EL1:SWX
EssilorLuxottica SA
CHF 140.00
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-10.17%(-15.85) 1D
Sep 7, 9:34:19 AM GMT+2 · CHF
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Open
CHF 140.00
High
CHF 140.00
Low
CHF 140.00
Mkt. cap
69.13B
Avg. vol.
90.00
Volume
4.00
52-wk high
CHF 160.80
52-wk low
CHF 140.00
Shares outstanding
1.00
No. of employees
214K
Open
CHF 140.00
High
CHF 140.00
Low
CHF 140.00
Mkt. cap
69.13B
Avg. vol.
90.00
Volume
4.00
52-wk high
CHF 160.80
52-wk low
CHF 140.00
Shares outstanding
1.00
No. of employees
214K
News stories
From web sources and news partners
AD HOC NEWS
·
1 hour ago
EssilorLuxottica stock falls as founder’s son demands strategic shift
marketscreener.com
·
2 hours ago
Based on fundamentals, there's nothing mysterious behind the slump in EssilorLuxottica's share price
AD HOC NEWS
·
3 hours ago
EssilorLuxottica stock falls as founder’s son pushes for strategic shift
Financial Times
·
6 hours ago
EssilorLuxottica overhauls management after rift with founder’s son
Profile
EssilorLuxottica SA is a Franco-Italian vertically integrated multinational holding company registered in Charenton-Le-Pont and headquartered both in Paris and Milan. It designs, produces and markets ophthalmic lenses, equipment and instruments, prescription glasses and sunglasses. It was founded on 1 October 2018, and its name is an amalgamation of the two major corporations which merged to create it; the French Essilor and the Italian Luxottica. The two companies have, since the merger, been restructured as subsidiaries of the new entity.
Under the terms of the merger agreement, Essilor would purchase Luxottica, but Luxottica's leadership would be guaranteed prominent positions in the newly-formed corporation as well as some seats on its board of directors; the Luxottica founder, Leonardo Del Vecchio, was notably designated chairman. The first few years of EssilorLuxottica post-merger were marred by disputes over leadership roles, but Del Vecchio was able to bring them to a satisfactory end.
Essilor and Luxottica were respectively the world's leading manufacturers of ophthalmic lenses and of eyeglasses; upon the merger, EssilorLuxottica thus became a monopoly. Wikipedia
About EssilorLuxottica SA
CEOFrancesco Milleri
Employees214K
FoundedOct 1, 2018
Headquarters-
SectorMedical device
Websiteessilor.com