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Luxottica: revenues will double in ten years

Leonardo Del Vecchio, founder of Luxottica, announces from the Financial Times that his company aims to double its revenues in the next ten years. The British newspaper points out that the company set up in 61 is one of the rare cases of the sale of a company by a patriarch to a manager.

Luxottica: revenues will double in ten years

Luxottica aims to double its revenues in the next ten years. This was announced by its founder Leonardo Del Vecchio, who after the change in governance and a more incisive role dedicated to him, gives a strong interview to the Financial Times from which he warns that "I want to grow even more in the next 10 years than in the last 10 My goal is to be able to celebrate revenues that have doubled compared to today's revenues within ten years”.

Del Vecchio continues by clarifying the acquisitions concluded by Luxottica in the last period and those still being defined. “We have made acquisitions – he explains – and we will continue to make them but on companies that do not penalize the stores we already have and the interests we already have. We will buy chains that do something different for us."

“We have to run, we have to push on the accelerator because we don't want anyone to eat off our plate”. With these words the founder of Luxottica concludes the interview with the Financial Times, which does not fail to underline how the Agordo company is one of the rare examples in Italy of a company sold to a manager by a patriarch. In fact, with the appointment of Guerra ten years ago, the administration of the company passed into the hands of a managing director.

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