Luxottica's outlook revised from stable to positive from Standard & Poor's. The long and short term 'BBB+/A-2' ratings are confirmed
The agency explained that the improved outlook follows a second consecutive year of solid operating results, with double-digit growth for 2012 revenue and earnings. The positive outlook reflects the possibility of an upgrade in the next 12 months if Luxottica maintains sustainably the FFO (adjusted funds from operation)/debt ratio of around 45%.
At 17.18 the share is quoted at 39,39 euros with an increase of 0,13%.
