Luxottica reported record net sales of over €2bn for the second quarter of the year ending June 30, an increase of 9.4 per cent at constant exchange rates on the €1.882m second quarter of 2012.
The company added that profitability increased and the adjusted operating margin reached 18.4 per cent, up from 17.5 per cent in the second quarter of 2012, making it the highest in Luxottica’s history.
During the first six months of 2013, net sales reached €3.882m, up 7.6 per cent at constant exchange rates.
Speaking about the second quarter, Andrea Guerra, Luxottica’s chief executive officer, said positive results had been achieved in all primary markets, with Europe performing very well.
‘Our brands continued their upward trend of strong and healthy development. In particular Ray-Ban and Oakley yielded excellent performance.
‘The premium and luxury segment of our portfolio performed robustly and sales of the Armani collections fully met our expectations for the period.’
Adjusted operating income for the second quarter was €371m, up 12.4 per cent, while the figure for the first six months was €645m, up by 10.4 per cent on the €585m for the same period in 2012. Adjusted operating margin for the half year was up a total of 16.6 per cent.
Adjusted net income for the second quarter was €218m, up 12.5 per cent.