Luxottica also announces today the publication on the corporate website Luxottica.com of the new section “Sustainability - To see the beauty of life” that describes the Group’s sustainability vision founded on four pillars: “Commitment to excellence”, “Visual well-being”, “Social equity” and “Protecting environment”. No. Its portfolio includes proprietary brands such as Ray-Ban, Oakley, Vogue Eyewear, Persol, Oliver Peoples and Alain Mikli, as well as licensed brands including Giorgio Armani, Burberry, Bulgari, Chanel, Coach, Dolce&Gabbana, Ferrari, Michael Kors, Prada, Ralph Lauren, Tiffany & Co., Valentino and Versace. 391,398,910 votes in favour, equal to 98.15% of the votes represented at the Stockholders’ Meeting and to 80.79% of the Company’s issued share capital; No. 1 - 10421 . The stockholders of Luxottica Group S.p.A. met today at the General Meeting of Stockholders to approve the statutory financial statements for fiscal year 2016. "The global optical market is constantly growing and continues to offer very good prospects..." Laurent Vacherot, President and Chief Operating Officer (adsbygoogle = window.adsbygoogle || []).push({}); REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934, Piazzale Cadorna 3, MILAN, 20123 ITALY (Address of principal executive office), Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F x Form 40-F o, Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): o, Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): o, Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. Net sales results for the first quarter of 2017 will be discussed via audio webcast on Friday, April 28, 2017 at 12:00PM EDT (5:00PM BST, 6:00PM CEST). Group Investor Relations and Corporate Communications Director, http://www.luxottica.com/en/investors/contacts, Group Corporate Media Relations Senior Manager. An advisory vote on the first section of the Company’s Remuneration Report in accordance with article 123-ter, paragraph 6 of Legislative Decree no. These risks and uncertainties include, but are not limited to, the risk factors discussed or identified in public filings that have been, or will be, made by Essilor and/or Luxottica with the French Autorité des marches financiers (the “AMF”) and/or the United States Securities and Exchange Commission (the “SEC”) from time to time. 481 prescription. Luxottica Group is a leader in premium, luxury and sports eyewear with over 7,400 optical and sun retail stores in North America, Asia-Pacific, China, South Africa, Latin America and Europe, and a The deal also offered a succession plan for Leonardo Del Vecchio, the company's founder. 1 - 10421 . The approval of the Statutory Financial Statements for the year ended December 31, 2016. Luxottica’s first quarter revenues were up 5.2% as a result of the Group’s strong performance in Europe and Latin America, a favorable foreign exchange rate environment and the excellent performance of the Ray-Ban brand which confirmed its vitality driven by the success of its latest collections and new Ray-Ban stores in China and United States. The Company has … Requests for hard copies of Luxottica Group’s audited consolidated financial statements (free of charge) may be made by contacting the Company’s investor relations department at investorrelations@luxottica.com. Annual Report 2015. Milano n. 00891030272 -Partita IVA LUXOTTICA GROUP S.p.A. Piazzale Cadorna 3, MILAN, 20123 ITALY (Address of principal executive office) A joint venture of Think Computer Corporation and Think Computer Foundation, a 501(c)(3) non-profit organization. Access financial releases and publications of Essilor International (Compagnie Générale d’Optique) (renamed EssilorLuxottica on October 1st, 2018) prior to the combination and financial releases and publications of Luxottica (a 62% subsidiary of EssilorLuxottica, publicly listed on … The cash dividend will be payable on May 24, 2017 (the coupon detachment date will be May 22, 2017 pursuant to the Borsa Italiana calendar with a record date of May 23, 2017). And thanks to our global founding sponsor, Luxottica, our annual support costs are covered. Luxottica Group is a leader in premium, luxury and sports eyewear with over 7,400 optical and sun retail stores in North America, Asia-Pacific, China, South Africa, Latin … Discover Luxottica's financial highlights. Total Revenue. REGISTRATION DOCUMENT. While this had a negative impact on first quarter net sales, it was less significant than initially projected and is set to positively affect the Group’s income statement results. Statements in this communication concerning the business outlook or future economic performance, anticipated profitability, revenues, expenses, dividends or other financial items, and product or services line growth of Luxottica (and the combined businesses of Essilor and Luxottica), together with other statements that are not historical facts, are forward-looking statements that are estimates reflecting the best judgment of Luxottica based upon currently available information. 