Essilorluxottica (FRA:ESL)
€ 228.9 -3.1 (-1.34%) Market Cap: 104.37 Bil Enterprise Value: 114.13 Bil PE Ratio: 45.65 PB Ratio: 2.68 GF Score: 93/100

Q3 2023 EssilorLuxottica SA Corporate Sales Call Transcript

Oct 19, 2023 / 04:30PM GMT
Release Date Price: €161.8 (-1.27%)
Giorgio Iannella;tÃ;anonyme;Co;Head of IR
EssilorLuxottica SociÃ

©©--

Good morning and good afternoon, everybody. This is Giorgio Iannella from the IR team. Thank you for joining EssilorLuxottica Q3 Revenue Management Call. The group's CFO, Stefano Grassi, will walk you through our revenue performance.

(Operator Instructions)

Stefano Grassi;tÃ;anonyme;CFO
EssilorLuxottica SociÃ

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Hello, everyone, and good evening. Welcome to our third quarter sales update. EssilorLuxottica revenue grew 5.2% during the course of the third quarter at constant currency. For the first 9 months of the year, you're looking at a top line up 7.2% still at constant currency. Both our 2 division professional solution and direct-to-consumer posted solid growth in the quarter with the top line in the mid-single digit territory.

When we look at our revenue, our current exchange results, we are reporting a decline of 1.6% for the third quarter. The gap between

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