<- Go home

Added to YB: 2026-08-06

Pitch date: 2026-07-31

EL.PA [neutral]

EssilorLuxottica Société anonyme

+4.1%

current return

Author Info

No bio for this author

Company Info

EssilorLuxottica Société anonyme designs, manufactures, and distributes ophthalmic lenses, frames, sunglasses, and instruments and equipment in North America, the Middle East, Africa, Europe, Latin America, and the Asia-Pacific.

Market Cap

EUR 78.4B

Pitch Price

EUR 164.70

Price Target

N/A

Dividend

2.35%

EV/EBITDA

13.46

P/E

31.86

EV/Sales

3.16

Sector

Health Care Equipment and Supplies

Category

growth

Show full summary:
Theodosian Capital | Stocks Update 31/7/2026 - EL – Margins compensate for revenue miss

EL.PA (earnings): H1 rev €14.8bn, +9.7% CER (+5.7% AER) but below consensus; op profit €2.8bn vs €2.5bn, adj margin +80bps CER. Net debt €13.4bn (2.0x EBITDA). Store count 19,686 (Thai deal); Asia €1.9bn rev = LT upside. AI glasses 2x'd, margin expansion counters dilution fears. 18.1x 2028E, 3.1% yield.

Read full article (1 min)