EssilorLuxottica SA


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Latest Developments


Michelin And Essilor Sign 2-Year Collaboration Through Memorandum of Understanding

Spectacles group EssilorLuxottica confirms 2019 targets as Q3 revenues rise

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


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.

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

2.26 mean rating - 19 analysts
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Latest News

Latest News

EU regulators to investigate EssilorLuxottica's 7.2 billion euro Dutch deal

EU antitrust regulators opened on Thursday an in-depth investigation into Ray-Ban maker EssilorLuxottica's <ESLX.PA> 7.2 billion euro (£6.1 billion) bid for Dutch opticians group GrandVision <GVNV.AS>, saying the deal could push up prices.

Exclusive: EssilorLuxottica's €7.2 billion Dutch deal faces full EU probe - sources

EssilorLuxottica's <ESLX.PA> 7.2 billion euro ($8 billion) bid for Dutch opticians group GrandVision <GVNV.AS> faces a full-scale EU antitrust investigation after it declined to offer concessions to address concerns, people familiar with the matter said on Friday.

EssilorLuxottica discovers costly fraud at Thai plant

Eyewear group EssilorLuxottica <ESLX.PA> has discovered fraudulent money transfers at a plant in Thailand, which could hit 2019 results by as much as 190 million euros ($213 million).

EssilorLuxottica discovers fraud at plant in Thailand

EssilorLuxottica said on Monday that its subsidiary Essilor International had discovered fraudulent financial activity at a plant in Thailand.

Del Vecchio stake in EssilorLuxottica at 32.3%, little changed since May

The stake in EssilorLuxottica <ESLX.PA> held by chairman Leonardo Del Vecchio stands at around 32.3%, a spokesman for Delfin, the private holding company of the eyewear billionaire, said on Thursday.

EssilorLuxottica launches 5 billion euro bond issuance

EssilorLuxottica launched a bond issuance worth five billion euros ($5.54 billion), the world's largest eyewear company said on Thursday, adding the final order book exceeded 13 billion euros.

Third Point confirms EssilorLuxottica stake, still talking with Sony: letter

Billionaire investor Daniel Loeb said on Thursday his hedge fund owns a $700 million stake in Ray-Ban maker EssilorLuxottica SA and is urging the company to "accelerate leadership transitions".

Third Point confirms EssilorLuxottica stake in investor letter

Billionaire investor Daniel Loeb said on Thursday his hedge fund owns a $700 million stake in Ray-Ban maker EssilorLuxottica SA and is urging the company to "accelerate leadership transitions".

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 <ESLX.PA> said on Wednesday, with profits also driven by cost cuts of up to 600 millions euros (£527.71 million) a year from 2022 following the merger of French...

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.

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