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MarketScreener Homepage  >  Equities  >  Euronext Paris  >  EssilorLuxottica    EL   FR0000121667

ESSILORLUXOTTICA

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EssilorLuxottica : Targets Online Retailer Brille24.de -Handelsblatt

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02/11/2019 | 03:29am EST

--EssilorLuxottica plans to acquire Brille24.de, a German online eyewear retailer, in the second quarter of this year, Handelsblatt reports, citing sources.

--The price lies in the mid-double-digit million range, according to the newspaper.

--The majority of Brille24.de is owned by venture capital investors Time for Growth and VCDE, with the remainder held by a number of smaller investors, Handelsblatt says.

--Revenue figures for Brille24.de aren't available, but in early 2018 the chief executive said last year's sales target was 30 million euros ($34 million), the paper says.

Full story: https://bit.ly/2TOgZpX

Write to Barcelona editors at barcelonaeditors@dowjones.com

Stocks mentioned in the article
ChangeLast1st jan.
ESSILOR INTERNATIONAL SA End-of-day quote.
ESSILORLUXOTTICA -0.28% 105.8 Real-time Quote.-3.94%
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Financials (€)
Sales 2018 14 726 M
EBIT 2018 1 932 M
Net income 2018 1 152 M
Debt 2018 1 492 M
Yield 2018 1,66%
P/E ratio 2018 32,72
P/E ratio 2019 24,27
EV / Sales 2018 3,21x
EV / Sales 2019 2,76x
Capitalization 45 852 M
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Technical analysis trends ESSILORLUXOTTICA
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Income Statement Evolution
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Mean consensus HOLD
Number of Analysts 15
Average target price 121 €
Spread / Average Target 15%
EPS Revisions
Managers
NameTitle
Hubert Sagnières Chairman & Chief Executive Officer
Laurent Vacherot President, Co-COO & Non-Independent Director
Paul du Saillant Co-Chief Operating Officer
Jean Carrier-Guillomet Co-Chief Operating Officer
Hilary Halper Chief Financial Officer
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