EssilorLuxottica avoids tariffs and achieves record revenues
EssilorLuxottica reports record revenues of €28.5 billion for 2025, driven by strong growth across all regions despite challenges from U.S. tariffs and adjustments related to AI glasses.
EssilorLuxottica has concluded the fiscal year 2025 with impressive results, reporting a record revenue of €28.5 billion, marking an 11.2% increase at constant exchange rates. This remarkable performance is attributed to robust growth in key markets, including North America, EMEA, and Asia-Pacific, all experiencing double-digit revenue growth. Despite various challenges, the company’s operational resilience showcases its strong market position worldwide.
In terms of profitability, the group's net income remained stable year-on-year at €2.3 billion, while the adjusted operating profit reached €4.5 billion, corresponding to a 15.7% operating margin on revenues. At constant exchange rates, the margin stands at 16%. The results reflect the impact of U.S. tariffs and the rising significance of revenues derived from AI glasses, particularly affecting the latter half of the year. The gross adjusted profit was reported at €17.3 billion, approximately 60.9% of revenues, but saw a decline of 260 basis points, largely due to adverse tariff effects and increasing revenues from AI glasses.
These developments indicate not only the financial robustness of EssilorLuxottica but also highlight the complexities involved in navigating tariffs and evolving market demands in the technology-enhanced eyewear sector. The company’s ongoing success is essential for stakeholders as they adapt to shifts in consumer preferences and international trade dynamics, particularly in an era where artificial intelligence is playing a significant role in product innovation and market expansion.