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. “We close the first quarter of the year with results we consider to be particularly positive as the distribution approach focused on quality sales growth has led to an increase in revenues in line with expectations and an improvement in margins,” commented Leonardo Del Vecchio, Executive Chairman and Massimo Vian, CEO for Product and Operations of Luxottica. 14 distribution. Our latest results, targets, achievements and previous data are all available here for Investors. oliverpeoples.com. To get access to the full reports, click the button above! Shares represented at the Stockholders’ Meeting no. April 28, 2017 Ordinary Stockholders’ Meeting — Voting results. The audio webcast will be available to the financial community and the media from Luxottica Group’s corporate website at http://www.luxottica.com/en/investors/results-and-presentations/webcasts. Annual Report 2017. Figures at constant exchange rates are calculated using the average exchange rate of the respective comparative period. The presentation will be available for download from Luxottica Group’s Investors’ section at http://www.luxottica.com/en/investors/results-and-presentations shortly before the start of the audio webcast. Efforts to improve execution at LensCrafters and the curtailing of promotional activities affected sales, in particular at Sunglass Hut and Oakley, and impacted overall retail results in the quarter (+1.3% at current exchange rates, -2.3% at constant exchange rates(2)). In January 2017, the company agreed on a merger with Essilor. The retail business recorded a 7.1% increase (+3.3% at constant exchange rates(2)) thanks to the growth of new stores, the positive performance of optical retail in China and Australia, along with Sunglass Hut in Europe and Latin America, and the consolidation of Salmoiraghi & Viganò’s net sales into the Group’s results. Milan (Italy), April 28, 2017 — The Board of Directors of Luxottica Group S.p.A. (MTA: LUX; NYSE: LUX), a leader in the design, manufacture, distribution and sale of fashion, luxury and sports eyewear, met today to review the consolidated net sales for the first quarter of 2017 in accordance with International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board. In the first three months of the year, Europe recorded excellent performance in all business areas, with sales increasing by 15.5% (+17.4% at constant exchange rates(2)), notwithstanding strong first quarter results in 2016. For more information see Item 5 of Luxottica’s 2015 annual report on Form 20-F 2015 Production: 93 million frames & sunglasses 12 manufacturing facilities 4 distribution hubs Approx. It may “Today Luxottica is a stronger and more competitive company, able to generate significant results and move fast on the market. Regarding the American Depositary Receipts (ADRs) listed on the New York Stock Exchange, the record date will be May 23, 2017 and, according to Deutsche Bank Trust Company Americas (the depositary bank for the ADR program), the payment date for the dividend in US dollars is expected to be May 31, 2017. Get Access Now. The total dividend amount will be approximately Euro 440 million. B. Luxottica has filed or submitted all reports required under Section 13(a) and Section 15(d) of the Exchange Act and the corresponding Commission rules for the 12 months preceding the filing of this Form 15F. Such forward-looking statements are based upon management’s current expectations and are subject to a significant business, economic and competitive risks, uncertainties and contingencies, many of which are unknown and many of which Essilor and Luxottica are unable to predict or control. Annual Report 2017 X This website or third-party tools used by the site itself use the cookies necessary for operation and useful for the objectives illustrated in the cookie policy, including the possibility of sending you advertisements according to your interests. The growth of the Group’s e-commerce platforms, equal to 6%(2), was affected by the drop in promotional activities at Oakley.com and SunglassHut.com in the quarter. Luxottica is home to Sunglass Hut, the largest retailer of premium sunglasses in North America, Latin America, Asia-Pacific, South Africa, Europe and the Middle East. Luxottica is a leader in the design, manufacture and distribution of fashion, luxury and sports eyewear. Non-Government Works Copyright © 2001-2021 Think Computer Corporation. Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. The dividend amount in US dollars will be determined based on the €/US$ exchange rate as of May 24, 2017. 58/98. In 2016, with more than 80,000 employees, Luxottica posted net sales of over Euro 9 billion. 16,265 votes against, equal to 0.004% of the votes represented at the Stockholders’ Meeting and to 0.003% of the Company’s issued share capital; No. Such forward-looking statements are inherently uncertain, and stockholders and other potential investors must recognize that actual results may differ materially from Luxottica’s expectations as a result of a variety of factors. 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