Luxottica has reported an improvement in nearly all of its markets during March and April as well as a stabilisation of results in North America as part of its financial results for the three-month period ended March 31, 2009.
For the first quarter of 2009, Luxottica posted sales of €1,312.3m, compared to €1,398.7m for the first quarter of 2008, a fall of 6.2 per cent at current exchange rates or by 11.6 per cent at constant exchange rates. Consolidated net income for the period was €80.4m, compared to €103.7m for the same period in 2008, a fall of 22.5 per cent.
Andrea Guerra, chief executive officer of Luxottica, commented: 'After the first four months of 2009, we are already seeing a clear difference between the January to February and March to April periods.' Guerra also pointed out that April's sales results ended better than those of April 2008.
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