luxottica fiscal year

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Milan, Italy - February 15, 2005 - Luxottica Group S.p.A. (NYSE: LUX; MTA: LUX), global leader in the eyewear sector, today announced consolidated U.S. GAAP results for the three- and twelve-month periods ended December 31, 2004. Corporate central services based in Milan represent 0.6% of the total Group’s workforce. 3 Excludes the impact of fluctuations in currency exchange rates in the translation of operating results into Euro. This page provides a brief financial summary of Luxottica Group SpA as well as the most significant critical numbers from each of its financial reports. Website optimized for Chrome Luxottica’s history. By Bloomberg News. Feb 26, 2018: Luxottica Group reports financial results for fiscal year 2017 Sep 26, 2017: Further progress in the proposed combination between Essilor and Luxottica Jul 24, 2017: Antitrust process update for the proposed combination between Essilor and Luxottica Mar 01, 2017: Luxottica Group annual net income increases Section 5 – Appendix A first-class brand portfolio A vertically integrated business model A fiscal year differs from a calendar year in that it begins at the start of a quarter such as April 1 or October 1. Alessandro Pozzi: “The reception to future digital events remains promising with 90% of our clients keen to participate” In this guest column, Luxottica Group Global Channels Director Alessandro Pozzi reflects on the team’s experience at the inaugural … Operating measures that assume constant exchange rates between the whole year 2004 and the whole year 2003 and the fourth quarter of 2004 and the fourth quarter of 2003 are calculated using for each currency the average exchange rate for the whole year and the three-month period ended December 31, 2003. All our optical and sun retail brands, from LensCrafters to Sunglass Hut to OPSM Group, performed well above industry trends, especially in terms of profitability. The U.S. Government's fiscal year starts on October 1. operating income (millions of euro) net income (millions of euro) LUXOTTICA GROUP NON-GAAP COMPARISON OF CONSOLIDATED NET SALES FOR THE THREE-MONTH PERIODS AND THE YEARS ENDED DECEMBER 31, 2004, AND DECEMBER 31, 2003, ASSUMING CONSTANT EXCHANGE RATES, _________________________ Note: Luxottica Group uses certain measures of financial performance that exclude the impact of fluctuations in currency exchange rates in the translation of operating results into Euro. Fashionable people buy multiple pairs, which is one reason for the success at Luxottica Group (LUX). Milan, January 19, 2018 - Luxottica Group S.p.A. (MTA: LUX), a leader in the design, manufacture, distribution and sale of fashion, luxury and sports eyewear, issued today the following financial calendar for fiscal year 2018: BOARD OF DIRECTORS Monday, January 29, 2018 Trading update for the twelve-month period ended December 31, 2017 Monday, February 26, 2018 Consolidated They reflect the consolidation of OPSM Group results for the entire year ended December 31, 2003 (as it is in 2004) and the consolidation of Cole National results for the last three months of 2003 (as it is in 2004). Luxottica 2014 Annual Review: Results for the 2014 fiscal year were extraordinary with record revenue and profitability. The federal government uses the fiscal year for their budgets. _________________________ Notes : (1) These consolidated adjusted amounts are a non-GAAP measurement. Welcome to Luxottica Group eProcurement Portal. Dollars, respectively, _________________________ Notes : (2004) (2003) (1) Average exchange rate (in U.S. ‘I’m having a hard time understanding how earning over $200,000 a year is too much to qualify for a decent stimulus check’ 8:30a China’s stock market just jumped 6%. Luxottica is the ideal eyewear for those seeking contemporary style and premium quality. For the full year, the tax rate was 35.4 percent, compared with a tax rate of 30.1 percent for fiscal year 2003. Luca Biondolillo, Head of Communications Email: LucaBiondolillo@Luxottica.com, Alessandra Senici, Manager, Investor Relations Email : AlessandraSenici@Luxottica.com, _________________________ 1 Excludes the impact of fluctuations in currency exchange rates in the translation of operating results into Euro. Grup hakkında ayrıntılı bilgiler WWW.LUXOTTICA.COM sitesinde mevcuttur. In fact, consolidated net outstanding debt as of December 31, 2004, was €1,711.3 million, compared with €1,470.4 million as of December 31, 2003, reflecting a net increase of €240.9 million. Luxottica Group on the value of joining hands at the Virtual Travel Retail Expo. As announced on February 15, 2005, Luxottica Group posted, in accordance with U.S. GAAP, the following results for fiscal year 2004: Consolidated net sales of €3,223.9 million; Consolidated operating income of €492.8 million; A fiscal year (or financial year, or sometimes budget year) is used in government accounting, which varies between countries, and for budget purposes.It is also used for financial reporting by businesses and other organizations. For fiscal 2004, Luxottica Group posted net sales and net income respectively of €3,223.9 and €286.9 million. Strong free cash flow generation was once again one of the main highlights of Luxottica Group results. See notes to attached tables for more information, _________________________ Notes : (2004) (2003) (1) Average exchange rate (in U.S. Further, these adjusted financial measures are one of the primary indicators management uses for planning and forecasting in future periods. The fiscal year is expressed by stating the year-end date. Luxottica in the world; Unique Approach. This followed the acquisitions of the Bausch & Lomb sunglass business, which includes the prestigious Ray-Ban®, Revo®, ArnetteTM and Killer Loop® brands, in June 1999, and LensCrafters, the largest optical retail chain in North America, in May 1995. In the United Kingdom, the tax year. Here a crucial point related to the US Fiscal year, i.e., Prior to 1976, the fiscal year started from July 1 and ended on Jun 30 of the next calendar year. Copyright © Luxottica Group - P.IVA 10182640150 - All Rights Reserved. Net Profitability. These forward-looking statements are made as of the date hereof and Luxottica Group does not assume any obligation to update them. It stems from a notion of universal beauty that comes to life at the intersection of personal well-being, respect for the environment, ethics and the transparency of relations. Milan, January 19, 2018 - Luxottica Group S.p.A. (MTA: LUX), a leader in the design, manufacture, distribution and sale of fashion, luxury and sports eyewear, issued today the following financial