Luxottica Group witnessed strong growth in first quarter 2008 sales of 8 per cent at current exchange rates. It attributed this growth to the integration of the Oakley business and to organic growth across the world.
Luxottica Group witnessed strong growth in first quarter 2008 sales of 8 per cent at current exchange rates. It attributed this growth to the integration of the Oakley business and to organic growth across the world.
CEO Andrea Guerra said: 'We expect that for the remainder of the year, especially in the second half, our business will have an opportunity to reap to an even greater degree the benefits of its leadership in the market, exploiting Oakley's seasonality and the new wholesale/retail mix resulting from the integration.'
Luxottica said consolidated net outstanding debt on March 31 stood at €2.729bn.