Financial Results – Page 8
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ArticleBausch + Lomb Q4 contact lens sales fall 4%, prepares to launch SiHy lenses in new markets
Bausch + Lomb reported fourth quarter sales of its contact lenses totaling $219 million, down by a reported 4 percent on the year earlier but reflecting 4 percent organic growth, as it announced plans to expand the sale of its successful Infuse/Ultra One Day daily disposable silicone hydrogel contact lenses ...
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ArticleSynsam keeps growing but adjusts to tougher market
Reporting its results for the fourth quarter of 2022 and the full year, leading Nordic retailer Synsam Group said that its double-digit revenue hike resulted in market share gains in a challenging market environment. The company’s growth pace is however slowing down and profitability declined sharply year-on-year on strong network ...
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ArticleKering Eyewear speeds over the €1bn mark
Kering Eyewear has reported €1,115 million in annual revenue for 2022, up by 59.7 percent from 2021, with an almost equal contribution to growth from acquisitions and existing portfolio. In the last two years, the subsidiary of French luxury group Kering has more than doubled its topline figure. In more ...
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ArticleHOYA announces mixed Q3 results, global partnership with NIDEK
HOYA CORPORATION revenue inched up by 1 percent year-on-year in Q3 to 173.5 billion Japanese yen (€1.2 bn) as the continuous – albeit slowing – growth in its Life Care segment’s sales and currency tailwinds offset a sharp decline in the IT division business. At constant rates, the group’s topline ...
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ArticleInspecs 2022 revenue up 9%
Inspecs Group has just released a trading update for its business in 2022, in line with the previous update announced in October and showing signs of improvements that sent the group’s share price up by more than 40 percent on the day of the announcement. At 94 pence now, the ...
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ArticleGood 2022 results for Safilo, but Longarone plant’s future uncertain
While showing positive results for 2022, with increases in both revenue and margins, the statement released by the Safilo Group yesterday (Jan. 26) raised concerns about the future of its Longarone plant and its 500 employees. In the opening remarks of its financial announcement, Safilo said that its board of ...
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ArticleJohnson & Johnson Q4 CL sales grow 7.7% at constant fx
Johnson & Johnson’s global sales of contact lenses in the fourth quarter decreased by a reported 0.2 percent to $831 million as currency headwinds hit the top line. Sales at constant currency rates instead jumped by 7.7 percent, as the company highlighted the strong performance of its Acuvue Oasys 1-Day ...
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ArticleAfflelou up 2.1% in Q1 with return to growth in France
The Afflelou group has posted a 2.1 percent year-on-year increase in network sales to €213 million for the first quarter of its 2022 financial year, ended on Oct. 31, with growth in all its markets in spite of the troubled macroeconomic environment. On a like-for-like basis, sales were up by ...
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ArticleZeiss Vision Care up double digits in 2021/22
Zeiss Vision Care, the main business unit within the Consumer Markets segment of the ZEISS Group, has reported a double-digit increase in revenue at constant exchange rates for its 2021/22 fiscal year, ended Sept. 30, compared to the previous year, with market share gains in all regions. The company does ...
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ArticleCarl Zeiss Meditec ends year with 15 % topline growth and full order book
Carl Zeiss Meditec has reported annual revenue of €1,903 million for its 2021/22 fiscal year, an increase of 15.5 percent in reported terms and of 13.3 percent at constant exchange rates compared to the previous year. Orders received increased at an even faster pace (27.7 percent in constant currencies) to ...
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ArticleRecord revenue but lower margins for Cooper
CooperCompanies has reported mixed results for its last fiscal quarter of the year as well as for the full year. While the group’s revenue continued to grow at a double-digit pace year-on-year reaching record levels in both business units, CooperVision (CVI) and CooperSurgical, profit ratios declined significantly. CVI Q4 revenue ...
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ArticleSlight profitability decline for Specsavers in 2021/22 as investments resumed
According to the Specavers group’s official financial filings to the U.K. commerce register, the optical retail giant has seen its operating profits increase marginally to £449 million (€520 m) in the fiscal year ended Feb. 28, 2022, from £445 million (€513 m) in the previous year. However, as total revenue ...
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ArticleSynsam keeps double-digit sales’ growth pace but profit ratios decline
Reporting on its performance during the third quarter of 2022, the Synsam Group said that it increased its market share in a weak consumer market, with sales growing double-digits, and that it continued to invest for future growth, which led to a reduction in profit ratios. Total sales were up ...
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ArticleWarby Parker adjusts outlook upwards after beating guidance in Q3
Warby Parker tweaked its guidance for the full year, raising it slightly after achieving third quarter results that were moderately above expectations but maintaining a cautious outlook due to inflation, shifts in consumer demand and lingering Covid-19 pandemic effects. The U.S.-based direct-to-consumer (D2C) company now expects sales for the full ...
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ArticleAfflelou sales up 2 percent for the year despite Q4 slowdown
The Afflelou group has reported a 1.9 percent year-on-year increase in network sales for its fiscal year ended July 31, with low single-digit hikes in its two main markets, France and Spain. The group stressed that the annual growth in sales was achieved in spite of a temporary decline in ...
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ArticleMister Spex maintains guidance after outperforming market in Q3
Mister Spex maintained its guidance for the full year after outperforming the market in the third quarter and despite historically low consumer confidence in its core German market that prompted it to reel in expectations in September. In the third quarter, revenues at the omnichannel retailer increased by 18 percent ...
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ArticleQ3 sales and profits’ decline in Germany weigh on Fielmann results
One week after the announcement of mixed preliminary results for the third quarter and the first nine months of 2022, the Fielmann group has just released more details, in particular for the geographic breakdown of its sales and income. In this article, we only focus on newly published data. As ...
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ArticleMarcolin confirms sales momentum, margins’ consolidation in Q3
The Marcolin group has confirmed in the third quarter the positive revenue trend observed since the start of the year, with Q3 sales increasing by 24.3 percent year-on-year to €126 million in reported terms. For the first nine months of the year, the company’s topline has reached €410 million up ...
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ArticleSafilo maintains growth pace, except in the U.S., improves margins
The Safilo Group has reported a 14.9 percent year-on-year revenue increase to €260.4 million for the third quarter of the current fiscal year, as a 5.6 percent rise in organic sales was further boosted by favorable currency effects linked to the strong U.S. dollar. Organic sales include the group’s proprietary ...
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ArticleFielmann sticks to long-term plan as headwinds pressure sales and profits
According to preliminary figures released yesterday ahead of its third quarter report slated for next week, Fielmann has reported flat year-on-year sales and a significant drop in profit ratios. The German-based group explained that it was facing particularly strong macroeconomic headwinds, particularly in its domestic market where consumer sentiment stands ...
