Essilor Luxottica (ESLOF) Q1 2025 Earnings Call

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WEBVTT 00:00:00.051 -- 00:00:02.012 Good morning and good afternoon, everybody. 00:00:02.012 -- 00:00:07.054 This is Giorgio Ianella from the IR team. Thank you for joining S0 Luxottica Q1 00:00:07.054 -- 00:00:09.415 Revenue Management Call. 00:00:09.415 -- 00:00:14.517 The Group CFO, Stefano Grassi, will elaborate about the revenue drivers of the first 00:00:14.517 -- 00:00:19.829 quarter of the year. After this presentation, there will be a 30-minute Q&A 00:00:19.829 -- 00:00:24.832 session. If you want to make a question, please press star followed 00:00:24.832 -- 00:00:26.273 by 5. 00:00:26.273 -- 00:00:31.075 We kindly ask you to limit your questions to a maximum of 2. 00:00:31.075 -- 00:00:33.177 With that, I hand it over to Stefano. 00:00:33.177 -- 00:00:35.177 Hello 00:00:35.278 -- 00:00:38.739 everyone and welcome to our Q1 2025 results. 00:00:39.903 -- 00:00:44.964 We're here today to comment an excellent start of 2025, despite a 00:00:44.964 -- 00:00:51.266 microenvironment that is clearly more uncertain than ever seen in recent years. 00:00:51.266 -- 00:00:56.347 AstroLuxottica delivered a first quarter with revenue up 7.3% at constant currency 00:00:56.347 -- 00:00:59.347 and 8.1% at current exchange results. 00:01:02.470 -- 00:01:07.357 Asia Pacific was up double digit, while EMEA delivered 00:01:07.357 -- 00:01:10.260 a 9.9% top line growth at constant currency. 00:01:10.260 -- 00:01:13.172 Latin America was approximately 9%, 00:01:13.264 -- 00:01:18.291 and our North America region delivered a mid-single digit quarter with a 4% 00:01:18.291 -- 00:01:23.929 top line growth. The impact of the two recently acquired, Heidelberg Engineer 00:01:23.929 -- 00:01:29.132 and Supreme, accounts for about two percentage points in our top-line growth profile. 00:0...