Essilorluxottica

EL: XPAR (FRA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	€388.00	Tll	Pmkwqdg

Essilorluxottica Earnings: Solid Sales Trends and Margin Expansion; Shares Slightly Expensive

Jelena Sokolova

Jul 26, 2024

We are increasing our fair value estimate for wide-moat Essilorluxottica to EUR 173 on back of solid first-half results. Markets are reacting strongly to the results and to speculation of Meta being interested in buying a stake in Essilorluxottica, its partner in smart eyewear technology.

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