All Financial results articles – Page 4
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News briefs
Higher than expected rebound for Carl Zeiss Meditec in Q2
Carl Zeiss Meditec has announced better than expected results for the quarter ended March 31 (Q2) as sales jumped by 19 percent year-on-year to €560 million based on preliminary data. The strong growth was driven by Dutch Ophthalmic Research Center (DORC), a business acquired last year and integrated from April ...
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News briefs
Johnson & Johnson sales inch up in Q1 despite a slight dip in international markets
Johnson & Johnson generated contact lens sales of $919 million in the first quarter of 2025, up by a reported 1.0 percent compared to the year earlier and 2.7 percent higher at constant-currency rates. Growth was driven by continued strategic price actions and a strong performance in the Acuvue-Oasys 1-Day ...
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News briefs
Weak sales for LVMH in Q1
LVMH has reported a 2 percent year-on-year decline in Q1 revenue to €20.3 billion. On an organic basis, sales declined by 3 percent, dragged down by the Wines & Spirits (-8%) and the Fashion & Leather Goods (-8%) segments. By region, Europe was the only growing market in the quarter ...
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News briefs
JINS H1 revenue up 18%, driven partly by inbound tourism
Jins Holdings has reported a 17.9 percent year-on-year increase in H1 revenue to 44.8 billion Japanese yen (€276m). The strong performance was driven by a 20.2 percent jump in domestic sales to ¥34.8 billion (€214m), while the international segment grew by 10.7 percent. The Japan-based company said that the sharp ...
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ArticleEuropean market softness weighs on Inspecs FY2024 results
Slightly correcting preliminary results communicated at the end of January, INSPECS Group has announced that its revenue amounted to £198.3 million (€228.8m) in fiscal 2024, down by 2.5 percent year over year. In constant currencies, the group’s topline was flat versus FY 2023. As shown in our table below, sales ...
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News briefs
Titan eye care retail business up 5% in 2024
Titan Company, an Indian retail group operating over 2,000 stores across different sectors, has reported revenues of Rs724 crore (€75m) for its eyecare division in fiscal 2024, up by 5.1 percent from the previous year. The Ebit margin was down by 2.5 percentage points to 11.7 percent. International brand sales ...
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ArticleConant Optical revenue and profit up sharply in 2024 on volume and price mix effects
Annual sales were up by 18 percent to RMB 2,061 million. The company is investing into increasing production capacities and smart eyewear lens R&D.
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ArticleMarcolin improves margins on slightly declining sales
Announcing preliminary results ahead of its general assembly scheduled for April 7, Marcolin has reported that its total sales declined by 2.2 percent year on year to €545.8 million. At constant exchange rates, revenue was down by 1.8 percent, but it was up by 2.1 percent on a like-for-like basis ...
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ArticleMister Spex expects discount detox and repositioning to start paying off in 2025
Revenue declined by 3 percent in 2024, including a double-digit drop in Germany in Q4. Turning around the business turnaround will take time as the group expects a 5-10 percent sales decline and an improving but still largely negative EBIT margin in FY 2025.
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News briefs
Innovative Eyewear revenue jumps 42% but bottom line dips further into red ink
Innovative Eyewear, a Florida-based smart eyewear company, has reported a 42 percent year-on-year jump in revenue to $1.6 million in fiscal 2024. The company, which develops audio and AI smart glasses under its own Lucyd brand and licences (Nautica, Eddie Bauer), said that the performance was driven by strong volume ...
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ArticleFrance drove Q2 revenue 3% uptick for Afflelou but Spain grew at a faster pace
Afflelou Group has reported total network sales for the second quarter of its 2025 fiscal year that have increased by 3.3 percent to €238.8 million, indicating a deceleration from the previous quarter (+5.8 percent). For the first six months of the year, total sales were up by 4.5 percent to ...
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News briefsMicrooled, Quanta and STM partner on AR sports smart glasses blanks
Three companies have come together to produce blanks for augmented-reality (AR) smart glasses. Their idea is to produce a frame with built-in electronics but leave the rest open for third parties to “customize” with their own services or additional tiny devices. They’re calling it a “reference design” and aiming it ...
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ArticleOptic 2000 revenue flattish in 2024
Total group revenue was up by 1.1 percent year on year to €1,308 million last year, with sales of flagship banner Optic 2000 inching up by 0.6 percent.
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News briefs
Multiópticas revenue up 8 percent in 2024
Spanish-based retail group Multiópticas has communicated that its sales grew by 8 percent last year, but it did not provide a value number. The growth was driven by the strong performance in progressive lenses (+25 percent) and hearing aids (+28 percent). The company, whose store network includes approximately 550 locations, ...
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News briefs
SuperVista reports €161m revenue for FY 2024
German-based retail group SuperVista has announced that its revenue amounted to €160.6 million in 2024, exceeding its €149 million forecast, with a 13 percent operating Ebitda margin. The company, however, did not provide year-on-year comparisons. In the first six months of last year, its sales were up by 2.6 percent ...
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ArticleVuzix beefs up capacity and tech in anticipation of expected smart eyewear takeoff
The production ramp-up was mostly financed through Quanta Computer’s investment in the company. Meanwhile, net losses for the year rose to $73 million, raising the company’s accumulated deficit to $367 million.
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ArticleJEH forecasts 68% revenue growth by 2030 after strong FY 2025
FY 2024/25 revenue was up by 23 percent to ¥16.6 billion (€103.4m) while operating margin rose sharply, reaching 32.0 percent.
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ArticleSafilo confirms FY 2024 results, provides more details on segment and regional performance
The Italian eyewear group revenue slipped slightly below the €1 billion mark in 2024, dragged down by its American business and the sunglasses and sport segments. Margins improved, however, thanks notably to a leaner industrial structure.
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ArticleCooperVision posts 6% Q1 revenue growth, driven by the Americas amid EMEA and APAC slowdown
The company is maintaining its guidance for a 6.5-8.5 percent sales growth in contact lenses sales as production capacity increase plans are ahead of schedule and expected to pay off in coming months.
