A HIGHLY DIVERSE AND PASSIONATE COMMUNITY. In nomenclature, if a fiscal year covers more than one calendar year it is designated by the calendar year in which it ends; for example, the U.S. government's fiscal year from October 1, 2008 to September 30, 2009 is called "FY 09." The company has included this measurement to give comparative information for the two periods discussed, aligning the consolidation periods of OPSM Group and Cole National for both years 2003 and 2004. By closing this banner, scrolling this page, clicking on a link or continuing browsing in any other way, you will agree to use of the cookies. In October 2004, Luxottica Group acquired Cole National Corporation, one of the largest U.S. optical retailers, operating more than 2,100 retail locations through Pearle Vision, Sears Optical, Target Optical and BJâs Optical, and a leading provider of managed vision care services through Cole National Managed Vision. As of today, all is on track with no surprises.â. Luxottica’s 2015 financial performance confirms the Company’s ability to continuously pursue growth while achieving key strategic and organizational goals. Based in Milan, Luxottica turned 50 last year and is the leader in a fragmented industry. Luxottica reported over Euro 7.6 billion in sales, Euro 642.6 million in net income and generated record cash flow of over Euro 800 million. See notes to attached tables for more information. The fiscal year is expressed by stating the year-end date. In fact, consolidated net outstanding debt as of December 31, 2004, was â¬1,711.3 million, compared with â¬1,470.4 million as of December 31, 2003, reflecting a net increase of â¬240.9 million. As of December 31, 2014, Luxottica Group had 77,734 employees, with 61.2% dedicated to the retail business, 13.3% dedicated to the wholesale business and 24.9% dedicated to production and distribution activities. €802 million. Net Profitability. In addition, since the Luxottica Group has historically reported such adjusted financial measures to the investement community, the Company believes that their inclusion provides consistency in its financial reporting. Certifications; Energy Management; Sustainability Stories For fiscal 2004, Luxottica Group posted net sales and net income respectively of €3,223.9 and €286.9 million. This website or third-party tools used by the site itself use the cookies necessary for operation and useful for the objectives illustrated in the cookie policy, including the possibility of sending you advertisements according to your interests. Certain statements in this press release may constitute âforward-looking statementsâ as defined in the Private Securities Litigation Reform Act of 1995. The Company’s total net sales amounted to over Euro 7.6 billion, net income was Euro 642.6 million and headcount as of year-end was 77,734 employees. Website optimized for Chrome Milan, January 30, 2019 – Luxottica Group S.p.A. (MTA: LUX), a leader in the design, manufacture, distribution and sale of fashion, luxury and sports eyewear, issued today the following financial calendar for fiscal year 2019.The following takes into account the fact that - as already announced on January 22, 2019 - pursuant to art. This followed the acquisitions of the Bausch & Lomb sunglass business, which includes the prestigious Ray-Ban®, Revo®, ArnetteTM and Killer Loop® brands, in June 1999, and LensCrafters, the largest optical retail chain in North America, in May 1995. For more information about BLACK-OUT PERIODS, COPYRIGHT ©2020 LUXOTTICA GROUP P.IVA 10182640150 / All Rights ReservedSubject to direction and coordination activity by EssilorLuxottica S.A. â 712 049 618 R.C.S. These non-GAAP measures are not meant to be considered in isolation or as a substitute for results prepared in accordance with U.S. GAAP. Code of ethics; Sponsorship policy; A global culture of quality; Risk and compliance; Brand protection. Record free cash flow generation. This website or third-party tools used by the site itself use the cookies necessary for operation and useful for the objectives illustrated in the cookie policy, including the possibility of sending you advertisements according to your interests. Financial Highlights 2014. net sales (millions of euro) gross profit (millions of euro) 2014 net sales by geographic area. ... Luxottica Group’s first line is still the one that best conveys the experience and tradition that are its essence. Milan, January 19, 2018 - Luxottica Group S.p.A. (MTA: LUX), a leader in the design, manufacture, distribution and sale of fashion, luxury and sports eyewear, issued today the following financial calendar for fiscal year 2018: BOARD OF DIRECTORS Monday, January 29, 2018 Trading update for the twelve-month period ended December 31, 2017 Monday, February 26, 2018 Consolidated See table above for a reconciliation of the operating measures excluding the impact of fluctuations in currency exchange rates to their most directly comparable U.S. GAAP financial measures. Alessandro Pozzi: “The reception to future digital events remains promising with 90% of our clients keen to participate” In this guest column, Luxottica Group Global Channels Director Alessandro Pozzi reflects on the team’s experience at the inaugural … BOARD OF DIRECTORS Corporate central services based in Milan represent 0.6% of the total Group’s workforce. This result is attributable to both the Wholesale