By  on May 3, 2010

MILAN — Luxottica Group SpA kicked off the year with higher profits.

Leveraging growth in the U.S. and in emerging markets, the Italian eyewear company in the first quarter ended March 31 posted a 20.8 percent rise in net profits, which reached 95.1 million euros, or $131.2 million, compared with 78.8 million, or $102.4 million, in the same period last year. Sales gained 6 percent to 1.39 billion euros, or $1.92 billion, compared with 1.31 billion euros, or $1.7 billion, in the first quarter of 2009.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus