Essilorluxottica Sa · EURONEXT:EL
Essilorluxottica Sa — Q2 2026 Earnings Presentation
18 slides from Essilorluxottica Sa's earnings presentation, Jul 28, 2026
Slide 1: Q2/H1 2026 Results
Q2/H1 2026 Results July 28, 2026
Slide 2: Financial Highlights
Financial Highlights • Group’s revenue grew 9.7% in H1 at constant exchange rates, with Q2 at +8.7% • Retail comparable-store sales +8.0% in Q2, with optical and sun banners equally contributing • North America, EMEA and Latin America up high-single digit in Q2, Asia-Pacific up double digits • Core
Slide 3: Q2/H1 2026 Results
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Slide 4: Revenue Growth
Revenue Growth Constant Current exchange rates exchange rates Q2 2026 vs 2025 Group Revenue +8.7% +7.2% H1 2026 vs 2025 Group Revenue +9.7% +5.7% Q2/H1 2026 Results 4
Slide 5: Financial Highlights
Financial Highlights Constant Current exchange rates exchange rates H1 2026 ADJUSTED OPERATING PROFIT 18.9% 18.6% AS A % OF REVENUE ADJUSTED NET PROFIT 13.3% 13.0% AS A % OF REVENUE Q2/H1 2026 Results 5
Slide 6: Q2/H1 2026 Results
Q2/H1 2026 Results 6
Slide 7: Q2 revenue by segment, 2026 vs 2025
Q2 revenue by segment, 2026 vs 2025 Change at constant Change at current € million Q2 2026 Q2 2025 exchange rates exchange rates Professional Solutions 3,454 3,329 +4.9% +3.8% Direct To Consumer 4,237 3,846 +11.9% +10.2% EssilorLuxottica 7,692 7,175 +8.7% +7.2% Q2/H1 2026 Results 7
Slide 8: Q2 revenue by region, 2026 vs 2025
Q2 revenue by region, 2026 vs 2025 Change at constant Change at current € million Q2 2026 Q2 2025 exchange rates exchange rates North America 3,249 3,104 +7.2% +4.7% EMEA 3,047 2,856 +8.0% +6.7% Asia-Pacific 979 849 +17.0% +15.2% Latin America 417 366 +6.7% +14.1% EssilorLuxottica 7,692 7,175 +8.7%
Slide 9: H1 revenue by segment, 2026 vs 2025
H1 revenue by segment, 2026 vs 2025 Change at constant Change at current € million H1 2026 H1 2025 exchange rates exchange rates Professional Solutions 6,817 6,565 +7.8% +3.8% Direct To Consumer 8,001 7,459 +11.4% +7.3% EssilorLuxottica 14,818 14,024 +9.7% +5.7% Q2/H1 2026 Results 9
Slide 10: H1 revenue by region, 2026 vs 2025
H1 revenue by region, 2026 vs 2025 Change at constant Change at current € million H1 2026 H1 2025 exchange rates exchange rates North America 6,374 6,184 +9.9% +3.1% EMEA 5,785 5,404 +8.7% +7.1% Asia-Pacific 1,853 1,702 +13.4% +8.9% Latin America 806 735 +6.7% +9.7% EssilorLuxottica 14,818 14,024 +9
Slide 11: Q2/H1 2026 Results
‘ail ee ait 2026 Results " EssilorLuxottica
Slide 12: Adjusted Statement of Profit or Loss
Adjusted Statement of Profit or Loss Constant Current € million H1 2026 H1 2025 exchange exchange rates rates Revenue 14,818 14,024 +9.7% +5.7% Cost of sales (5,407) (5,128) +9.6% +5.4% Gross profit 9,411 8,896 +9.7% +5.8% Margin % 63.4% 63.5% 63.5% Total operating expenses (6,660) (6,364) +7.6% +4.
Slide 13: Free Cash Flow & Net Debt
Free Cash Flow & Net Debt • Free cash flow at Euro 1.07 billion • Net Debt at Euro 13.39 billion on 30 Jun 2026 (including lease liabilities of Euro 3.91 billion) • Net Debt / EBITDA LTM at 2.0x • Cash & Cash Equivalents at Euro 1.93 billion Q2/H1 2026 Results 13
Slide 14: Q2/H1 2026 Results
Q2/H1 2026 Results 14
Slide 15: Store Count
Store Count As of June 30, 2026 As of December 31, 2025 North America 3,920 3,814 EMEA 5,986 6,046 Asia-Pacific 3,613 1,682 Latin America 2,151 2,142 Total Corporate Stores 15,670 13,684 Franchising & Licensing 4,016 4,066 Total Store Count 19,686 17,750 Q2/H1 2026 Results 15
Slide 16: EssilorLuxottica
EssilorLuxottica
Slide 17: Empowering Humans
We are Empowering OneSight is the most inclusive expression of EssilorLuxottica’s mission: Humans Empowering Humans Inspired by its mission to Empower We IMPROVE uncorrected poor vision Humans, EssilorLuxottica is committed to expanding access to vision care for people We EXPAND access and communiti
Slide 18: ASHA Workers Program
ASHA1 WORKERS PROGRAM 1 (Accredited Social Health Activist) Providing wellbeing to those who care for others Partnering with the Government of Karnataka to refresh training to 40.000 Accredited Social Health Activists to conduct community vision screenings, manage patient referrals, and providing th