIONATE COMMUNITY. The Group’s products are designed and manufactured in its six facilities in Italy and one in the People’s Republic of China. For the full year, the tax rate was 35.4 percent, compared with a tax rate of 30.1 percent for fiscal year 2003. If you want to know more or refuse consent to all or some of the cookies, consult the cookie policy. Record free cash flow generation. This followed the acquisitions of the Bausch & Lomb sunglass business, which includes the prestigious Ray-Ban®, Revo®, ArnetteTM and Killer Loop® brands, in June 1999, and LensCrafters, the largest optical retail chain in North America, in May 1995. Milan, Italy - February 15, 2005 - Luxottica Group S.p.A. (NYSE: LUX; MTA: LUX), global leader in the eyewear sector, today announced consolidated U.S. GAAP results for the three- and twelve-month periods ended December 31, 2004. Additional information on the company is  available on the web at www.luxottica.com. As of December 31, 2014, Luxottica Group had 77,734 employees, with 61.2% dedicated to the retail business, 13.3% dedicated to the wholesale business and 24.9% dedicated to production and distribution activities. Certain statements in this press release may constitute “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. Copyright © Luxottica Group - P.IVA 10182640150 - All Rights Reserved. Group trends in 2013. Within this context, wholesale sales to third parties rose by 13.2 percent, reflecting an improvement in the trend for the year.”, “During the final quarter of the year, from a retail perspective in North America we focused on the integration of the important Cole National business, the success of which is key for our Group. A calendar year always begins on January 1. Luxottica in the world; Unique Approach. 2. Dollars per Euro) (1.2968) (1.1882) (2) Weighted average number of outstanding shares (448,611,400) (447,989,477) (3) Fully diluted average number of shares (451,054,240) (450,098,499) (4) Except earnings per share (ADS), which are expressed in Euro and U.S. Fiscal Year Starting Dates and its Origin in the USA. The Group’s products are designed and manufactured at its six Italy-based high-quality manufacturing plants and at the only China-based plant wholly-owned by a premium eyewear manufacturer. For fiscal year 2005, Luxottica Group posted consolidated net sales and net income of €4.3 billion and €342.3 million, respectively. Luxottica 2019 yılı sonuçlarına göre 9 milyar Euro’nun üzerinde net satış gerçekleştirmiştir ve yaklaşık 80,000 çalışana sahiptir. See notes to attached tables for more information. Certifications; Energy Management; Sustainability Stories Operating measures that exclude the impact of fluctuations in currency exchange rates are not measures of performance under accounting principles generally accepted in the United States (U.S. GAAP). In wholesale, our strong fashion and house brands, which include Ray-Ban, the best-selling sun and prescription brand in the world, continued to strengthen their position in key markets worldwide, testifying to the overall strength of our portfolio. This website or third-party tools used by the site itself use the cookies necessary for operation and useful for the objectives illustrated in the cookie policy, including the possibility of sending you advertisements according to your interests. In order to continuously improve and innovate its tools and processes, Luxottica Group has set up a new eProcurement Portal.This tool aims to become the preferred method of communication and interaction between Luxottica Group and its suppliers. Generally, the fiscal year in the USA starts from Oct 1 st to SEP 30 th of the next calendar year or 365 days. Luxottica reported over Euro 7.6 billion in sales, Euro 642.6 million in net income and generated record cash flow of over Euro 800 million. Business Model; Responsible Business Practices. By closing this banner, scrolling this page, clicking on a link or continuing browsing in any other way, you will agree to use of the cookies. Consolidated results for the quarter and the full year include the consolidation of the Cole National business as of October 4, 2004. The federal government uses the fiscal year for their budgets. - 沪ICP备10214716号-9. We are about 80,000 individuals in more than 150 countries, across the five continents. A fiscal year (or financial year, or sometimes budget year) is used in government accounting, which varies between countries, and for budget purposes.It is also used for financial reporting by businesses and other organizations. Luca Biondolillo, Head of Communications Email: LucaBiondolillo@Luxottica.com, Alessandra Senici, Manager, Investor Relations Email : AlessandraSenici@Luxottica.com, _________________________ 1 Excludes the impact of fluctuations in currency exchange rates in the translation of operating results into Euro. Luxottica 2014 Annual Review: Results for the 2014 fiscal year were extraordinary with record revenue and profitability. In October 2004, Luxottica Group acquired Cole National Corporation, one of the largest U.S. optical retailers, operating more than 2,100 retail locations through Pearle Vision, Sears Optical, Target Optical and BJ’s Optical, and a leading provider of managed vision care services through Cole National Managed Vision. The U.S. Government's fiscal year starts on October 1. The budget’s fiscal year always starts on October 1 and ends on September 30 of the following year. In fact, consolidated net outstanding debt as of December 31, 2004, was €1,711.3 million, compared with €1,470.4 million as of December 31, 2003, reflecting a net increase of €240.9 million. Welcome to Luxottica Group eProcurement Portal. 3 Excludes the impact of fluctuations in currency exchange rates in the translation of operating results into Euro. See notes to attached tables for more information. 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