Essilorluxottica Sa · EURONEXT:EL
Essilorluxottica Sa — Q1 2025 Earnings Presentation
13 slides from Essilorluxottica Sa's earnings presentation, Apr 23, 2025
Slide 1: Q1 Revenue 2025
Q1 Revenue 2025 April 23, 2025 Shanghai International Optics Fair
Slide 2: Financial Highlights
Financial Highlights • Group’s revenue up 8.1% at current and 7.3% at constant exchange rates in Q1 • Sound growth in both PS and DTC channels, with comparable-store sales up 8% • EMEA growing 10% at constant exchange rates, equally boosted by the two channels • NA growing 4%, with solid trends in D
Slide 3: Q1 Revenue 2025
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Slide 4: Q1 revenue by segment, 2025 vs 2024
Q1 revenue by segment, 2025 vs 2024 Change at constant Change at current € million Q1 2025 Q1 2024 exchange rates exchange rates Professional Solutions 3,236 3,080 +4.4% +5.1% Direct To Consumer 3,612 3,255 +10.1% +11.0% EssilorLuxottica 6,848 6,335 +7.3% +8.1% Q1 Revenue 2025 4
Slide 5: Q1 revenue by region, 2025 vs 2024
Q1 revenue by region, 2025 vs 2024 Change at constant Change at current € million Q1 2025 Q1 2024 exchange rates exchange rates North America 3,079 2,875 +4.2% +7.1% EMEA 2,548 2,321 +9.9% +9.8% Asia-Pacific 852 768 +10.4% +11.0% Latin America 369 371 +9.2% -0.5% EssilorLuxottica 6,848 6,335 +7.3% +
Slide 6: Q1 Revenue 2025
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Slide 7: Store Count on March 31, 2025
Store Count on March 31, 2025 North Asia- Latin Corporate Franchising Total EMEA America Pacific America Stores & Other Storecount Sunglass Hut 1,571 570 307 436 2,884 237 3,121 LensCrafters 1,012 79 1,091 9 1,100 Vision Express 844 844 117 961 Apollo 675 675 220 895 Target Optical 577 577 577 MasVi
Slide 8: Q1 Revenue 2025
Q1 Revenue 2025 8
Slide 9: North America revenue +4.2% in Q1
North America revenue +4.2% in Q1 PROFESSIONAL SOLUTIONS • Revenue trend flattish • Key accounts advancing fast, independent more muted on lenses • Ray-Ban Meta contributing to growth DIRECT TO CONSUMER • Sound growth in brick-and-mortar and online, plus Supreme consolidation • LensCrafters and Targ
Slide 10: EMEA revenue +9.9% in Q1
EMEA revenue +9.9% in Q1 PROFESSIONAL SOLUTIONS • Strong growth across all categories, including Ray-Ban Meta • Frames leading as a driver, with both optical and sun on the rise • Lenses growing with Transitions, Eyezen, Stellest and Nikon DIRECT TO CONSUMER • Same-store sales growing at high-single
Slide 11: Asia-Pacific revenue +10.4% in Q1
Asia-Pacific revenue +10.4% in Q1 PROFESSIONAL SOLUTIONS • Sound performance in China, supported by myopia solutions and pick-up in frames • Myopia solutions up by around 30% in China, led by Stellest and Nikon DOT • India, South East Asia and Japan aligned on a solid growth path DIRECT TO CONSUMER
Slide 12: Latin America revenue +9.2% in Q1
Latin America revenue +9.2% in Q1 PROFESSIONAL SOLUTIONS • Brazil growing with both frames and lenses, with Transitions Gen S advancing fast • Óticas Carol leveraging the renewed franchising program on store format and product assortment • Colombia nicely growing, with Transitions as a catalyst DIRE
Slide 13: Q1 Revenue 2025
Q1 Revenue 2025 13