Luxottica sales continue to decline in the second quarter

The Italian group Luxottica, the world's leading high-end eyeglbad, announced Monday a turnover down 4.9% in the second quarter, to 2417 million euros.

The turnover is down compared to the first quarter, which recorded a decline of 10.7% to 2100 million euros.

At constant exchange rate, the turnover increased 1.4% in the second quarter.

During the first six months of the year, the turnover, set at 4553 million euros, decreased by 7.7%, but at constant exchange rate it has increased by 0%,

Luxottica recorded in the second quarter "an excellent performance in the retail and e-commerce platforms division as well as solid growth in North America and Asia-Pacific", they said in a statement. "I am very pleased with the good results of the group, and the growth of the markets on which we have implemented the new business strategies, such as North America and Asia-Pacific, confirms the accuracy of these initiatives "congratulated it Leonardo Del Vecchio

" We hope with serenity and confidence the evolution of Europe, where we still reorganize our distribution policy, "he added. "Given the positive trends in July, we have confirmed the outlook for 2018," concludes Leonardo Del Vecchio.

Luxottica's main market remains North America, which accounted for 57% of your business turnover followed by Europe (24% of sales) and Asia Pacific (12%). % Sales).

Luxottica will merge here in late July with the French group Essilor, the world 's leading progressive lens, to become the world' s leading optical player with a market capitalization of more than 50 billion euros.

The two companies are still waiting for the approval of the Chinese competition authority, "suspensive condition to finalize the agreement" after receiving the green light from the European and American authorities.