EssilorLuxottica Q3 Revenue Rises 9.0% as Asia-Pacific Grows 15.7%
EssilorLuxottica Q3 Results: Asia-Pacific Surges 15.7% as Myopia Management and Lens Premiumisation Drive Global Growth
EssilorLuxottica reported consolidated Q3 revenue of €7,486 million, a 9.0% increase year-on-year (7.2% at constant exchange rates). The Asia-Pacific region led growth with a 15.7% rise at constant exchange rates, driven by double-digit expansion in Professional Solutions and Direct to Consumer segments across Greater China, India, Japan, South Korea, and Australia. Myopia management portfolio revenue grew 24%, supported by the Stellest lens distribution network reaching approximately 12,000 doors in the US. Wearables, including AI-enabled smart glasses and Nuance Audio devices, saw a 20% revenue increase, contributing additional foot traffic to physical stores. E-commerce remained stable at 7% of total Group revenue. The company reiterated its long-term outlook focused on medtech transformation and AI-driven healthcare platforms.
Source:EyeSmart · eyesmart.com.au