luxottica fiscal year

All our optical and sun retail brands, from LensCrafters to Sunglass Hut to OPSM Group, performed well above industry trends, especially in terms of profitability. Luxottica net sales and profits reached record highs in 2014. For more information about BLACK-OUT PERIODS, COPYRIGHT ©2020 LUXOTTICA GROUP P.IVA 10182640150 / All Rights ReservedSubject to direction and coordination activity by EssilorLuxottica S.A. – 712 049 618 R.C.S. Grup hakkında ayrıntılı bilgiler WWW.LUXOTTICA.COM sitesinde mevcuttur. Sales fell 1.7 percent at retail stores open at least a year, reflecting Luxottica’s exposure in the United States. Dollars, respectively, _________________________ Notes : (1) Except earnings per share (ADS), which are expressed in Euro. Luxottica 2019 yılı sonuçlarına göre 9 milyar Euro’nun üzerinde net satış gerçekleştirmiştir ve yaklaşık 80,000 çalışana sahiptir. Online Brand protection; Offline brand protection; Why genuine is better; Report fake; Stories; Innovation; The making of eyewear; Our History. A fiscal year could be a 12-month period of time or a 52/53-week period of time. A HIGHLY DIVERSE AND PASSIONATE COMMUNITY. Créteil, People, the real driving force of Luxottica, The responsible management of the supply chain, Procedure for related parties transactions, Procedure for the management of the Inside Information, Approval of final statutory financial statements for fiscal year 2018, Results for the fourth quarter of 2018; preliminary statutory and consolidated financial statements for fiscal year 2018, Consolidated net sales for the nine-month period ended September 30, 2018, Consolidated results for the six-month period ended June 30, 2018, Consolidated net sales for the three-month period ended March 31, 2018, Approval of final statutory financial statements for fiscal year 2017, Consolidated results for the fourth quarter of 2017; preliminary statutory and consolidated financial statements for fiscal year 2017, Trading update for the twelve-month period ended December 31, 2017, Consolidated net sales for the nine-month period ended September 30, 2017, Consolidated results for the six-month period ended June 30, 2017, Consolidated net sales for the three-month period ended March 31, 2017, Approval of statutory financial statements for fiscal year 2016, Consolidated results for the fourth quarter of 2016; draft statutory and consolidated financial statements for fiscal year 2016, Consolidated net sales for the twelve-month period ended December 31, 2016, Net sales results for the nine-month period ended September 30, 2016, Consolidated results for the six-month period ended June 30, 2016, Approval of statutory financial statements for fiscal year 2015, Net sales results for the three-month period ended March 31, 2016, Consolidated results for the fourth quarter of 2015; statutory and consolidated financial statements for fiscal year 2015, Consolidated net sales for the twelve-month period ended December 31, 2015, Consolidated results for the nine-month period ended September 30, 2015, Consolidated results for the six-month period ended June 30, 2015, Consolidated results for the three-month period ended March 31, 2015, Approval of statutory financial statements for fiscal year 2014, Consolidated results for the fourth quarter of 2014; statutory and consolidated financial statements for fiscal year 2014, Consolidated net sales for the twelve-month period ended December 31, 2014, Consolidated results for the nine-month period ended September 30, 2014, Consolidated results for the six-month period ended June 30, 2014, Approval of statutory financial statements for fiscal year 2013, Consolidated results for the three-month period ended March 31, 2014, Consolidated results for the fourth quarter of 2013; statutory and consolidated financial statements for fiscal year 2013, Consolidated net sales for the twelve-month period ended December 31, 2013, Consolidated results for the nine-month period ended September 30, 2013, Consolidated results for the six-month period ended June 30, 2013, dbAccess 10th Annual Global Consumer Conference, Consolidated results for the three-month period ended March 31, 2013, Approval of statutory financial statements for fiscal year 2012, Consolidated results for the fourth quarter of 2012; statutory and consolidated financial statements for fiscal year 2012, Consolidated net sales for the twelve-month period ended December 31, 2012, Financial - Roadshow, conferences & events. A fiscal year differs from a calendar year in that it begins at the start of a quarter such as April 1 or October 1. Luxottica's shared value approach; People, the real driving force of Luxottica; The safety culture; The responsible management of the supply chain; Protecting The Environment. MILAN, Italy—As it reported its year-end financials for the fiscal year ending Dec. 31, 2015, Luxottica Group (NYSE:LUX) reported that it has earmarked more than €1.5 billion to invest in “the Group’s