Earnings release
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- ESSILOR LUXOTTICA First quarter revenue shows solid return to growth at + 14.3 % ¹ versus 2020 • Revenue above 2019 level¹ despite COVID - 19 pandemic , up 2 % at constant exchange rates¹ • Strong momentum in prescription lenses and optical retail • E - commerce up 61 % versus 2019 at constant exchange rates¹ North America , China and Australia driving the performance • Strong balance sheet and free cash flow generation - 7:00 am ) Charenton - le - Pont , France ( May 6 , 2021 EssilorLuxottica today announced that consolidated revenue for the first quarter of 2021 totalled Euro 4,060 million , representing a year - on- year increase of 7.3 % compared to the first quarter of 2020 ( + 14.3 % at constant exchange rates¹ ) . Consolidated revenue grew by 1.9 % at constant exchange rates¹ compared to the first quarter of 2019 . " EssilorLuxottica had a strong start to the year . While the pandemic continued to put up a fight , we fought harder , delivering significant revenue growth that surpassed pre - pandemic levels and met the structural need for good vision . Our passionate employees were not deterred by the adversity - they remained agile and focused on improving the unique journey taken by our customers and consumers . In the first quarter , we successfully capitalized on the rebound in the US and China , while leveraging our brands , product innovation , distribution and digitalization everywhere in the world . Our integration gained further momentum and we made good progress in several areas , while continuing to make new bolt - on acquisitions . Our sustainability , social impact and inclusive business agendas remained at the heart of our mission and business model . The position we're in today gives us greater confidence in our ability to outperform the industry . ” said Francesco Milleri and Paul du Saillant , respectively CEO and Deputy CEO of EssilorLuxottica . 1/10