Excluding the Euro 159 million impact of these non-recurring items on 2017 results, 2018 net profit3 would have been 90 bps accretive, benefiting from effective business and financial management. Financials and annual report of EssilorLuxottica SA. The solid sales performance confirmed the effectiveness of strategic initiatives aimed at improving the operating model and the ability of the group's retail brands to execute them, while offering an improved consumer experience. In this same spirit of raising awareness on good vision, Essilor made presentations in different parts of the world to leverage the report it published on the sidelines of the last United Nations General Assembly session, entitled “Eliminating Poor Vision in a Generation: What will it take to eliminate uncorrected refractive errors by 2050?”. トヨタ企業サイト「Annual Report アーカイブズ」をご紹介します。トヨタは企業価値を持続的に高め、ステークホルダーの皆様とともに、安定的・継続的に発展していきたいと考えています。 Contingency plans can be activated in case of a protracted pandemic. "An ever-growing number of solutions in all price points to correct and protect eyesight." In 2019, Europe continued to contribute to the overall Luxottica growth, with a positive evolution at both Wholesale and Retail divisions, supported by best-selling proprietary brands (also online) as well as main luxury licenses. The Sunglasses & Readers division contributed modestly to regional growth during the quarter. In Asia, Oceania and Africa revenue increased by 6.8% to Euro 756 million (+5.0% at constant exchange rates2). Dividend recommendation The Board of Directors will recommend that shareholders at the Annual Meeting to be held on May 16, 2019 approve the payment of a dividend of Euro 2.04 per share. “While 2018 was a challenging year, we saw hope in growing action and global commitment to new ways of doing business that tackle the environmental challenges we face,” … SEC Filings. In Europe, revenue increased by 4.9% to Euro 4,236 million (+5.1% at constant exchange rates2). Annual Financial Statements of Siemens Healthineers AG 2018 (HGB) (pdf) 0.89 MB; Annual Report 2018 including Consolidated Financial Statements for Siemens Healthineers Group, together with the Combined Management Report of Siemens Healthineers AG and the Siemens Healthineers Group, as of September 30, 2018 (IFRS) (pdf) 1.52 MB The dividend will be paid – or the shares issued – as from June 15, 2020. Synergies and integration The Company has started to drive integration and deliver revenue and cost synergies. The second half of the year showed an acceleration in sales growth compared to the first six months of the year, helped by a progressive improvement in wholesale's performance in Europe. In 2018, we increased our annual dividend rate by approximately 19 percent, paid out $376 million in dividends and repurchased over $2.4 billion in shares.” Business Highlights In 2018 Baxter achieved notable milestones in pursuit of its Mission for patients as … Rather, these other non-GAAP measures should be used as a supplement to IFRS results to assist the reader in better understanding the operating performance of the Group. Official Websites. The key market of Brazil kept the positive momentum it showed throughout the entire year, made of high-single digit growth in Wholesale, boosted by STARS and Óticas Carol (reaching 1,335 franchise locations), as well as double-digit growth in Retail, primarily sustained by SGH. Merve is a leading turkish wholesaler of sunglasses and optical frames with 5 proprietary brands (Ossé, Mustang, Hawk, Optelli, Soleil) and 16 licensed brands from Marcolin, generating a total of around Euro 19 million of revenue in 2018. Enter this section to read more and get in touch with the Financial Communication and Investor relations team. Essilor, for its part, performed strongly. This included a renewed effort in marketing campaigns on lens brands, e-commerce, Sunglasses & Readers, the Transitions Generation 8 launch and activities to develop the myopia segment. Facebook. Swedish. Accordingly, in order to provide additional comparative information on the results for the period under review compared to previous periods, to reflect the EssilorLuxottica actual economic performance and enable it to be monitored and benchmarked against competitors, some measures have been adjusted (“adjusted measures”). Shareholders will be offered the option of receiving their dividend in cash or in newly issued shares. Mainland China speeded up at double-digit pace, fueled by both revamped Wholesale and positive Retail in sales and comparable store sales5. These financial statements were audited by the Statutory Auditors whose certification report is in the process of being issued. The direct e-commerce business had another exceptional quarter growing at 27% at constant exchange rates2 and all major websites contributed to the success. Management ChangesEssilorLuxottica confirms that the search for a new CEO is ongoing. This powerful value creation model will facilitate the generation of synergies going forward and will be rolled out across the entire EssilorLuxottica Group," said Hubert Sagnières, Executive Vice Chairman of EssilorLuxottica. Annual Report 2019 Available as: PDF Publication Date: 28 April 2020 ISBN: 978-955-575-396-8 Presentation (Video) Presentation (Slides) Annual Report 2018 Available as: PDF Publication Date: 25 April 2019 ISBN: 978-955-575 Net DebtGroup Net Debt (excluding lease liabilities) amounted to Euro 1,898 million at the end of December 2019, an increase of Euro 11 million compared to the restated Net Debt position at the end of December 2018. See insights on EssilorLuxottica including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. The Wholesale channel showed steadily growth over the year, supported by volumes expansion. Get Access Now. Consolidated statement of financial position. 2018 Annual Report 5.9 MB. Adjusted6 Operating expenses: +6.4% at current exchange rates and +3.5% at constant exchange rates2Operating expenses amounted to Euro 8,074 million in 2019, translating to 46.4% of sales compared to 46.9% in the prior year and reflecting: Adjusted6 Operating profit: +7.4% at current exchange rates and +3.3% at constant exchange rates2The Group posted an adjusted6 Operating profit of Euro 2,812 million, representing 16.2% of sales, in line compared to 2018. Innovative products at every price point to customers and consumers worldwide while generating profitable growth the VisionDirect website building a. In November did not have a material impact in 2019, EssilorLuxottica expects to grow this..., resulting in combined market capitalization of approximately €57 billion or the shares –. To eye care to the consolidated financial statements were audited by the end 2020... Positive throughout the entire year, supported by volumes expansion satisfactory, especially for lenses... 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