and Retail Divisions’ performance and is evidence of the Group’s determination in pursuing growth in each and every quarter. Luxottica Group S.p.A. is an Italian eyewear conglomerate and the world's largest company in the eyewear industry. The figure is about the latest fiscal year available. Luxottica bought Oakley for $2 billion in June. Business Model; Responsible Business Practices. Strong free cash flow generation was once again one of the main highlights of Luxottica Group results. Operating measures that assume constant exchange rates between the whole year 2004 and the whole year 2003 and the fourth quarter of 2004 and the fourth quarter of 2003 are calculated using for each currency the average exchange rate for the whole year and the three-month period ended December 31, 2003. A fiscal year-end is usually the end of any quarter, such as March 31, June 30, September 30, or December 31. Definition of Fiscal Year A fiscal year is an accounting year that does not end on December 31. Dollars, respectively, _________________________ Notes : (2004) (2003) (1) Average exchange rate (in U.S. Copyright © Luxottica Group - P.IVA 10182640150 - All Rights Reserved. People at Luxottica don't wait to adapt to the fast-paced changes but are always ready to anticipate the future matters while making effective decisions. Such statements involve risks, uncertainties and other factors that could cause actual results to differ materially from those which are anticipated. Dollars, respectively, _________________________ Notes : (1) Except earnings per share (ADS), which are expressed in Euro. Luxottica 2019 yılı sonuçlarına göre 9 milyar Euro’nun üzerinde net satış gerçekleştirmiştir ve yaklaşık 80,000 çalışana sahiptir. See notes to attached tables for more information, _________________________ Notes : (2004) (2003) (1) Average exchange rate (in U.S. In wholesale, our strong fashion and house brands, which include Ray-Ban, the best-selling sun and prescription brand in the world, continued to strengthen their position in key markets worldwide, testifying to the overall strength of our portfolio. (Accounting years of January 1 through December 31 are known as calendar years.) Generally, the fiscal year in the USA starts from Oct 1 st to SEP 30 th of the next calendar year or 365 days. This information does not purport to be indicative of the actual result that would have been achieved had the OPSM Group acquisition been completed as of January 1, 2003, and the Cole National acquisition been completed as of October 4, 2003. Luxottica to confirm outlook for fiscal year 2008 26 Jun 2008 - 02:42 PM Milan, Italy – June 26, 2008 - Luxottica Group S.p.A. (NYSE: LUX; MTA: LUX), a global leader in the design, manufacturing and distribution of premium fashion and luxury eyewear, today will confirm during an investor conference call its previously announced financial outlook for fiscal year 2008. These forward-looking statements are made as of the date hereof and Luxottica Group does not assume any obligation to update them. The Company believes that these adjusted financial measures provide useful information to both management and investors by allowing a comparison of operating performance on a consistent basis. ‘I’m having a hard time understanding how earning over $200,000 a year is too much to qualify for a decent stimulus check’ 8:30a China’s stock market just jumped 6%. 2 Comparable store sales are intended as sales that, for comparison purposes, are normalized by using in the calculation only stores open during the comparable period the previous year, the same exchange rates and the same consolidation area. Luxottica headquarters in Milan 01 Mar 2013: 2013 Investor and Analyst Presentation: Financial - Roadshow, conferences & events : Consolidated results for the fourth quarter of 2012; statutory and consolidated financial statements for fiscal year 2012: Financial - Board of Directors 4 Comparable store sales are intended as sales that, for comparison purposes, are normalized by using in the calculation only stores open during the comparable period the previous year, the same exchange rates and the same consolidation area. MILAN, Italy—As it reported its year-end financials for the fiscal year ending Dec. 31, 2015, Luxottica Group (NYSE:LUX) reported that it has earmarked more than €1.5 billion to invest in “the Group’s digital transformation, strengthening operations, expansion into new markets and the constant innovation of products and processes.” The adjusted financial measures should be used as a supplement to U.S. GAAP results to assist the reader in better understanding the operational performance of the Company, COPYRIGHT ©2020 LUXOTTICA GROUP P.IVA 10182640150 / All Rights ReservedSubject to direction and coordination activity by EssilorLuxottica S.A. â 712 049 618 R.C.S. A company's fiscal year is its financial year; it is any 12-month period that the company uses for accounting purposes. Fashionable people buy multiple pairs, which is one reason for the success at Luxottica Group (LUX). Créteil, People, the real driving force of Luxottica, The responsible management of the supply chain, Procedure for related parties transactions, Procedure for the management of the Inside Information, Wholesale sales: â¬1,094.3 million (+10.0%), Luxottica Group Net Sales for Fiscal Year 2004 Up Year-Over-Year by 14.1 percent, INCOME BEFORE MINORITY INTEREST IN INCOME OF CONSOLIDATED SUBSIDIARIES, 455,205,473 ORDINARY SHARES AUTHORIZED AND, Retail sales: â¬2,315.8 million (+15.7%); Retail comparable store sales, Retail operating income: â¬310.3 million (+15.0%); Retail Operating margin: 13.4%, Wholesale operating income: â¬233.1 million (+22.0%); Wholesale operating margin: 21.3%, Retail sales: â¬730.1 million (+37.3%); Retail comparable store sales, Wholesale sales: â¬258.2 million (+16.7%), Retail operating income: â¬74.4 million (+25.0%); Retail operating margin: 10.2%, Wholesale operating income: â¬45.4 million (+20.6%); Wholesale operating margin: 17.6%. 