×
6 459
Fashion Jobs
NEWELL
Human Resources Manager
Permanent · BIRMINGHAM
DOROTHY PERKINS
Senior Buyer
Permanent · LONDON
EVERLAST GYMS
Assistant General Manager
Permanent · LEICESTER
HEAD OFFICE
Commercial Manager
Permanent · BRACKNELL
WAITROSE
Warehouse Nights
Permanent · LONDON
TAPESTRY
Account Manager - Tapestry, Europe, Lifestyle
Permanent · London
ASOS
Corporate Responsibility Manager
Permanent · LONDON
HENKEL CONSUMER BRANDS
Sales Representative - North East London / Essex
Permanent · HEMEL HEMPSTEAD
SHISEIDO
Shiseido Business Manager - John Lewis Oxford Street (37.5 Hours)
Permanent · London
PRIMARK
Stockroom Retail Assistant
Permanent · LEEDS
PRIMARK
CRM Campaign Coordinator
Permanent · READING
ESSILORLUXOTTICA GROUP
Order Entry Administrator
Permanent · THORNBURY
ESSILORLUXOTTICA GROUP
Commercial Finance Business Partner
Permanent · LONDON
NEXT
Van Driver - Sheffield Home
Permanent · SHEFFIELD
NEXT
Van Driver - Sheffield Home
Permanent · SHEFFIELD
HENKEL ADHESIVE TECHNOLOGIES
Key Account Manager Grocery
Permanent · HEMEL HEMPSTEAD
HENKEL CONSUMER BRANDS
Sales Representative - Yorkshire
Permanent · HEMEL HEMPSTEAD
HENKEL ADHESIVE TECHNOLOGIES
Supply & Stock Specialist
Permanent · HEMEL HEMPSTEAD
HENKEL ADHESIVE TECHNOLOGIES
Warehouse Administrator
Permanent · BIRMINGHAM
HENKEL ADHESIVE TECHNOLOGIES
Logistics Coordinator (Delivery Enablement)
Permanent · HEMEL HEMPSTEAD
BURBERRY
Bsp Operations Coordinator
Permanent · LEEDS
ESTÉE LAUDER
Jo Malone - CRM Coordinator
Permanent · London
Ads
By
Reuters
Published
Oct 29, 2009
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Luxottica optimistic on 2010, worst over

By
Reuters
Published
Oct 29, 2009

MILAN, Oct 29 (Reuters) - Italian eyewear maker Luxottica (LUX.MI) is looking to next year with a degree of optimism after a tough 2009, Chief Executive Andrea Guerra said on Thursday 29 October.


www.luxottica.com

"2009 has been a challenging year but the worst is behind us. Today we are looking to the future with optimism," Guerra said, speaking at a shareholders' meeting, at which shareholders approved the payment of a dividend of 0.22 euro per share.

He said Luxottica, the world's biggest in its field, was working towards making 2010 "a return to normality" for the maker of Prada and Ray-Ban sunglasses.

"This for Luxottica means having a turnover that once more grows solidly, profits that improve more than proportionally (to sales) with strong cash generation," he said, adding the ratio between EBITDA and debt should be below 2.5 times.

He said Luxottica was not interested in any major acquisitions at this time. "We will continue to make various small, medium-sized operations around the world via brands and retail to strengthen our competitive positioning," he said. "They will be strategic operations without major investment."

Luxottica said this week it was opening new stores Sunglass Hut retail brand stores in the Philippines as well as expanding its presence in South Africa.

Luxottica is due to release third-quarter results later on Thursday 29 October. Its shares were up 1.27 percent to 16.77 euros at 1355 GMT.

(Reporting by Marie-Louise Gumuchian and Cristina Carlevaro; editing by Simon Jessop)

© Thomson Reuters 2023 All rights reserved.