Company EssilorLuxottica SA
Country Italy
Email n.a.
Telephone +39 800 343 5594
Market Segment Bridge
Core Business Eyewear

Ray-Ban Financial Report 2018

 
 

EssilorLuxottica SA Financial Report

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 EUR20192018Δ
2019/2018
CAGR
Total Revenue    
Cost of Sales    
Gross Profit    
Operating Income    
Net Income    

Balance Sheet Highlights

in Millions of EUR20192018Δ
2019/2018
CAGR
Current Assets    
Total Assets    
Current Liabilities    
Equity    

Net Sales by Country

in Millions of EUR20192018Δ
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

Market Positioning

Bridge

Core Business

Eyewear

Target

Men
Women

Product Categories

Accessories
 

EssilorLuxottica SA profile

Name EssilorLuxottica SA
Website essilorluxottica.com
Country France
VAT Number FR0000121667
Telephone n.a.
Fax n.a.
Date of foundation 2018
Type of Company Listed

Headquarters

147 RUE DE PARIS 94220, CHARENTON LE PONT , ILE-DE-FRANCE France

Ownership (Top Shareholders)

EssilorLuxottica SA doesn't provide the information on its shareholders.

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