January 31, 2014
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Luxottica sets new net sales record

Eye wear manufacturer Luxottica closed 2013 with a new net sales record of more than 7.3 billion Euros, according to a company press release.

Luxottica saw an increase of more than 20% at constant exchange rates, including peaks in China, Turkey and Brazil, the release said. Net sales increased in North America by +3.5% U.S. dollars and in Europe by +11%.

“We have closed another record year, achieving solid performances in 2013 across all of the geographic areas in which we operate, with peaks of excellence in emerging markets and Europe. Growth also continued in North America, where the Wholesale Division and Sunglass Hut achieved particularly positive results,” Andrea Guerra, chief executive officer of Luxottica, said in the release.

The company anticipates good performance in 2014 as well.

“Our engines of growth are clearly defined: a healthy portfolio of brands, an enlarged footprint covering world markets and a team of people who are very efficient and motivated,” Guerra said in the release. “To date, the beginning of 2014 is extremely encouraging.”

The full financial results for 2013 will be reviewed by the board of directors and presented to the financial community at the end of February.