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Essilor International SA (ESSI.PA)

ESSI.PA on Paris Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Essilor says expects 2017 revenue growth of between 6 and 8 pct
Friday, 17 Feb 2017 12:38am EST 

Essilor Sa : Says profit attributable to equity holders up 7.4% versus 5.9 pct revenue growth . Board of directors recommends that shareholders at annual meeting on may 11, 2017 approve payment of a dividend of eur 1.50 per share, an increase of 35.1 pct compared with 2015 dividend . Overall, Essilor is forecasting revenue growth (excluding currency effects) of between 6 pct and 8 pct including between 3 pct and 5 pct on a like-for-like basis . Due to progressive effect of initiatives to be implemented over course of year and comparison basis, group expects a higher level of growth and profitability in second half of year versus first half Further company coverage: [ESSI.PA] ((paris.newsroom@thomsonreuters.com; +33 1 49 49 54 52;)).  Full Article

Luxottica shares to be delisted as result of Essilor deal
Monday, 16 Jan 2017 01:17am EST 

Essilor /Luxottica : Transaction would entail Delfin contributing its entire stake in Luxottica (approx. 62%) to Essilor in return for newly-issued Essilor shares to be approved by the Essilor shareholders meeting, on the basis of the exchange ratio of 0.461 Essilor shares for 1 Luxottica share . Essilor subsequently making a mandatory public exchange offer, in accordance with the provisions of Italian law, to acquire all of the remaining issued and outstanding shares of Luxottica pursuant to the same exchange ratio and with a view to delist Luxottica's shares . Essilor would become a holding company with the new name "EssilorLuxottica" via a hive-down of all of its operating activities into a wholly-owned company, to be called Essilor international, and the contribution by Delfin of its Luxottica shares . Following the transaction, Delfin would own between 31% and 38% of the shares of EssilorLuxottica and would be its largest shareholder Further company coverage: [ESSI.PA] ((sudip.kargupta@thomsonreuters.com;)).  Full Article

Essilor appoints Laurent Vacherot as president and chief operating officer
Wednesday, 7 Dec 2016 01:00am EST 

Essilor Sa : Essilor realigns its organization with its growing businesses .Appoints Laurent Vacherot as president and chief operating officer.  Full Article

Essilor acquires MyOptique Group
Tuesday, 16 Aug 2016 02:30am EDT 

Essilor SA : Essilor broadens online footprint in Europe by acquiring MyOptique Group . MyOptique Group reported £57 million ($73.55 million) in revenue in year ended April 30, 2016 .MyOptique Group's key management team will remain in place.  Full Article

Essilor H1 revenue up 4.1 pct like-for-like
Friday, 29 Jul 2016 12:30am EDT 

Essilor International SA : H1 revenue up 4.1 pct like-for-like . H1 revenue 3.58 billion euros ($3.99 billion) versus 3.41 billion euros year ago (+8.1 pct at constant exchange rates) . H1 operating profit of 646 million euros versus 614 million euros year ago . H1 free cash flow of 247 milllion euros versus 226 million euros year ago . H1 profit attributable to equity holders of 416 million euros versus 388 million euros year ago . Revenue expected to end the year around 4.5 pct like-for-like . 2018 objectives confirmed .Essilor is confirming its objective of increasing organic growth to more than 6 pct by 2018.  Full Article

Essilor International Compagnie Generale d'Optique acquires Vision Direct in the UK
Tuesday, 23 Feb 2016 11:40am EST 

Essilor International Compagnie Generale d'Optique SA:Acquires Vision Direct in the UK.  Full Article

Essilor International Compagnie Generale d'Optique gives FY 2016 an d 2018 guidance and propose dividend
Friday, 19 Feb 2016 12:30am EST 

Essilor International Compagnie Generale d'Optique SA:To propose 2015 ‍dividend of 1.11 euro per share, an increase of 8.8 pct​.Expects full-year 2016 revenue growth, at constant exchange rates, to exceed 8 pct.Sees ‍like-for-like revenue growth in excess of 6 pct in 2018​.  Full Article

Essilor International Compagnie Generale d'Optique signs nine new transactions
Friday, 8 Jan 2016 01:30am EST 

Essilor International Compagnie Generale d'Optique SA:Pursues its partnership strategy by signing nine new transactions representing combined annual revenue of about 60 million euros.  Full Article

Essilor International Compagnie Generale d'Optique SA confirms 2015 targets
Thursday, 22 Oct 2015 12:30am EDT 

Essilor International Compagnie Generale d'Optique SA:confirms 2015 targets.2015 Revenue growth of between 8 percent and 11 percent excluding the currency effect and in excess of 4.5 percent on a like-for-like basis.  Full Article

Essilor to list 300 mln euro bond on Euronext Paris - Euronext
Tuesday, 4 Aug 2015 08:00pm EDT 

Essilor International Compagnie Generale d'Optique SA:300 million euro bond due Aug 7, 2017 issued by Essilor will be listed on Euronext Paris as of Aug. 7.Interest rate: 3 month Euribor + 0.2 pct.Issue price: 100 pct.  Full Article

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BRIEF-Luxottica says to delist from New York stock exchange

* to voluntarily delist from New York Stock Exchange (NYSE) after trading volumes have shifted significantly to the Italian market