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Essilor - 2009 Financial Results
Date:3/4/2010

Goodwill increased by EUR102 million in 2009, to stand at EUR1,060 million at year-end, or 25% of total assets.

Inventories

Inventories amounted to EUR486 million at December 31, 2009, an increase of EUR10 million or 1% like-for-like.

In all, the balance sheet structure was strengthened, with an equity to assets ratio of 65.2%.

ACQUISITIONS IN 2009

Essilor actively pursued its acquisitions strategy in 2009, purchasing interests in 27 companies during the year, mainly prescription lens laboratories or distributors. The strategy was deployed in every region, with 13 acquisitions in North America, five in Europe, six in Asia-Pacific,
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SOURCE Essilor
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