Insight Report 3 minutes PremiumLuxottica (LUX) FY15 Results: Growth Fails to Meet Expectations Coresight Research March 1, 2016 Executive Summary Luxottica reported FY15 EPS of US$1.86, an increase of 3.7% but below the consensus estimate of US$1.95. The company reported that revenue increased by 15.5%, to €8.8 billion, below consensus of €8.9 billion. Adjusted EBIT increased by 22.5%, to €1.4 billion, below the consensus estimate of €1.5 billion, while net income increased by 25.1%, to €804.1 million, below consensus of €855.1 million. Luxottica expects to generate 5%–6% revenue growth at constant exchange rates in FY16 and to increase investment to more than €1.5 billion over the next three years. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Analyst Corner—Shopping Shifts and Summer Spending: US Consumer Insights with Aditya KaushikChina Consumer Tracker: Multiple Categories Shift Toward E-Commerce, Away from In-Store PurchasingInnovator Profile: Portless Streamlines Cross-Border Logistics with Direct Shipping SolutionsEarnings Insights 3Q23, Week 2: Crocs, CVS and Colgate-Palmolive Report Strong Results; Carter’s, Clorox, Estée Lauder and VF Corporation See Sales Decline
