EssilorLuxottica revenue grows by 37%

EssilorLuxottica’s total revenue rose by 37% in the first half of the financial year in 2022, compared to 2021.

The company stated that the second quarter total revenue was at €6,387m, with vision care representing approximately 70% of total revenue. Brick-and-mortar sales have progressed by 7%, while e-commerce is steady. Among operations, the direct to consumer performed highest with growth of 8.5% at constant exchange rates, while professional solutions advanced by 5.5%.

North America had a positive start to the year, but declined due to ‘deteriorating business conditions’, while the EMEA bounced back (+12.40%) and Asia-Pacific maintained positive levels despite restrictions to Chinese business but was the only region to not expand direct to consumer sales.