Essilor Luxottica (ESLOF) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and good afternoon, everybody. This is Giorgio Ionella from the IR team. Thank you for joining S0 Luxottica third quarter revenue management call. The group CFO, Stefano Grassi, will walk you through the revenue performance of the last quarter. After his presentation, there will be a 30-minute Q&A session. If you want to make a question, please press star followed by five. We kindly ask you to limit your questions to a maximum of two. With that, I hand it over to Stefano. Good morning and welcome to our third quarter revenue results. We couldn't imagine today a better start of the second half of this year for AstroLuxottica, where our revenue posted a record high growth of 11.7% at constant currency. The best result ever for AstroLuxottica. The three largest geographies deliver all the double-digit growth with North America up 12.1%, with EMEA up 12.7%, with Asia-Pacific up 10.5%. Latin America deliver mid-single-digit quarter with a top line up 5.2%. Both our segment, Professional Solutions and Direct-to-Consumer, deliver a double-digit quarter. As an additional info for today's call, the two acquisitions, Heidelberg and Supreme, account for about 2 percentage points in our sales growth. The wearable products play a major role in our third quarter growth profile. We really now are building a brand new category with unprecedented opportunities to develop products and services that are associated with our glasses that now, I would say more than ever, should be imagined as a platform device. Just to give you an idea, our wearable category accounts for more than 4 percentage points in our growth profile at Constant Currency, and the exciting product pipelines that have been recently presented at the Meta Connector and that are about to hit the market, like ...