French opthalmic lens maker Essilor International SA (EI.FR)
Thursday confirmed its growth targets for 2013, as it reported a 3%
increase in first-half net profit lifted by new product launches,
and stronger sales in Brazil, China and India.
MAIN FACTS:
- Net profit in the six months ended June rose to 310 million
euros ($413 million) from EUR301 million a year ago.
- Essilor still expects revenue growth to be close to 7% in
2013, with profitability confirmed at a high level.
- First-half revenue increased 1.8% to EUR2.78 billion from
EUR2.53 billion in the same period last year.
-"Our first-half results reflect Essilor's ability to implement
operations worldwide while maintaining high margins. The Company's
profitability improved thanks to new products and manufacturing
efficiency, despite the impact on sales growth of high prior-year
comparatives," said chief executive Hubert Sagnieres.
-Write to Noemie Bisserbe at noemie.bisserbe@wsj.com
Order free Annual Report for Essilor International SA
Visit http://djnweurope.ar.wilink.com/?ticker=FR0000121667 or
call +44 (0)208 391 6028
Order free Annual Report for Essilor International SA
Visit http://djnweurope.ar.wilink.com/?ticker=US2972842007 or
call +44 (0)208 391 6028
Subscribe to WSJ: http://online.wsj.com?mod=djnwires