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Luxottica is constantly on the show strong growth in 3q10

The particular third quarter of 2010, luxottica solid growth continued to contribute towards excellent results due to the intense work of both its retail and wholesale divisions, the effectiveness of its brands and the success of commercial initiatives in all the main geographic areas in which the group operates.Net gain for the quarter topped the euro 100 million mark, with net sales forthcoming euro 1.5 billion dollars.

Achieved in the third quarter of 2010 were impressive, said andrea guerra, ceo of luxottica.Our people were able to strongly react to and enjoy the opportunities offered by the new world in which we operate.Dollars in america rose by 8.5% over the third quarter last year whilst in the a strong increase in key emerging markets, Where net sales grew by 26% over yr after.Due eye must be given to the new growth trend of our premium and luxury brands:Throughout the last two quarters, we experienced a steady increase in the number of consumers again interested in these brands.I also really proud of our really good positive free cash flow(3), Akin to more than euro 250 million in the quarter, Which confirmed the validity of our business model and the constant attention to capital.Success achieved thus far allow us to look optimistically toward a year end that, if we continue to work with the determination and passion shown lately, may allow us to reach the threshold of euro 400 million of net gain.During the third quarter of the season, luxottica successfully achieved very good success in most of the geographic regions in which it operates.The wholesale division made a decisive share to these results with its continued growth in both more mature markets, such as the us.And europe, and in awakening markets, where net sales increased by more than 20% for the fourth sequential quarter, with increases of close to 40% seen in india and south korea.

The group also posted very good results at lenscrafters, which returned to its position as a leader in the american optical retail sector, possibly at sunglass hut, today these days, everyone leading sun specialty stores chain.

Through the third quarter of 2010, net specials rose Ralph Lauren Polo Shirts:http://www.ycol.co.uk/ by 19.7% at current forex rates and by +8.6% at constant forex rates(2)To dollar 1, 464.7 million, At euro 1, 223.3 million for the third quarter of 2009.Around the first nine months, net solution commissions rose by 13.1% to dollar 4, 451.5 million, Produced by euro 3, 937.2 million inside of first nine months of 2009.

Ebitda(3)Grew over the year before by +25.6% to pound 263.5 million, By euro 209.8 million included in a very third quarter of 2009.Within first nine months, ebitda(3)Improved from euro 711.3 million for you to the first nine months of 2009 to euro 841.5 million(+18.3%)For a similar period in 2010.

Functioning income was euro 186.4 million for that third quarter of 2010(Dollar 139.6 million for similar period last year, +33.6%), So the Group operating margin improved from 11.4% in your third quarter of 2009 to 12.7% for the similar period in 2010.In the first nine months of the season, running income amounted to euro 616.0 million, Over 23.9% on the euro 497.0 million posted for similar period last year.

Net gain for the third quarter of 2010 increased to euro 101.9 million(Towards by +34.5% as a result of euro 75.8 million for a similar period in 2009), Leaving us with earnings per share(Airs)Of european 0.22(At the normal euro/dollar exchange rate of 1.2910).The first nine months of the season, net gain amounted to euro 347.1 million, In 28.6% on the euro 269.9 millionposted for similar period last year, Generating EPS of euro 0.76(At a normal euro/dollar exchange rate of 1.3145).

For third quarter of 2010, repeatedly, the group put together excellent positive free cash flow(3) (About euro 250 million).Net obligations(3)As of sept 30, 2010, came to euro 2, 269 million(Dinar 2, 337 million at the conclusion of 2009), Accompanying a ratio of net debt to EBITDA(3)Most typically associated with 2.3X as vary 2.7X get of 2009.

Overview of speed at the wholesale division

Through the third quarter, the wholesale division continued to record excellent results thanks to the continuing success of commercial initiatives, the great passion by customers of collections and initiatives such as the buying days, along with good success from all group brands.Unusually noteworthy, for the second quarter one after, the premium and luxury brands accelerated their betterment trend, marking approximately 20% increase in net sales.Ray ban and oakley long-Term their double digit growth, with great results enjoyed by the optical collections.In terms of sales performance in the main physical areas, luxottica saw very good success in emerging markets, accumulate in brazil, china and indian, and europe.

The division's net deal rose to euro 518.3 million while during the third quarter of 2010, By way of euro 429.5 million with third quarter of 2009(+20.7% at current fx rates and +12.4% at constant forex rates(2)).On the first nine months of 2010, net bargains were euro 1, 722.9 million, Way in place 14.4% coming from euro 1, 506.5 million captured for the first nine months of 2009(+9.5% at constant fx rates(2)).

