EssilorLuxottica SA (EssilorLuxottica), formerly Essilor International Compagnie Generale d'Optique SA, designs, manufactures and distributes ophthalmic lenses, reading glasses and optics equipment. The company offers a range of corrective lenses for correcting visual disorders such as myopia, hypermetropia and astigmatism. It also manufactures and sells non-prescription reading glasses, sunglasses, equipment, instruments and consumables used by prescription laboratories and eyecare professionals. EssilorLuxottica has manufacturing facilities across North America, Latin America, Europe and Asia Middle East, Russia and Africa (AMERA). The company sells its products through a network of distributors in the Europe, the Middle East, Africa and Asia-Pacific. EssilorLuxottica is headquartered in Charenton-Le-Pont, Paris, Francex.
Headquarters
France
Address
147 Rue De Paris, Charenton-Le-Pont, Ile-de-France, 94220
Website
www.essilorluxottica.com
Telephone
33 1 49774224
No of Employees
191,706
Industry
Consumer Packaged Goods
Ticker Symbol & Exchange
EL (EPA)
Revenue (2022)
$27.5B
3.7%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
6.3%
(2022 vs 2021)
Market Cap*
$97.9B
Net Profit Margin (2022)
XYZ
2.5%
(2022 vs 2021)
* As of and is in US$
EssilorLuxottica SA premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Progressive Lenses | Consulting Services for Prescription Laboratories | Airwear |
| Ergonomic Lenses | Edging and Mounting | Crizal |
| Polycarbonate Lenses | Crizal Avance with Scotchgard Protector | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Acquisitions/Mergers/Takeovers | In April, the company acquired Washin Optical Co. |
| 2024 | Contracts/Agreements | In March, the company entered into a partnership with Ferrari to launch eyewear collections. |
| 2024 | Contracts/Agreements | In February, the company renewed its licensing agreement with Michael Kors to manufacture prescription frames and sunglasses under the Michael Kors brand. |
Competitor Comparison
| Key Parameters | EssilorLuxottica SA | Carl Zeiss AG | Hoya Corp | The Cooper Companies Inc | STAAR Surgical Company |
|---|---|---|---|---|---|
| Headquarters | France | Germany | Japan | United States of America | United States of America |
| City | Charenton-Le-Pont | Oberkochen | Shinjuku-Ku | San Ramon | Lake Forest |
| State/Province | Ile-de-France | Baden-Wurttemberg | Tokyo | California | California |
| No. of Employees | 191,706 | 43,000 | 36,571 | 15,000 | 1,056 |
| Entity Type | Public | Private | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Francesco Milleri | Chief Executive Officer; Chairman | Executive Board | 2022 | - |
| Paul Du Saillant | Director; Deputy Chief Executive Officer | Executive Board | 2020 | - |
| Stefano Grassi | Chief Financial Officer | Senior Management | 2021 | - |
| Virginie Mercier Pitre | Director - Valoptec Association | Senior Management | 2022 | - |
| Massimiliano Mutinelli | President - Optical Retail EMEA | Senior Management | 2022 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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