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Name | Symbol | Market | Type |
---|---|---|---|
Essilor Luxottica (PK) | USOTC:ESLOY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.002 | 0.00% | 107.28 | 105.84 | 107.86 | 107.53 | 106.64 | 106.95 | 27,213 | 21:00:50 |
By Alberto Delclaux
Essilor International SA (EI.FR) said Friday that first-quarter revenue fell 5.8%, hit by the appreciation of the euro against other currencies.
Revenue at the French optical-lens maker was 1.83 billion euros ($2.22 billion) compared with EUR1.94 billion a year earlier. Essilor said it had restated its 2017 figures as a result of the new IFRS 15 accounting standards.
On a like-for-like basis, revenue grew 3.2%, Essilor said.
"After this sound start to the year, notably thanks to good performances in sunwear and e-commerce, we are confident that we will meet our full-year targets," Chief Executive Hubert Sagnieres said.
Write to Alberto Delclaux at alberto.delclaux@dowjones.com
(END) Dow Jones Newswires
April 27, 2018 01:22 ET (05:22 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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