digital transformation, strengthening operations, expansion into new markets and the constant innovation of products and processes.” It stems from a notion of universal beauty that comes to life at the intersection of personal well-being, respect for the environment, ethics and the transparency of relations. In wholesale, our strong fashion and house brands, which include Ray-Ban, the best-selling sun and prescription brand in the world, continued to strengthen their position in key markets worldwide, testifying to the overall strength of our portfolio. ... Luxottica Group’s first line is still the one that best conveys the experience and tradition that are its essence. This page provides a brief financial summary of Luxottica Group SpA as well as the most significant critical numbers from each of its financial reports. It is based in Milan, Italy.. As a vertically integrated company, Luxottica designs, manufactures, distributes and retails its eyewear brands, including LensCrafters, Sunglass Hut, Apex by Sunglass Hut, Pearle Vision, Target Optical, Eyemed vision care plan, and Glasses.com. Fiscal Year Starting Dates and its Origin in the USA. These forward-looking statements are made as of the date hereof and Luxottica Group does not assume any obligation to update them. Record free cash flow generation. Operating measures that exclude the impact of fluctuations in currency exchange rates are not measures of performance under accounting principles generally accepted in the United States (U.S. GAAP). Créteil, People, the real driving force of Luxottica, The responsible management of the supply chain, Procedure for related parties transactions, Procedure for the management of the Inside Information, Wholesale sales: €1,094.3 million (+10.0%), Luxottica Group Net Sales for Fiscal Year 2004 Up Year-Over-Year by 14.1 percent, INCOME BEFORE MINORITY INTEREST IN INCOME OF CONSOLIDATED SUBSIDIARIES, 455,205,473 ORDINARY SHARES AUTHORIZED AND, Retail sales: €2,315.8 million (+15.7%); Retail comparable store sales, Retail operating income: €310.3 million (+15.0%); Retail Operating margin: 13.4%, Wholesale operating income: €233.1 million (+22.0%); Wholesale operating margin: 21.3%, Retail sales: €730.1 million (+37.3%); Retail comparable store sales, Wholesale sales: €258.2 million (+16.7%), Retail operating income: €74.4 million (+25.0%); Retail operating margin: 10.2%, Wholesale operating income: €45.4 million (+20.6%); Wholesale operating margin: 17.6%. Business Model; Responsible Business Practices. Andrea Guerra, chief executive officer of Luxottica Group, commented: “This was a particularly strong year for our entire organization, both in retail and wholesale. As announced on February 15, 2005, Luxottica Group posted, in accordance with U.S. GAAP, the following results for fiscal year 2004: Consolidated net sales of €3,223.9 million; Consolidated operating income of €492.8 million; This result is attributable to both the Wholesale and Retail Divisions’ performance and is evidence of the Group’s determination in pursuing growth in each and every quarter. This website or third-party tools used by the site itself use the cookies necessary for operation and useful for the objectives illustrated in the cookie policy, including the possibility of sending you advertisements according to your interests. 3 Excludes the impact of fluctuations in currency exchange rates in the translation of operating results into Euro. BOARD OF DIRECTORS Financial Highlights 2014. net sales (millions of euro) gross profit (millions of euro) 2014 net sales by geographic area. Here a crucial point related to the US Fiscal year, i.e., Prior to 1976, the fiscal year started from July 1 and ended on Jun 30 of the next calendar year. This result included a total consideration of approximately €600 million for the Cole National acquisition as well as €95.5 million in dividend paid. Luxottica Group is the world leader in the design, manufacture, marketing and distribution of prescription frames and sunglasses in mid- and premium-priced categories. Website optimized for Chrome Milan, January 19, 2018 - Luxottica Group S.p.A. (MTA: LUX), a leader in the design, manufacture, distribution and sale of fashion, luxury and sports eyewear, issued today the following financial calendar for fiscal year 2018:. A company's fiscal year is its financial year; it is any 12-month period that the company uses for accounting purposes. - 沪ICP备10214716号-9. This information does not purport to be indicative of the actual result that would have been achieved had the OPSM Group acquisition been completed as of January 1, 2003, and the Cole National acquisition been completed as of October 4, 2003. Alessandro Pozzi: “The reception to future digital events remains promising with 90% of our clients keen to participate” In this guest column, Luxottica Group Global Channels Director Alessandro Pozzi reflects on the team’s experience at the inaugural … Certifications; Energy