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Luxottica: profits of 210 million in the first quarter of 2015

Record turnover for the Italian group Luxottica in the first quarter of 2015: 2,2 billion euros – North America remains the reference market

Luxottica: profits of 210 million in the first quarter of 2015

Record numbers for the first quarter of Luxottica. The leading Italian group in the design, production and distribution of high-end eyewear has registered a strong growth in adjusted revenue of 22% to €2,2 billion (+7,2% at constant exchange rates). It is, the group said, the highest level ever reached in a single quarter. Turnover grew significantly in both the wholesale (+16,8%) and retail (+26,4%) divisions.

Even better is the data onLuxottica's net profit which in the first quarter of this year reached 210 million euro compared to 157 million in the first quarter of 2014, up 33,7%.

Il North America remains, for Luxottica, by far the main reference market with a turnover of 1,3 billion euros in the first quarter out of 2,2 overall (+29,5% at current exchange rates compared to the first quarter of 2014). Sales in Europe also accelerated, rising by 8,5% compared to the first quarter of last year. We also note the marked growth of the Asia-Pacific market which rose from 251 million euros in the first quarter of 2014 to 298 million euros in the first quarter of this year.

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