Ray-Ban
Market Segment
Bridge
Core Business Eyewear
Core Business Eyewear
Ray-Ban Financial Report
Ray-Ban Updates
EssilorLuxottica SA Financial Report 2019
Income Statement Trend
Total Revenue
It includes the overall revenue of the company, considering not only the sales of finished goods, but all of the sources of the company income.
Operating Margin
Also known as ROS - Return on Sales, it measures the percentage of sales revenue that gets 'returned' to the company as net profits after all the related costs of the activity are deducted. The figure is about the latest fiscal year available.
Net Profitability
It's a measure of a company's overall profitability, i.e. how much of its sales are converting to profit. The value given is the amount of sales needed to generate one currency unit of post tax profit. Negative values mean that the company has a negative level of post tax profit. The figure is about the latest fiscal year available.
Profit Ratio
It's a key measure of success. The profit ratio measures the amount of profit generated by each single currency unit of sales. The figure is about the latest fiscal year available.
Income Statement Highlights
| in Millions of EUR | 2019 | 2018 | Δ 2019/2018 | CAGR |
|---|---|---|---|---|
| Total Revenue | ||||
| Cost of Sales | ||||
| Gross Profit | ||||
| Operating Income | ||||
| Net Income |
Balance Sheet Highlights
| in Millions of EUR | 2019 | 2018 | Δ 2019/2018 | CAGR |
|---|---|---|---|---|
| Current Assets | ||||
| Total Assets | ||||
| Current Liabilities | ||||
| Equity |
Revenues by Country
| in Millions of EUR | 2019 | 2018 | Δ 2019/2018 | CAGR |
|---|---|---|---|---|
| North America | ||||
| Europe | ||||
| Other Countries | ||||
| South America |
EssilorLuxottica SA Annual Report
Official Websites
Ray-Ban website
Ray-Ban ecommerce
Official Social Media
Brand Description
Establishment
Year
1937
City
Milan
Country
Italy
Founder
Lester Belisario
Designer
Team of designers
Profile
Ray-Bans were first created in 1936. Some years earlier, Lieutenant John A. Macready (an American test pilot) returned from a balloon flight, complained that the sun had permanently damaged his eyes, and contacted Bausch & Lomb asking them to create sunglasses that would provide protection and also look sophisticated. On May 7, 1937, Bausch & Lomb took out the patent, and the Aviator was made available to the public.The prototype, known as Anti-Glare, had a frame weighing 150 grams. They were made of gold-plated metal with green lenses made of mineral glass to filter out infrared and ultraviolet rays. Pilots in the United States Army Air Corps immediately adopted the sunglasses.The army wanted sunglasses that would protect the soldiers' eyes from harmful light while maintaining a stylish look.[citation needed] The Ray-Ban Aviator became a well-known style of sunglasses when General Douglas MacArthur landed on the beach in the Philippines in World War II, and photographers snapped several pictures of him wearing them.Ray-Bans were quickly seen outside the army. They quickly gained popularity through other wars[vague] and even made a debut in the movies. In 1952, Ray-Ban created another style, the Ray-Ban Wayfarer, this time with plastic frames, which became popular soon after its release. By 1962, Ray-Ban started to create impact-resistant lenses. It was not until ten years later when the United States of America made impact-resistant eye wear mandatory through the FDA regulation. Wayfarer sunglasses were seen on movie stars, TV stars, and musicians. Ray-Ban still remains a top designer in the sunglasses industry with its constant changes of color, frames, and lenses.
The brand was owned by the Luxottica group. On March 5, 2019, Luxottica became 100% wholly-owned by EssilorLuxottica and its ordinary shares were delisted from the Milan Stock Exchange (Mercato Telematico Azionario - MTA), organized and managed by Borsa Italiana.
Business Strategy
Core Business
Eyewear
Target
Men
Women
Product Categories
Accessories
EssilorLuxottica SA profile
Telephone
n.a.
Fax n.a.
Date of foundation 2018
Type of Company Listed
Fax n.a.
Date of foundation 2018
Type of Company Listed
Headquarters
Ownership (Top Shareholders)
EssilorLuxottica SA doesn't provide the information on its shareholders.
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