Essilorluxottica (FRA:ESL)
€ 227 -3.3 (-1.43%) Market Cap: 103.50 Bil Enterprise Value: 113.26 Bil PE Ratio: 45.84 PB Ratio: 2.69 GF Score: 93/100

Q1 2021 EssilorLuxottica SA Corporate Sales Call Transcript

May 06, 2021 / 08:30AM GMT
Release Date Price: €139.64 (+0.32%)
Operator

Welcome to the EssilorLuxottica Q1 revenue presentation. We have here Mr. Paul du Saillant, Deputy CEO of the company; and Mr. Stefano Grassi, Co-CFO. I now hand the call over to Mr. du Saillant.

Paul du Saillant;tÃ;anonyme;Deputy CEO;Director
EssilorLuxottica SociÃ

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Good morning. I am happy to welcome you to our first quarter conference call, together with our Co-CFO, Stefano Grassi and the IR team. EssilorLuxottica had a strong start to the year, with revenue surpassing 2019 levels despite the continued effect of the pandemic. At constant exchange rate, our Q1 revenue was up 2% compared to Q1 2019 and 14% compared to Q1 2020.

The need for good vision confirmed its structural and resilient nature. Our customers have continued to adapt to the new environment. We provided them with innovative products, brands and digital tools, and with daily help to adapt their sales protocol. In parallel, we constantly improved the consumer journey in our stores and across the industry. Francesco

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