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MarketScreener Homepage  >  Equities  >  Euronext Paris  >  EssilorLuxottica    EL   FR0000121667

ESSILORLUXOTTICA

(EL)
  Report
Delayed Quote. Delayed Euronext Paris - 07/14 11:35:02 am
118.55 EUR   -1.86%
04:46aESSILORLUXOTTICA : EU Demands EssilorLuxottica Sell Stores to Secure GrandVision Deal -FT
DJ
07/03ESSILORLUXOTTICA : UBS gives a Neutral rating
MD
07/03ESSILORLUXOTTICA : RBC sticks Neutral
MD
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EssilorLuxottica Risks Penalty as Virus Delays GrandVision Deal Clearance -FT

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04/17/2020 | 04:46am EDT

--Ray-Ban owner EssilorLuxottica SA faces a penalty of about 80 million euros ($86.9 million) for missing a deadline for regulatory approval of its deal to take over GrandVision NV, the Financial Times reports, citing unnamed sources.

--The Franco-Italian optical company had agreed to pay a penalty if it doesn't close the EUR7 billion deal by the end of July but, given the coronavirus shutdown, the European Commission has suspended its competition investigation making it likely that Brussels won't clear the deal before this deadline, the FT reports.

--EssilorLuxottica will have to pay the penalty despite this being due to the coronavirus, and other deals face similar likely penalties according to merger advisors, the FT reports.

 

Full story: https://on.ft.com/2RKeUMy

 

Write to Barcelona editors at barcelonaeditors@dowjones.com

 

Stocks mentioned in the article
ChangeLast1st jan.
ESSILORLUXOTTICA -1.86% 118.55 Real-time Quote.-11.05%
GRANDVISION N.V. -0.97% 25.65 Delayed Quote.-5.54%
THE NEW HOME COMPANY INC. -4.24% 3.39 Delayed Quote.-24.03%
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Latest news on ESSILORLUXOTTICA
04:46aESSILORLUXOTTICA : EU Demands EssilorLuxottica Sell Stores to Secure GrandVision..
DJ
07/03ESSILORLUXOTTICA : UBS gives a Neutral rating
MD
07/03ESSILORLUXOTTICA : RBC sticks Neutral
MD
07/01ESSILORLUXOTTICA : Jefferies sticks Neutral
MD
07/01ESSILORLUXOTTICA : Deutsche Bank reaffirms its Neutral rating
MD
07/01ESSILORLUXOTTICA : Kepler Cheuvreux remains its Buy rating
MD
06/25ESSILORLUXOTTICA 2020 ANNUAL SHAREHO : Shareholders adopt all Board resolutions
PU
06/25ESSILORLUXOTTICA : 2020 Annual Shareholders' Meeting: Shareholders adopt all Boa..
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06/25ESSILORLUXOTTICA : Message from the Executive Chairman and the Executive Vice-Ch..
PU
06/25ESSILORLUXOTTICA : Answers to Shareholders' Questions
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More news
Financials
Sales 2020 15 009 M 17 094 M 17 094 M
Net income 2020 1 237 M 1 409 M 1 409 M
Net Debt 2020 3 220 M 3 667 M 3 667 M
P/E ratio 2020 54,5x
Yield 2020 1,26%
Capitalization 51 320 M 58 492 M 58 449 M
EV / Sales 2019
EV / Sales 2020 3,63x
Nbr of Employees 152 954
Free-Float 63,0%
Chart ESSILORLUXOTTICA
Duration : Period :
EssilorLuxottica Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ESSILORLUXOTTICA
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 20
Average target price 122,74 €
Last Close Price 118,55 €
Spread / Highest target 22,3%
Spread / Average Target 3,53%
Spread / Lowest Target -24,1%
EPS Revisions
Managers
NameTitle
Paul du Saillant Chief Executive Officer & Director
Leonardo del Vecchio Executive Chairman & Chief Executive Officer
Jean Carrier-Guillomet Co-Chief Operating Officer
Stefano Grassi Co-Chief Financial Officer
David Wielemans Co-Chief Financial Officer
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