EssilorLuxottica
Company Snapshot
Founded: 2018
Entity Type: Public
Employees: 200,000
Region: North America
Revenue: $28,687.2 Millions
Revenue Year: 2024
Headquarter: Paris, France
Key Geographics: North America, Europe, Middle-East and Africa, Asia-Pacific, Latin America
Company Overview
EssilorLuxottica is a top player in the ophthalmic device, diagnostics, and surgical equipment market. It was formed by merging two significant companies, Essilor and Luxottica, in 2018. The company is a fully integrated multinational corporation that designs various eyecare products across all value chain stages. The company designs, manufactures, and distributes ophthalmic lenses, frames, and sunglasses. The company also develops and markets equipment for prescription laboratories and provides services for eye care professionals. Essilor and Luxottica function as subsidiaries of the parent company EssilorLuxottica.
Financial Highlights (FY 2023)
Net Revenue: ***
Total Current Liabilities: ***
Total Current Assets: ***
R&D expenses: ***
Operating Income: ***
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EssilorLuxottica In News
Company's Business Segments
- Professional Solutions : Eyecare professionals ranging from independent opticians to third-party e-commerce platforms, Optical retail banners, Specialty sun retailers, Sports channels offering Oakley and Costa branded apparel, Footwear and Accessories (AFA), Department stores, Duty-free shops.
- Direct to Consumer : Managed vision care, Eye-exam and related professional fees, Income from franchisee royalties, Sub-lease Income.
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