Facebook Inc - Ordinary Shares - Class A

-3.77 (-1.15%)
5:29:01 PM EDT: $325.07 +0.31 (+0.09%)
Products, Strategic Combinations, Other Pre-Announcement

Essilorluxottica FY Adjusted Net Profit Down At EUR 788 Mln

Published: 03/12/2021 06:17 GMT
Facebook Inc - Ordinary Shares - Class A (FB) - Reg-essilorluxottica: Full Year 2020 Results // Resilience, Digitalization and Synergies Lead to Strong Recovery and Solid Foundations for the Future.
FY Revenue EUR 14.43 Billion Versus EUR 17.39 Billion Year Ago.
FY Operating Profit EUR 452 Million Versus EUR 1.68 Billion Year Ago.
FY Adjusted Net Profit Attributable to Owners of the Parent EUR 788 Million Versus EUR 1.94 Billion Year Ago.
FY Free Cash Flow Exceeds Prior Year, Synergies and Integration on Track.
Board of Directors Will Recommend That Shareholders at Annual Meeting to Be Held on May 21, 2021 Approve Payment of a Final Dividend of Euro 1.08 per Share.
Ended Year With Euro 8.9 Billion in Cash and Short-term Investments and Net Debt of Euro 3.0 Billion (including Leases Liabilities) Compared to Net Debt of Euro 4.0 Billion at End of 2019.
Essilorluxottica is Starting 2021 With Confidence in Its Ability to Outperform the Eyecare and Eyewear Industry.
Taking Into Account Uncertainties Around Covid-19, Positive Momentum Already Visible in Asiapacific and Hopes That Vaccinations Will Start to Normalize Business Environment in Other Regions in Course of Q2, Co Has Ambition to Deliver Performance Comparable to Pre-pandemic Levels.company Believes That Some Current Trends Are Likely to Continue: Strong E-commerce, Sound Prescription Sales, Optical Retail Outperforming Sun Retail.