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

erty, plant and equipment and intangible assets, according to the IFRS consolidated cash flow statement.

In a recessionary economy, 2009 saw an unprecedented slowdown in the ophthalmic optical market. In this context, Essilor was able to demonstrate the solidity of its growth model and continued to progress in the market by leveraging its innovative products and efficient distribution networks and by stepping up its acquisition strategy.

    The year's highlights included:

    - Successful new products, including the new Crizal(R) anti-reflective
      lens, Xperio(TM) polarizing lens, personalized lenses incorporating
      eyecode(TM) technology and the Mr Blue(R) edger.
    - Faster deployment in the mid-range, thanks to a dedicated local
      offering.
    - Entry of 27 new companies into the Company in all regions.
    - Pursuit of productivity gains and operational efficiency.

Dividend

Based on its confidence in the Company's outlook, the Board of Directors will recommend that shareholders at the Annual Meeting on May 11, 2010 approve the payment of a 2009 dividend of EUR0.70 per share, representing a 6.1% increase over the 2008 dividend. The payout ratio increased to 37%. The dividend will be payable as from

SOURCE Essilor
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