EssilorLuxottica Reports Record 11% Revenue Growth in Third Quarter

Paris: In the third quarter of the year, EssilorLuxottica reported record consolidated revenues of £6,867 million, with year-over-year growth of 11.7% at constant exchange rates and 6.7% at current exchange rates.

According to Ansa News Agency, this marks the best quarterly performance for the company, driven by strong growth in the wearables segment and an expanding portfolio that benefited from a solid product innovation pipeline. The optical and sun businesses also contributed to the growth, with a 5% increase at constant exchange rates.

The company saw significant double-digit growth in both professional solutions and direct-to-consumer segments in North America and the EMEA region (Europe, Middle East, and Africa).