calendar for fiscal year 2018:. The company has included this measurement to give comparative information for the two periods discussed, aligning the consolidation periods of OPSM Group and Cole National for both years 2003 and 2004. Milan, January 30, 2019 – Luxottica Group S.p.A. (MTA: LUX), a leader in the design, manufacture, distribution and sale of fashion, luxury and sports eyewear, issued today the following financial calendar for fiscal year 2019.The following takes into account the fact that - as already announced on January 22, 2019 - pursuant to art. As of December 31, 2014, Luxottica Group had 77,734 employees, with 61.2% dedicated to the retail business, 13.3% dedicated to the wholesale business and 24.9% dedicated to production and distribution activities. (Accounting years of January 1 through December 31 are known as calendar years.) A calendar year always begins on January 1. Luxottica’s 2015 financial performance confirms the Company’s ability to continuously pursue growth while achieving key strategic and organizational goals. In 2013, Luxottica set a new net sales record of more than Euro 7.3 billion, an increase of +7.5% at constant exchange rates 2 and +3.2% at current exchange rates compared to 2012. Generally, the fiscal year in the USA starts from Oct 1 st to SEP 30 th of the next calendar year or 365 days. See notes to attached tables for more information. Additional information on the company is available on the web at www.luxottica.com . For more information about BLACK-OUT PERIODS, COPYRIGHT ©2020 LUXOTTICA GROUP P.IVA 10182640150 / All Rights ReservedSubject to direction and coordination activity by EssilorLuxottica S.A. – 712 049 618 R.C.S. In addition, Luxottica Group's method of calculating operating performance excluding the impact of changes in exchange rates may differ from methods used by other companies. A company's fiscal year is its financial year; it is any 12-month period that the company uses for accounting purposes. Luxottica Group is a market leader in the design, manufacture and distribution of fashion, luxury, sports and performance eyewear. ... Luxottica Group’s first line is still the one that best conveys the experience and tradition that are its essence. In addition, since the Luxottica Group has historically reported such adjusted financial measures to the investement community, the Company believes that their inclusion provides consistency in its financial reporting. Such risks and uncertainties include, but are not limited to, fluctuations in exchange rates, economic and weather factors affecting consumer spending,  the ability to successfully introduce and market new products, the ability to successfully launch initiatives to increase sales and reduce costs, the availability of correction alternatives to prescription eyeglasses, the ability to effectively integrate recently acquired businesses, including Cole National, risks that expected synergies from the acquisition of Cole National will not be realized as planned and that the combination of Luxottica Group’s managed vision care business with Cole National will not be as successful as planned, as well as other political, economic and technological factors and other risks referred to in Luxottica Group’s filings with the U.S. Securities and Exchange Commission. Créteil, People, the real driving force of Luxottica, The responsible management of the supply chain, Procedure for related parties transactions, Procedure for the management of the Inside Information, Approval of final statutory financial statements for fiscal year 2018, Results for the fourth quarter of 2018; preliminary statutory and consolidated financial statements for fiscal year 2018, Consolidated net sales for the nine-month period ended September 30, 2018, Consolidated results for the six-month period ended June 30, 2018, Consolidated net sales for the three-month period ended March 31, 2018, Approval of final statutory financial statements for fiscal year 2017, Consolidated results for the fourth quarter of 2017; preliminary statutory and consolidated financial statements for fiscal year 2017, Trading update for the twelve-month period ended December 31, 2017, Consolidated net sales for the nine-month period ended September 30, 2017, Consolidated results for the six-month period ended June 30, 2017, Consolidated net sales for the three-month period ended March 31, 2017, Approval of statutory financial statements for fiscal year 2016, Consolidated results for the fourth quarter of 2016; draft statutory and consolidated financial statements for fiscal year 2016, Consolidated net sales for the twelve-month period ended December 31, 2016, Net sales results for the nine-month period ended September 30, 2016, Consolidated results for the six-month period ended June 30, 2016, Approval of statutory financial statements for fiscal year 2015, Net sales results for the three-month period ended March 31, 2016, Consolidated results for the fourth quarter of 2015; statutory and consolidated financial statements for fiscal year 2015, Consolidated net sales for the twelve-month period ended December 31, 2015, Consolidated results for the nine-month period ended September 30, 2015, Consolidated results for the six-month period ended June 30, 2015, Consolidated results for the three-month period ended March 31, 2015, Approval of statutory financial statements for fiscal year 2014, Consolidated results for the fourth quarter of 2014; statutory and consolidated financial statements for fiscal year 2014, Consolidated net sales for the twelve-month period ended December 31, 2014, Consolidated results for the nine-month period ended September 30, 2014, Consolidated results for the six-month period ended June 30, 2014, Approval of statutory financial statements for fiscal year 2013, Consolidated results for the three-month period ended March 31, 2014, Consolidated results for the fourth quarter of 2013; statutory and consolidated financial statements for fiscal year 2013, Consolidated net sales for the twelve-month period ended December 31, 2013, Consolidated results for the nine-month period ended September 30, 2013, Consolidated results for the six-month period ended June 30, 2013, dbAccess 10th Annual Global Consumer Conference, Consolidated results for the three-month period ended March 31, 2013, Approval of statutory financial statements for fiscal year 2012, Consolidated results for the fourth quarter of 2012; statutory and consolidated financial statements for fiscal year 2012, Consolidated net sales for the twelve-month period ended December 31, 2012, Financial - Roadshow, conferences & events. 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