EssilorLuxottica shares jump on Q4 results, smartglasses demand

(Sharecast News) - Shares in EssilorLuxottica were rising strongly in Paris on Wednesday after the Franco-Italian eyewear giant impressed with fourth-quarter results the previous evening and expressed optimism about the growing smartglasses market. The company, which produces ophthalmic equipments, prescription glasses and sunglasses, and is known for brands like Ray-Ban and Oakley, reported an 18.4% year-on-year increase in revenues at constant currency over the final three months of 2025 to €7.6bn.

That was helped by a 29.2% surge in sales in the Professional Solutions division and a 9.3% increase in Direct to Consumer.

Double-digit growth was seen across North America, EMEA and Asia-Pacific, tempered slightly by a high-single-digit increase in Latin America - its smallest region.

The company said it sold more than 7m AI-glasses in 2025 through partnerships with Meta on Ray-Bans and Oakley.

"This year marks a historic milestone: for the first time in EssilorLuxottica's history, we delivered annual double-digit sales growth at constant currency, following another record quarter in Q4, up 18.4%," said chair and chief executive Francesco Milleri.

"In an uncertain macroeconomic and geopolitical environment, and despite headwinds from US tariffs, we reached record earnings, while making bold investments to advance our innovation agenda."

The firm's new long-term outlook predicted "solid growth" in revenues on average over the next five years.



Milleri said: "This sharp acceleration reflects the depth of our leadership across all our activities and our new categories, capable of generating sustained value for our stakeholders and for the industry as a whole. Our success in wearables is helping to propel the AI-glasses revolution, with our iconic brands being a powerful driver of demand."

The stock was up 5.9% at €265.50 by 0909 GMT.