Management; Sustainability Stories The lines manufactured by Luxottica Group include over 2,450 styles in a wide array of colors and sizes and are sold through 21 wholly-owned subsidiaries in the United States, Canada, Italy, France, Spain, Portugal, Sweden, Germany, the United Kingdom, Brazil, Switzerland, Mexico, Belgium, Argentina, South Africa, Finland, Austria, Norway, Japan, Australia and Poland; one 75%-owned subsidiary in Israel; a 70%-owned subsidiary in Greece; three 51%-owned subsidiaries in the Netherlands, Turkey and Singapore, one 49%-owned subsidiary in the United Arab Emirates and one 44%-owned subsidiary in India. They reflect the consolidation of OPSM Group results for the entire year ended December 31, 2003 (as it is in 2004) and the consolidation of Cole National results for the last three months of 2003 (as it is in 2004). Luxottica 2014 Annual Review: Results for the 2014 fiscal year were extraordinary with record revenue and profitability. €802 million. Fashionable people buy multiple pairs, which is one reason for the success at Luxottica Group (LUX). For fiscal 2004, Luxottica Group posted net sales and net income respectively of €3,223.9 and €286.9 million. In 2013, Luxottica set a new net sales record of more than Euro 7.3 billion, an increase of +7.5% at constant exchange rates 2 and +3.2% at current exchange rates compared to 2012. Luxottica Group is a market leader in the design, manufacture and distribution of fashion, luxury, sports and performance eyewear. In order to continuously improve and innovate its tools and processes, Luxottica Group has set up a new eProcurement Portal.This tool aims to become the preferred method of communication and interaction between Luxottica Group and its suppliers. A fiscal year (or financial year, or sometimes budget year) is used in government accounting, which varies between countries, and for budget purposes.It is also used for financial reporting by businesses and other organizations. Luxottica Group, based on a €1 = US$1.30 average exchange rate for the full year and an expected tax rate of between 37 percent and 40 percent, forecasts the following results for fiscal year 2005: • Sales: from €4,000 million to €4,150 million • Earnings per share: from €0.68 to €0.70 (earnings per ADS from US$0.88 to US$0.91) • Net debt/EBITDA: from 2.0x to 2.2x5 Luxottica Group’s consolidated results for the fourth quarter and fiscal year 2004 were approved today by its Board of Directors. A calendar year always begins on January 1. Dollars per Euro) (1.2435) (1.1307) (2) Weighted average number of outstanding shares (448,275,028) (448,664,413) (3) Fully diluted average number of shares (450,360,942) (450,202,173) (4) Except earnings per share (ADS), which are expressed in Euro and U.S. Further, these adjusted financial measures are one of the primary indicators management uses for planning and forecasting in future periods. (Accounting years of January 1 through December 31 are known as calendar years.) For fiscal 2004, Luxottica Group posted net sales and net income respectively of €3,223.9 and €286.9 million. Strong free cash flow generation was once again one of the main highlights of Luxottica Group results. In nomenclature, if a fiscal year covers more than one calendar year it is designated by the calendar year in which it ends; for example, the U.S. government's fiscal year from October 1, 2008 to September 30, 2009 is called "FY 09." Such statements involve risks, uncertainties and other factors that could cause actual results to differ materially from those which are anticipated. The figure is about the latest fiscal year available. Consolidated results for the quarter and the full year include the consolidation of the Cole National business as of October 4, 2004. See table above for a reconciliation of the operating measures excluding the impact of fluctuations in currency exchange rates to their most directly comparable U.S. GAAP financial measures. Such risks and uncertainties include, but are not limited to, fluctuations in exchange rates, economic and weather factors affecting consumer spending,  the ability to successfully introduce and market new products, the ability to successfully launch initiatives to increase sales and reduce costs, the availability of correction alternatives to prescription eyeglasses, the ability to effectively integrate recently acquired businesses, including Cole National, risks that expected synergies from the acquisition of Cole National will not be realized as planned and that the combination of Luxottica Group’s managed vision care business with Cole National will not be as successful as planned, as well as other political, economic and technological factors and other risks referred to in Luxottica Group’s filings with the U.S. Securities and Exchange Commission. Primary indicators management uses for planning and forecasting in future periods in Euro included total... 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