EssilorLuxottica SA


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Latest Developments


EssilorLuxottica Says Adjusted Operating And Net Profit At Constant Exchange Rates Expected To Grow Faster Than Sales In Long Term

Essilorluxottica predicts adjusted net profit growth up to 2023

EssilorLuxottica in discussions over purchase of controlling stake in Grandivsion


About EssilorLuxottica SA

EssilorLuxottica SA, formerly known as Essilor International Compagnie Generale D Optique SA, is a France-based ophthalmic company. The Company designs, manufactures and markets a range of lenses, frames and sunglasses to improve and protect eyesight. It also develops and markets equipment for prescription laboratories and instruments, and services for eye care professionals. It operates through three segments: Lenses and Optical Instruments, which includes corrective lenses, optical instruments intended for opticians and optometrists; Equipment, which includes machines and consumables used by plants and prescription laboratories, and Sunglasses & Readers, which encompasses non-prescription reading glasses and non-prescription sunglasses. The Company operates under a number of brands, including Ray-Ban, Oakley and Varilux, among others. The Company operates in Europe, North America, Asia Pacific, the Middle East, Africa and Latin America.


Medical Equipment & Supplies

Contact Info

147 rue de Paris


Executive Leadership

Leonardo Del Vecchio

Executive Chairman of the Board

Hubert Sagnieres

Executive Vice Chairman of the Board

Stefano Grassi

Co-Chief Financial Officer

Hilary Halper

Co-Chief Financial Officer

Eric Leonard

Chief Integration Officer

Key Stats

2.21 mean rating - 19 analysts
Revenue (MM, EUR)
















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Latest News

Latest News

Ray Bans maker Essilorluxottica sees growing demand, for glasses driving sales, profits to 2023

Growing demand for vision correction should boost sales of Ray Bans and other eyeglasses, EssilorLuxottica SA said on Wednesday, with profits also driven by cost cuts of up to 600 millions euros ($655.79 million) a year from 2022 following the merger of French lenses specialist...

Exclusive: Third Point builds stake in Ray-Ban maker EssilorLuxottica - sources

Third Point LLC, the U.S. hedge fund that has pushed for changes at companies ranging from Nestle SA <NESN.S> to Campbell Soup Co <CPB.N>, has amassed a stake in Ray-Ban maker EssilorLuxottica SA <ESLX.PA>, people familiar with the matter said on Sunday.

EssilorLuxottica sets sights on retail dominance with $8 billion GrandVision deal

EssilorLuxottica <ESLX.PA> is buying Dutch opticians group GrandVision <GVNV.AS> for up to 7.2 billion euros ($8 billion) in cash to take control of thousands of stores where it sells spectacles and lenses.

EssilorLuxottica to buy GrandVision, confirms 2019 outlook

EssilorLuxottica said it would buy a 76.72% stake in Dutch optical retailer GrandVision, and the company also posted stronger second-quarter results and confirmed its 2019 targets on Wednesday.

EssilorLuxottica seeks majority stake in Dutch eyewear firm GrandVision

Dutch optical retailer GrandVision NV <GVNV.AS> said on Wednesday it was approached by EssilorLuxottica SA <ESLX.PA> and HAL Holding NV for a possible transfer of HAL's majority stake in the company to the French eyewear group.

EssilorLuxottica shareholders rebuff new independent directors

EssilorLuxottica's shareholders have rejected the appointment of two new independent directors to the board of the Franco-Italian eyewear group, raising fresh doubts over whether a management crisis has been resolved.

EssilorLuxottica shareholders reject plans for two additional board directors

EssilorLuxottica's shareholders rejected on Thursday resolutions aimed at appointing two new independent directors at the board of the Franco-Italian eyewear group.

Ray-ban owner EssilorLuxottica draws line under Franco-Italian feud

EssilorLuxottica declared an end to a feud between its French and Italian partners on Monday, saying it would drop all legal proceedings and focus on integrating the eyewear group formed by last year's 54 billion euro (47 billion pounds) merger.

EssilorLuxottica says it has resolved governance dispute

Eyewear group EssilorLuxottica said it had resolved a dispute between its feuding French and Italian partners, and would push on in its search for a new chief executive and its aims to centralise various new corporate functions.

EssilorLuxottica's feuding partners on verge of peace deal - Les Echos

Eyewear group EssilorLuxottica's feuding French and Italian partners are close to signing a peace deal to end a boardroom dispute over the group's leadership that threatened to pull it apart, France's Les Echos business daily reported on Sunday.

EssilorLuxottica puts on good first-quarter show ahead of rocky AGM

EssilorLuxottica posted higher first-quarter sales and maintained full-year targets on Tuesday, just days ahead of an annual meeting where minority investors are expected to voice their frustration over a leadership row at the company.

Eyewear company EssilorLuxottica maintains outlook as Q1 sales jump

EssilorLuxottica said on Tuesday it has kept its full-year outlook unchanged after posting upbeat first-quarter sales, although some concerns remain among investors over the future of governance at the world's largest eyewear maker.

EssilorLuxottica investor LGIM plans to back proposal to widen board to end dispute

EssilorLuxottica's investor Legal & General Investment Management (LGIM) said it was very worried about a boardroom dispute at the recently merged eyewear giant, and would back a proposal to name three new directors in the hope of resolving the row.

EssilorLuxottica's board votes against proposals for new directors

The board of directors at EssilorLuxottica, which is in the midst of a power tussle, said it had voted against recent proposals to appoint new board members to help resolve its governance issues.

EssilorLuxottica shareholder body propose independent director to ease deadlock

Valoptec International which represents employees and former employees of Ray Ban maker EssilorLuxottica has proposed the appointment of an additional independent director to the group's board in a bid to resolve governance issues.

EssilorLuxottica hires two headhunters to find new CEO

French-Italian eyewear group EssilorLuxottica has hired two headhunters to search for a new chief executive officer in a bid to cool a conflict between its French and Italian partners over leadership of the company.

EssilorLuxottica hires two headhunters for CEO search

French-Italian eyewear group EssilorLuxottica said on Wednesday its nomination and compensation committee had started the search for a new chief executive officer with the help of two headhunting firms.

EssilorLuxottica director rules out merger could unravel due to boardroom row

Disagreements at the helm of French-Italian group EssilorLuxottica do not pose a risk for the merger that created the world's biggest spectacles and lens manufacturer, independent board director Gianni Mion said.

EssilorLuxottica deadlock set to drag on after arbitration request

A row over who is in charge at Ray-Ban maker EssilorLuxottica could drag on for two years or more after the recently merged group's executive chairman filed an arbitration request after alleged violations of a power-sharing agreement.

EssilorLuxottica shares fall as governance dispute worsens

EssilorLuxottica's shares fell on Thursday after the eye-wear company's top shareholder and executive chairman filed an arbitration request to verify alleged violations of its merger agreement, escalating a dispute over power sharing.

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