Operating income for the comprehensive division amounted to euro 94.9 million in your third quarter of 2010, Via a flight by 53.8% in comparison to euro 61.7 million for that third quarter of 2009.The working with margin rose to 18.3% inside third quarter of 2010, Such as 14.4% your third quarter of 2009, Confirming the potency of the measures taken to recover margins and a better price point/product mix effect.Within a first nine months of 2010, the running margin was 21.6%(19.7% in the same associated with time 2009).

Overview of effectiveness at the retail division

This third quarter, the retail division posted financial success, boosted by positive actions at lenscrafters and sunglass hut.Notably, corresponding store sales(4)At lenscrafters improved by 8.4% for the third quarter of 2010 over the same period yr after, With on account of the strong efforts of the entire organization and the solid trend of both and prescription sunglass sales, As well as the good success seen in sales during the back to school period.

Sunglass hut also posted very good results in terms of margins, with overall common store sales(4)Via a flight 9.6% versus last year, With a very positive trend in the us(+12.5%).

To the contrary, same store sales(4)Were negative around australia, where the retail market scenario is still stressful.Forex trading, the group is reacting with new initiatives aimed at increasing consumer traffic at the store level and at further increasing the buying experience.Results in this quarter are positive.

Net sales for the retail division that is why rose to euro 946.5 million during third quarter of 2010, Hailing beyond euro 793.8 million in your third quarter of 2009(+19.2% at current fx rates, +6.5% at constant fx rates(2)).For the first nine months of 2010, net sales negotiation were euro 2, 728.6 million, Towards 12.3% in euro 2, 430.8 million registered for the first nine months of 2009(+5.9 at constant fx rates(2)).

The division carrying out work income grew by +13.5% to pound 129.3 million, Starting received of euro 113.9 million interior third quarter of 2009.The managing margin for the third quarter of 2010 decreased from 14.3% your same period last year to 13.7%.In a first nine months of 2010, the functioning margin was 13.0%(12.8% to the first nine months of 2009).

The board of directors also resolved to amend private information by laws, in order to meet the new criteria introduced by italian intention decree no.27/2010, Using Directive 2007/36/EC on shareholder rights.In keeping with the provisions of consob regulation no.17221/2010, And with the favorable proposition of the Internal Control Committee, Whose members are precisely independent directors, The Board of Directors approved the new procedure on trades with related parties. (Cet)During a business call with the financial community.

As stated by subsection 2 of article 154 bis of the italian consolidated finance law, the director appointed to prepare the balances, enrico cavatorta, hereby declares that the accounting disclosure seen in this release complies with the results of the http://www.ycol.co.uk/ralph-lauren-cheap.html accounting records, books and signs up of the group.

(1)All quotations, including part changes, are between your three and nine month periods ended september 30, 2010 and sept 30, 2009, as required, as outlined by ias/ifrs.

(2)Figures given at constant exchange rates have been calculated using the average exchange rate of the respective comparative period in the year before.For bavarian motor works customer, please make reference to the attached tables.

(3)Ebitda, free earnings, net debt and the ratio of net debt to ebitda are not measures as stated by ias/ifrs.For bavarian motor works customer on such non ias/ifrs measures, please see the included tables.

(4)Comparable store sales reflect the change in sales from one period the that, to compare and contrast purposes, includes in the calculation only stores open in the more modern period that also were open during the comparable prior period, and pertains to both periods the average exchange rate for the prior period and Ralph Lauren Womens Shorts the same geographic area.

Luxottica group is a world leader in premium fashion, luxury and sports eyewear exceeding 6, 300 optical and sun outlets in north america, asia ocean, china based online shop, south africa and europe and a strong and sensible brand portfolio.Luxottica key house brands encompass ray ban, the best known sun eyewear brand globally, oakley, fashion, persol, oliver individuals, arnette and / or revo, while permit brands include bvlgari, burberry, chanel, dolce gabbana, donna karan, polo ron lauren, prada, salvatore ferragamo, tiffany coupled with versace.As well as a global wholesale network covering 130 different countries, the group manages leading retail brands as an example lenscrafters, pearle vision and ilori in canada and america, opsm and laubman pank in asia pacific cycles, lenscrafters in china and sunglass hut across the globe.The group's products are designed and manufactured at its six developing plants in italy, two wholly owned plants in china and a sport sunglass producing facility in the us.Of 2009, luxottica group posted combined net sales of euro 5.1 thousand.

Certain statements in this report may constitute looking statements as defined in the private securities litigation reform act of 1995.Such argument involve risks, concerns and other factors that could cause actual results to differ materially from those which are anticipated.Stock options and exchange commission.These forward looking states are made as of the date hereof and luxottica group does not assume any obligation to update Cheap Ralph Lauren Polo them.

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