EssilorLuxottica revenues return to growth
Author: Andrew McClean
Revenue at EssilorLuxottica in the first quarter of 2021 totalled €4.06m, which was an increase of 14.3% at constant exchange rates when compared to the first quarter of 2020.
The company said that despite Covid-19, consolidated revenue grew by 1.9% at constant exchange rates when compared to 2019.
Francesco Milleri and Paul du Saillant, respectively CEO and deputy CEO at EssilorLuxottica, said: ‘EssilorLuxottica had a strong start to the year. While the pandemic continued to put up a fight, we fought harder, delivering significant revenue growth that surpassed pre-pandemic levels and met the structural need for good vision.’
It noted that e-commerce was up 61% compared to 2019 and 47% against 2020, with its brand platforms, such as Ray-Ban, Oakley and Sunglass Hut, as a whole doubling in revenue.