Luxottica Boosted by Currency, U.S.

May 12, 2015 1088

Currency tailwinds and a strong performance in the U.S. and Europe sustained Italian eyewear giant Luxottica Group SpA in the first quarter, leading to record sales and operating profits as well as double-digit gains in net income.


After the close of trading Monday in Milan, where Luxottica is listed, the company said that in the first three months of 2015 net profit surged 32.4 percent in the period, to 210.4 million euros, or $237.8 million. Sales reached 2.25 billion euros, or $2.54 billion, a new record and up 22.2 percent on the year-earlier period.

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Source: http://mefite.ice.it/

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