Luxottica slips on the Stock Exchange after the communication of sales data relating to the first quarter of the current year closed with consolidated revenues of 2,38 billion, up 1,9% at constant exchange rates (+5,2% at current exchange rates ). Revenues, in line with analysts' expectations, show an increase of 3,3% at constant exchange rates in the retail division (+7,1% at current exchange rates) and substantially break even in the wholesale division (+2,5% at current exchange rates). current exchange rates). Strong contribution from Europe and Latin America, good performance of the Ray-ban brand and single-brand stores in China and the United States.
Despite the good data and the outlook, Fidentiis analysts have lowered their opinion on the stock to "hold" while for those of Goldman Sachs the recommendation is "neutral". And the title is weak in Piazza Affari where it loses 1%.
The shareholders' meeting of the Venetian eyewear company approved the 2016 financial statements closed with consolidated revenues of 9,086 billion (+0,8% on the adjusted 2015 figure), an adjusted EBITDA of 1,945 billion (+1,3 %), an adjusted Ebit of 1,432 billion (-0,8%) closing the bottom line with an adjusted net profit of 882 million (+3,3%). The shareholders approved the payment of a coupon of 92 cents (+3,4%), with total dividends of approximately 440 million and a payout of approximately 50% of the adjusted consolidated net profit
