trending Market Intelligence /marketintelligence/en/news-insights/trending/3cBjZeDiMtEKxF1t5I2cFg2 content esgSubNav
In This List

Luxottica profit holds mostly steady YOY in H1


Master of Risk | Episode 6: Masters of Risk-Jennifer Reynolds


Supplier Risk Indicator™


Private Markets 360 | Episode 6: Benchmarking private investment performance

Case Study

A European Bank Leverages an AIF Scorecard to Help Meet Basel Regulatory Requirements

Luxottica profit holds mostly steady YOY in H1

Luxottica Group S.p.A. said its first-half normalized net income was €1.06 per share, compared with the S&P Capital IQ consensus estimate of €1.06 per share.

In the prior-year period, the per-share result came in at a profit of €1.07.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €512.7 million, compared with €514.8 million in the year-earlier period.

Total revenue grew year over year to €4.72 billion from €4.67 billion, and total operating expenses grew on an annual basis to €3.87 billion from €3.79 billion.

Reported net income declined 5.6% from the prior-year period to €476.6 million, or 99 cents per share, from €504.8 million, or €1.05 per share.