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Essilor International SA (ESSI.PA)

ESSI.PA on Paris Stock Exchange

118.85EUR
26 Apr 2017
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Tue, Apr 25 2017

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Eyewear group Essilor's first-quarter sales rise, company keeps targets

PARIS French eyewear company Essilor , which is in the process of merging with Italian peer Luxottica , reported higher first-quarter revenues and maintained its financial targets.

Eyewear group Essilor's Q1 sales rise, company keeps targets

PARIS, April 25 French eyewear company Essilor , which is in the process of merging with Italian peer Luxottica, reported higher first-quarter revenues and maintained its financial targets.

BRIEF-France waives mandatory bid obligation in Essilor-Luxottica merger

* French market watchdog waives mandatory bid obligation for Leonardo Del Vecchio's holding company Delfin in Essilor-Luxottica merger - document

BRIEF-Proposed combination of Essilor and Luxottica is progressing

* Transfer by Essilor International of its activities and shareholdings to its fully-owned subsidiary, Delamare Sovra, to be renamed Essilor International

BRIEF-Viel et Compagnie FY operating profit falls to 53.9 million euros

* FY net income group share 31.4 million euros ($33.70 million) versus 32.0 million euros year ago

BRIEF-Luxottica CEO says Essilor merger proceeding according to schedule

March 2 Luxottica Group CEO Massimo Vian tells analyst call:

BRIEF-France's former president Nicolas Sarkozy to joins board of AccorHotels

* France's former president Nicolas Sarkozy to join board of directors in replacement of Nadra Moussalem until 2018 shareholders assembly

BRIEF-Essilor predicts less bolt-on acquisitions this year

Feb 17 Essilor chief operating officer Laurent Vacherot says:

UPDATE 1-Essilor sees stronger growth, profits in H2

PARIS, Feb 17 Essilor, the world's largest maker of ophthalmic lenses, forecast 2017 revenue growth of between 3 and 5 percent at constant exchange rates and predicted a higher level of growth and profitability in the second half of the year.

BRIEF-Essilor says expects 2017 revenue growth of between 6 and 8 pct

* Says profit attributable to equity holders up 7.4% versus 5.9 pct revenue growth

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