Double-digit growth for EssilorLuxottica

Optical group EssilorLuxottica, parent company of Pearle, GrandOptical, Ray-Ban, and others, has had a record year after a particularly strong fourth quarter. The company refers to this as a “historic milestone.”

Significant investments

Last year, EssilorLuxottica saw its revenue rise by 11.2% at constant exchange rates, from €26.5 billion to €28.5 billion. The company’s operating profit rose by 6.8% to €4.5 billion at the end of the financial year. Net profit rose by 7.2% to €3.2 billion.