Finance
EssilorLuxottica's first-half operating profit up 4.1%
Published by Global Banking & Finance Review®
Posted on July 28, 2025
2 min readLast updated: January 22, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on July 28, 2025
2 min readLast updated: January 22, 2026
EssilorLuxottica's first-half operating profit increased by 4.1%, aided by acquisitions like Supreme. Despite U.S. tariffs, North American sales rose 5.5%.
MILAN (Reuters) -Operating profit at EssilorLuxottica rose a slightly smaller-than-expected 4.1% in the first half of the year, the Franco-Italian eyewear and optical lenses group said on Monday, as it dealt with the impact of U.S. tariffs.
First-half adjusted operating profit totalled 2.53 billion euros ($2.94 billion), slightly below a Visible Alpha analyst consensus of 2.55 billion euros.
Second-quarter revenue rose 3.2% at current exchange rates, weighed down by a weaker U.S. dollar, but helped by the acquisition of streetwear brand Supreme and Heidelberg Engineering. Net of the exchange effect, the increase was 7.3%.
The group confirmed its long-term outlook.
Sales in North America, the group's main market, rose 5.5% at constant exchange rates, helped by the Supreme acquisition.
Ray-Ban Meta smartglasses - which currently account for a very small portion of revenues, but are being closely watched for their future prospects - more than tripled in revenue in the first half, the group said.
"We are leading the transformation of glasses as the next computing platform, one where AI, sensory tech and a data-rich healthcare infrastructure will converge," said Chairman and CEO Francesco Milleri and Deputy CEO Paul du Saillant in a statement.
($1 = 0.8607 euros)
(Reporting by Elisa Anzolin, editing by Alvise Armellini and Jan Harvey)
Operating profit is the income generated from a company's core business operations, excluding deductions of interest and taxes. It reflects the efficiency of the company in managing its operations.
Acquisitions refer to the process where one company purchases most or all of another company's shares to gain control. This can help companies expand their market reach and capabilities.
Revenue growth is the increase in a company's sales over a specific period, indicating its ability to expand its business and increase its market share.
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