Essilor 3Q Sales +6.4% At EUR1.04 Billion Led By Emerging Markets
21 Ottobre 2011 - 8:04AM
Dow Jones News
French ophthalmic lens maker Essilor SA (EI.FR) Friday
reaffirmed its outlook for 2011 as it reported a 6.4% rise in third
quarter revenue boosted buy acquisitions and growth in emerging
markets.
MAIN FACTS:
- Revenue rose to EUR1.04 billion in the third quarter of this
year from EUR977 million in the third quarter of 2010.
- On a like-for-like basis, which excludes the impact of
acquisitions and foreign exchange fluctuations, revenue rose 4.4%
in the third quarter.
- For 2011, Essilor reaffirmed its objectives of revenue growth
of 6% to 8% excluding the currency effect and strategic
acquisitions, and a stable contribution margin excluding strategic
acquisitions.
- Essilor has acquired 17 companies since the beginning of the
year, representing additional full-year revenue of approximately
EUR90 million.
- Between July and September, Essilor purchased 226,655 of its
own shares on the market, for a total of EUR11.3 million.
- By Paris Bureau, Dow Jones Newswires; +331-4017-1740;
djnews.paris@dowjones.com
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