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Essilor : 2008 Results
Date:3/5/2009

2007 2006(a) share data Revenue 3,074,419 2,908,116 2,689,958 Cost of sales (1,325,106) (1,233,977) (1,123,078) GROSS MARGIN 1,749,313 1,674,139 1,566,880 Research and development costs (144,518) (137,672) (127,629) Selling and distribution costs (672,268) (642,634) (604,548) Other operating expenses (381,368) (366,417) (352,137) CONTRIBUTION FROM OPERATIONS 551,159 527,416 482,566 Restructuring costs, net (3,736) (958) (2,662) Impairment losses 0 (2,293) (2,929) Compensation costs on share-based payments (24,906) (20,185) (16,101) Other income and expenses from operations, net (7,357) (948) (68) Gains and losses on asset disposals, net (629) 1,557 (304) OPERATING PROFIT 514,531 504,589 460,502 Finance costs (28,181) (35,759) (30,510) Income from cash and cash equivalents 29,042 32,934 20,090 Other financial income and expenses, net (3,368) (3,688) (9,442) PROFIT BEFORE TAX 512,024 498,076 440,640 Income tax expense (149,266) (155,949) (137,534) NET PROFIT OF CONSOLIDATED COMPANIES 362,758 342,127 303,106 Share of profits of associates 26,053 28,743 28,499 NET PROFIT 388,811 370,870 331,605 Attributable to equity holders of Essilor International 382,356 366,740 328,73
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