JOSH EDELSON/AFP
OUR ACTION ADVICE ON ESSILORLUXOTTICA – On the stock market, the shares of the integrated optics giant have just reached new records: if the growth in its sales is not strong, it is regular and profitable. And it should remain so, thanks in particular to connected glasses.
The election of American President Donald Trump, who notably promised protectionist measures, does not benefit the Paris Stock Exchange, where there are many large exporters.
That being said, five CAC 40 shares have set historic records over the past week, including that of EssilorLuxottica: on November 11, which was not a public holiday for the stock market, it exceeded €232 for the first time in its existence. That is to say a market capitalization which exceeds 100 billion euros.
Disappointing growth, but acceleration in sight
And yet, the latest publication from the integrated optics giant, on October 17, somewhat disappointed market expectations. After, at constant exchange rates, sales growth of 5.5% in the first quarter and 5.2% in the second, third quarter of the year, marked by summer for the owner of the Ray-Ban and Oakley brands , ended with a 4% increase in sales. That is, over nine months, billings of 19.73 billion euros (+4.9%).
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