2.5.1, paragraph 6, of the Rules for Markets It stems from a notion of universal beauty that comes to life at the intersection of personal well-being, respect for the environment, ethics and the transparency of relations. Online Brand protection; Offline brand protection; Why genuine is better; Report fake; Stories; Innovation; The making of eyewear; Our History. If you want to know more or refuse consent to all or some of the cookies, consult the cookie policy. Andrea Guerra, chief executive officer of Luxottica Group, commented: âThis was a particularly strong year for our entire organization, both in retail and wholesale. By closing this banner, scrolling this page, clicking on a link or continuing browsing in any other way, you will agree to use of the cookies. Sales fell 1.7 percent at retail stores open at least a year, reflecting Luxottica’s exposure in the United States. All our optical and sun retail brands, from LensCrafters to Sunglass Hut to OPSM Group, performed well above industry trends, especially in terms of profitability. 5 The ratio of net debt to EBITDA is not a measure of performance under accounting principles generally accepted in the United States (U.S. GAAP). For the full year, the tax rate was 35.4 percent, compared with a tax rate of 30.1 percent for fiscal year 2003. Grup hakkında ayrıntılı bilgiler WWW.LUXOTTICA.COM sitesinde mevcuttur. Group trends in 2013. Créteil, People, the real driving force of Luxottica, The responsible management of the supply chain, Procedure for related parties transactions, Procedure for the management of the Inside Information, Approval of final statutory financial statements for fiscal year 2018, Results for the fourth quarter of 2018; preliminary statutory and consolidated financial statements for fiscal year 2018, Consolidated net sales for the nine-month period ended September 30, 2018, Consolidated results for the six-month period ended June 30, 2018, Consolidated net sales for the three-month period ended March 31, 2018, Approval of final statutory financial statements for fiscal year 2017, Consolidated results for the fourth quarter of 2017; preliminary statutory and consolidated financial statements for fiscal year 2017, Trading update for the twelve-month period ended December 31, 2017, Consolidated net sales for the nine-month period ended September 30, 2017, Consolidated results for the six-month period ended June 30, 2017, Consolidated net sales for the three-month period ended March 31, 2017, Approval of statutory financial statements for fiscal year 2016, Consolidated results for the fourth quarter of 2016; draft statutory and consolidated financial statements for fiscal year 2016, Consolidated net sales for the twelve-month period ended December 31, 2016, Net sales results for the nine-month period ended September 30, 2016, Consolidated results for the six-month period ended June 30, 2016, Approval of statutory financial statements for fiscal year 2015, Net sales results for the three-month period ended March 31, 2016, Consolidated results for the fourth quarter of 2015; statutory and consolidated financial statements for fiscal year 2015, Consolidated net sales for the twelve-month period ended December 31, 2015, Consolidated results for the nine-month period ended September 30, 2015, Consolidated results for the six-month period ended June 30, 2015, Consolidated results for the three-month period ended March 31, 2015, Approval of statutory financial statements for fiscal year 2014, Consolidated results for the fourth quarter of 2014; statutory and consolidated financial statements for fiscal year 2014, Consolidated net sales for the twelve-month period ended December 31, 2014, Consolidated results for the nine-month period ended September 30, 2014, Consolidated results for the six-month period ended June 30, 2014, Approval of statutory financial statements for fiscal year 2013, Consolidated results for the three-month period ended March 31, 2014, Consolidated results for the fourth quarter of 2013; statutory and consolidated financial statements for fiscal year 2013, Consolidated net sales for the twelve-month period ended December 31, 2013, Consolidated results for the nine-month period ended September 30, 2013, Consolidated results for the six-month period ended June 30, 2013, dbAccess 10th Annual Global Consumer Conference, Consolidated results for the three-month period ended March 31, 2013, Approval of statutory financial statements for fiscal year 2012, Consolidated results for the fourth quarter of 2012; statutory and consolidated financial statements for fiscal year 2012, Consolidated net sales for the twelve-month period ended December 31, 2012, Financial - Roadshow, conferences & events. 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