By Inti Landauro
PARIS--French lens maker Essilor International (EI.FR) confirmed
Friday its full-year sales target after sales over the first nine
months of the year rose 10% compared with the same period a year
earlier.
Essilor reiterated it expects sales to rise faster than 13% in
2014, excluding the effects of currency swings and mergers and
acquisitions. The company had raised the target in August from a
forecast of 10%-12% growth.
Over the first nine months of the year, the company said its
sales revenue rose 10% to 4.2 billion euros ($5.33 billion).
Essilor added revenue rose 14.4% to EUR1.42 billion. Analysts
polled by Factset had expected an average revenue of EUR1.41
billion for the period.
"The appreciation of the U.S. dollar at the end of the period
generated a positive impact at the end of the period," Essilor
said.
Write to Inti Landauro at inti.landauro@wsj.com
Access Investor Kit for Essilor International SA
Visit
http://www.companyspotlight.com/partner?cp_code=A591&isin=FR0000121667
Access Investor Kit for Essilor International SA
Visit
http://www.companyspotlight.com/partner?cp_code=A591&isin=US2972842007
Subscribe to WSJ: http://online.wsj.com?mod=djnwires