Log in
Show password
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 
  1. Homepage
  2. Equities
  3. France
  4. Euronext Paris
  5. EssilorLuxottica
  6. News
  7. Summary
    EL   FR0000121667


Real-time Quote. Real-time Euronext Paris - 11/26 11:35:28 am
178.88 EUR   -5.07%
11/22Generali investor De Agostini set to sell stake, to vote at AGM
11/22ESSILORLUXOTTICA : UBS reiterates its Buy rating
11/19ESSILORLUXOTTICA : Technically solid
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

EssilorLuxottica : Facebook and EssilorLuxottica Announce Collaboration for Smart Glasses

09/16/2020 | 01:15pm EST

Facebook and EssilorLuxottica Announce
Collaboration for Smart Glasses

Menlo Park, California, and Charenton-le-Pont, France (September 16, 2020 – 7:15 pm CEST) – Facebook, Inc. and EssilorLuxottica today announced a multiyear collaboration to develop the next generation of smart glasses. The announcement was made by Mark Zuckerberg during Facebook Connect, an annual conference held virtually from California.

The partnership will combine Facebook apps and technologies, Luxottica’s category leadership and iconic brands, and Essilor’s advanced lens technology to help people stay better connected to their friends and family. The first product will be branded Ray-Ban, the world’s most popular eyewear brand, and is scheduled to launch in 2021. It will combine the best of both worlds – innovative technology and fashion-forward style – to create smart glasses that consumers will truly love wearing.


We’re passionate about exploring devices that can give people better ways to connect with those closest to them. Wearables have the potential to do that. With EssilorLuxottica we have an equally ambitious partner who’ll lend their expertise and world-class brand catalogue to the first truly fashionable smart glasses,” said Andrew Bosworth, Vice President of Facebook Reality Labs.


We are especially proud of our collaboration with Facebook, which projects an iconic brand like Ray-Ban into an increasingly digital and social future. Combining a brand that is loved and worn by millions of consumers around the globe with technology that has brought the world closer together, we can reset expectations around wearables. We are paving the way for a new generation of products destined to change the way we look at the world,” commented Rocco Basilico, Chief Wearables Officer at Luxottica.


Product name, specs, software capabilities, pricing, and other details will be shared closer to launch in 2021.




Facebook, Inc.                                                                                               EssilorLuxottica

Kyla Keefe                                                                                                      Marco Catalani

Communications Manager, Facebook Reality Labs                              Head of Corporate Communications

e-mail: Kyla@fb.com                                                                                    e-mail: media@essilorluxottica.com

Facebook, Inc.
Founded in 2004, Facebook's mission is to give people the power to build community and bring the world closer together. People use Facebook's apps and technologies to connect with friends and family, find communities and grow businesses.

EssilorLuxottica is a global leader in the design, manufacture and distribution of ophthalmic lenses, frames and sunglasses. Formed in 2018, its mission is to help people around the world to see more, be more and live life to its fullest by addressing their evolving vision needs and personal style aspirations. The Company brings together the complementary expertise of two industry pioneers, one in advanced lens technology and the other in the craftsmanship of iconic eyewear, to set new industry standards for vision care and the consumer experience around it. Influential eyewear brands including Ray-Ban and Oakley, lens technology brands including Varilux and Transitions, and world-class retail brands including Sunglass Hut and LensCrafters are part of the EssilorLuxottica family.


11/22Generali investor De Agostini set to sell stake, to vote at AGM
11/22ESSILORLUXOTTICA : UBS reiterates its Buy rating
11/16EMEA MORNING BRIEFING : Caution Likely as Traders Monitor Biden-Xi Summit
11/15With an eye on the stock market, Italy's Illycaffe picks new CEO
11/11Generali's 9-month profit beats expectations, has 1 billion euros left for potential M&..
11/09WORLD SIGHT DAY : EssilorLuxottica employees put vision first around the world with first-..
11/05PUMP / DUMP #9 : This week's gainers and losers
11/02Transcriptions Pdf 0.20MB
11/01ESSILORLUXOTTICA : UBS reiterates its Buy rating
10/29EUROPE : European shares end flat, but add nearly 5% in October on strong earnings
More news
Analyst Recommendations on ESSILORLUXOTTICA
More recommendations
Sales 2021 19 612 M 22 151 M 22 151 M
Net income 2021 1 956 M 2 209 M 2 209 M
Net Debt 2021 9 404 M 10 621 M 10 621 M
P/E ratio 2021 39,6x
Yield 2021 1,34%
Capitalization 78 886 M 89 268 M 89 098 M
EV / Sales 2021 4,50x
EV / Sales 2022 3,85x
Nbr of Employees 144 888
Free-Float 63,8%
Duration : Period :
EssilorLuxottica Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ESSILORLUXOTTICA
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 21
Last Close Price 178,88 €
Average target price 183,38 €
Spread / Average Target 2,51%
EPS Revisions
Managers and Directors
Francesco Milleri Chief Executive Officer & Non-Independent Director
Stefano Grassi Co-Chief Financial Officer
David Wielemans Co-Chief Financial Officer
Leonardo del Vecchio Executive Chairman
Jean Carrier-Guillomet Co-Chief Operating Officer
Sector and Competitors