Essilor Revenue

Essilor revenue was €7.46 b in FY, 2018 which is a 0.4% year over year decrease from the previous period.

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Summary - Funding Rounds

Founding Date

1849
Essilor is a subsidiary of EssilorLuxottica

Essilor Revenue Breakdown

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Essilor revenue breakdown by business segment: 10.7% from Sunglasses and Readers, 86.3% from Lenses and Optical Instruments and 3.0% from Other

Essilor Income Statement

Annual

EURFY, 2015FY, 2016FY, 2017FY, 2018

Revenue

6.7b7.1b7.5b7.5b

Revenue growth, %

6%5%0%

Cost of goods sold

2.7b2.9b3.1b3.1b

Gross profit

4.0b4.2b4.3b4.4b

Gross profit Margin, %

60%59%58%59%

Sales and marketing expense

1.7b1.8b1.8b

R&D expense

214.0m214.0m217.0m

Operating expense total

2.8b3.0b3.3b3.1b

EBIT

1.2b1.2b1.1b1.2b

EBIT margin, %

18%17%14%17%

Interest expense

71.0m71.0m70.0m56.0m

Interest income

17.0m17.0m18.0m

Pre tax profit

1.1b1.2b1.0b1.2b

Income tax expense

308.0m285.0m132.0m254.0m

Net Income

813.0m880.0m878.0m923.0m

Half Year

EURH1, 2016H1, 2017H1, 2018H1, 2019

Revenue

3.6b3.9b3.7b3.9b

Cost of goods sold

1.4b1.6b1.5b

Gross profit

2.1b2.3b2.2b

Gross profit Margin, %

60%58%59%

Sales and marketing expense

892.0m956.0m941.0m

R&D expense

108.0m110.0m106.0m

Operating expense total

1.5b1.7b1.6b

EBIT

646.0m611.0m583.0m

EBIT margin, %

18%16%16%

Interest expense

28.0m35.0m35.0m

Pre tax profit

609.0m579.0m553.0m

Income tax expense

159.0m139.0m157.0m

Net Income

450.0m440.0m396.0m

Essilor Balance Sheet

Annual

EURFY, 2015FY, 2016FY, 2017

Cash

466.0m517.0m484.0m

Accounts Receivable

1.3b1.5b1.5b

Prepaid Expenses

61.0m67.0m87.0m

Inventories

1.1b1.1b1.1b

Current Assets

3.3b3.5b3.5b

PP&E

1.2b1.2b1.1b

Goodwill

5.3b6.2b5.6b

Total Assets

12.0b13.2b12.3b

Accounts Payable

624.0m697.0m759.0m

Short-term debt

674.0m1.2b491.0m

Current Liabilities

2.9b3.7b3.0b

Long-term debt

1.9b1.4b1.7b

Non-Current Liabilities

3.0b2.4b2.4b

Total Debt

2.6b2.6b2.2b

Common Stock

39.0m39.0m39.0m

Additional Paid-in Capital

400.0m591.0m635.0m

Total Equity

6.1b7.1b6.9b

Debt to Equity Ratio

0.4 x0.4 x0.3 x

Debt to Assets Ratio

0.2 x0.2 x0.2 x

Financial Leverage

2 x1.9 x1.8 x

Half Year

EURH1, 2016H1, 2017H1, 2018

Cash

461.0m594.0m542.0m

Prepaid Expenses

71.0m91.0m89.0m

Inventories

1.1b1.1b1.2b

Current Assets

3.4b3.7b3.8b

PP&E

1.2b1.1b1.1b

Goodwill

5.5b5.8b5.6b

Total Assets

12.2b12.9b12.6b

Short-term debt

1.0b1.0b917.0m

Current Liabilities

3.2b3.4b3.3b

Long-term debt

1.7b1.8b1.6b

Non-Current Liabilities

2.7b2.7b2.3b

Total Debt

2.7b2.9b2.5b

Common Stock

39.0m39.0m39.0m

Additional Paid-in Capital

561.0m595.0m636.0m

Total Equity

6.4b6.7b7.0b

Debt to Equity Ratio

0.4 x0.4 x0.4 x

Debt to Assets Ratio

0.2 x0.2 x0.2 x

Financial Leverage

1.9 x1.9 x1.8 x

Essilor Cash Flow

Annual

EURFY, 2015FY, 2016FY, 2017

Net Income

813.0m880.0m878.0m

Depreciation and Amortization

380.0m360.0m549.0m

Cash From Operating Activities

1.2b1.2b1.2b

Purchases of PP&E

(327.0m)(294.0m)(308.0m)

Cash From Investing Activities

(1.1b)(1.0b)(598.0m)

Long-term Borrowings

(47.0m)(34.0m)(305.0m)

Dividends Paid

(251.0m)(119.0m)(364.0m)

Cash From Financing Activities

(252.0m)(143.0m)(635.0m)

Net Change in Cash

(171.0m)29.0m

Interest Paid

35.0m56.0m56.0m

Income Taxes Paid

265.0m264.0m234.0m

Half Year

EURH1, 2016H1, 2017H1, 2018

Net Income

450.0m440.0m396.0m

Depreciation and Amortization

205.0m297.0m229.0m

Cash From Operating Activities

392.0m456.0m413.0m

Purchases of PP&E

(145.0m)(125.0m)(150.0m)

Cash From Investing Activities

(419.0m)(396.0m)(312.0m)

Long-term Borrowings

134.0m396.0m343.0m

Dividends Paid

(261.0m)(350.0m)(385.0m)

Cash From Financing Activities

34.0m50.0m(41.0m)

Net Change in Cash

7.0m110.0m60.0m

Interest Paid

37.0m34.0m28.0m

Income Taxes Paid

124.0m129.0m114.0m

Essilor Ratios

EURFY, 2015

Revenue/Employee

110.1k

Debt/Equity

0.4 x

Debt/Assets

0.2 x

Financial Leverage

2 x

Essilor Operating Metrics

FY, 2016FY, 2017FY, 2018

Production Plants (Essilor)

333432

Prescription Laboratories and Edging-Mounting Facilities (Essilor)

490481475

Distribution Centers (Essilor)

161414

Integrated Lens and Frame Platforms (Essilor)

458

Prescription Lenses Output (Essilor)

508 m540 m570 m

Non-Prescription Sun Lenses Output (Essilor)

32 m30 m20 m

Coated and Surfaced Lenses (Essilor)

129 m135 m139 m

Patent Families

1.5 k1.78 k1.85 k

Patents and Patent Applications

8.07 k8.78 k9.54 k

Trademark Families

1.41 k1.96 k2.03 k

Trademarks and Trademark Applications

7.24 k8.78 k10.17 k

Domain Names Registered

2.59 k2.95 k4.04 k

Designs

543578720

Patent Applications

109143157

New Trademark Families

108113130

New Domain Names

270290140

Essilor Employee Rating

3.5950 votes
Culture & Values
3.6
Work/Life Balance
3.5
Senior Management
3.1
Salary & Benefits
3.7
Career Opportunities
3.2
Source