October 22, 2018 / 4:00 PM / 24 days ago

CORRECTED-(OFFICIAL)-Essilor posts in-line revenue, keeps guidance unchanged

(Refinitiv corrects analysts’ average revenue estimate in third paragraph. Headline and first paragraph changed to reflect the correction)

PARIS, Oct 22 (Reuters) - Essilor, the world’s largest maker of ophthalmic lenses, reported in-line revenue on Monday and kept its guidance unchanged for the year.

The French company, which merged earlier this month with Italian group Luxottica - which owns the Ray-Ban sunglasses brand - said sales in the third quarter rose 4.4 percent to 1.811 billion euros ($2.08 billion).

Analysts polled by Refinitiv had been targeting average revenue of 1.79 billion euros.

The company, renamed EssilorLuxottica, said it was keeping its 2018 targets for Essilor, namely like-for-like revenue growth of around 4 percent.

The company will report fully integrated results from next year. ($1 = 0.8722 euros) (Reporting by Matthias Blamont; Editing by Sudip Kar-Gupta)

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