Essilorluxottica (ESLOF)

Essilor International SA was formed on October 6, 1971. The Company designs, manufactures, purchases, sells and trades all eyewear and optical products. It also manufactures, purchases and sales frames, sunglasses, protective lenses and other protective equipment, and eyeglass and contact lenses. The Company operates in three business segments: Lenses & Optical Instruments, Equipment, and Readers. The Lenses & Optical Instruments business segment comprises the Lens business (production, finishing, distribution and trading) and the Instruments business (small equipment used by opticians and relating to the sale of lenses). The end customers for this business are eye care professionals. The Equipment business segment comprises the production, distribution and sale of high capacity equipment, such as digital surfacing machines and lens polishing machines, used in manufacturing plants and prescription laboratories for finishing operations on semi-finished lenses. The end customers for this business segment are optical lens manufacturers. The Readers business segment comprises the production, distribution and sale of non-prescription reading glasses and sunglasses. The end customers for this segment are retailers that sell non-prescription reading glasses to consumers. It operates in North America, Europe, Asia-Pacific/Middle East/Africa, and Latin America. The Company's competitors are Hoya (Japan) and Carl Zeiss Vision (Germany).