EssilorLuxottica margin just below expectations on inflation hit
By Bloomberg Published Feb 14, 2024 EssilorLuxottica SA, the owner of the Ray-Ban and Oakley brands, reported margins just below analyst expectations as the French-Italian eyewear maker fought higher costs and persistent inflation by increasing synergies and posting solid revenue growth. Adjusted operating margin for 2023 reached 16.5% at current exchange rates, slightly below Bloomberg [...]read moreEssilorLuxottica margin just below expectations on inflation hit