Navigation Links
Essilor : 2008 Results
Date:3/5/2009

vement

Finance costs and other financial income and expenses represented a net expense of EUR2.5 million, versus EUR6.5 million in 2007. The improvement was led by a reduction in net finance costs due to a higher average cash position for the year (as the Satisloh acquisition price was settled in the fourth quarter).

Income tax expense: effective tax rate of 29.2%

Income tax expense of EUR149.3 million represented an effective tax rate of 29.2%, down from 31.3% in 2007. The improvement was led by a lower tax rate in the United States, and to a lesser extent in the Latin American countries, as well as by sharply higher earnings in regions where tax rates are below the Company average.

Share of profits of associates

The share of profits of associates Sperian Protection (15%-owned), Transitions (49%-owned) and Vision Web (44%-owned) was slightly lower, at EUR26.1 million. The decline resulted mainly from Sperian Protection's earnings and also from the negative impact of the dollar on Transitions' earnings, although the company had a good year.

Profit attributable to equity holders of the parent up 4.3% and earnings per share of EUR1.85

Consolidated net profit totaled EUR388.8 million for the year, an increase of 4.8%. Profit attributable to equity holders of the parent was 4.3% higher at EUR382.4 million and represented 12.4% of revenue (12.7% excluding Satisloh), virtually unchanged from 2007. Earnings per share grew 3.7% to EUR1.85.

BALANCE SHEET

Goodwill

Goodwill totaled EUR958 million at December 31, 2008, an increase of EUR367 million principally due to the Satisloh acquisition.

Inventories and working capital

Inventories amounted to EUR475 million at December 31, 2008, up 21% from a year-earlier as reported and 9.1% like-for-like.

    Investments

    EUR millions
'/>"/>
SOURCE Essilor
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15

Related medicine news :

1. Essilor : 2008 Revenue
2. Essilor Agrees to Acquire Signet Armorlite
3. Essilor Steps Up its Development in Eastern Europe
4. Essilor - First-Half 2008 Revenue
5. Essilor Agrees to Acquire Satisloh The World Leader in Optical Manufacturing Solutions
6. Essilors 2008 First-Quarter Report
7. Essilor Strengthens its Positions in Italy - Three New Acquisitions in the United States
8. Essilor : 2007 Results
9. Essilor Enters Bulgarian Market
10. Essilor Acquires Prescription Laboratories in the United Kingdom and the United States
11. Essilor Strengthens its Polarized Lens Distribution Network With the Acquisition of KBco
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/22/2015)... For over 20 years, Dr. David Cruz of Cruz ... has treated just about every type of injury that can result ... those same twenty-plus years, the team at Doctors on Liens ... best possible doctor. With the combined breadth of experience ...
(Date:1/22/2015)... 2015 Yesterday, Senator Holly Mitchell ... Kristin Olsen (R-Modesto) were honored by the California ... biotechnology, biomedical science, medical device and pharmaceutical innovation ... the “2014 Life Sciences Champion” award from CHI ...
(Date:1/22/2015)... WASHINGTON, DC (PRWEB) January 22, 2015 ... conditions in vulnerable communities and cause financial distress to ... report by analysts at Howard University’s Center on Race ... of dollars in economic activity, payday loans at the ...
(Date:1/22/2015)... 2015 Compare-autoinsurance.org has released a new blog post ... auto insurance policy . , Some types of vehicles ... check the newly released blog post to see if their vehicle ... damaged vehicles are some of the cars that cannot be covered ...
(Date:12/26/2014)... The US represents the largest market for CRC across ... estimates that sales of branded therapies were $2.23 billion. The ... incidence of the disease, high drug treatment rate, and higher ... sales of CRC therapies over the forecast period will be ...
Breaking Medicine News(10 mins):Health News:Industry Leading Chiropractor in Oceanside Joins the Doctors on Liens Network 2Health News:California Biomedical Community Honors Senator Holly Mitchell, Assemblymembers Susan Bonilla & Kristin Olsen 2Health News:California Biomedical Community Honors Senator Holly Mitchell, Assemblymembers Susan Bonilla & Kristin Olsen 3Health News:Howard University Spotlights the Economic Impact of Payday Lending in Southern States 2Health News:Some Vehicles Cannot Be Covered By An Auto Insurance Policy! 2Health News:US Colorectal Cancer Drug Market Analysis and Forecast to 2023 Report Available at ReportsnReports.com 2Health News:US Colorectal Cancer Drug Market Analysis and Forecast to 2023 Report Available at ReportsnReports.com 3Health News:US Colorectal Cancer Drug Market Analysis and Forecast to 2023 Report Available at ReportsnReports.com 4
... , This research was developed by Dr. Enrique ... University of Granada , and coordinated by Professor ... the researcher used data from the national and European projects ... and HELENA (Healthy Lifestyle in Europe by Nutrition in Adolescence) ...
... Up-to-Date ... , ... Jersey (PRWEB) May 27, 2010 -- Projects In Knowledge ( www.projectsinknowledge.com ), a fully ... Neurology: Parkinson’s Disease Edition as a free iPhone app, offering physicians and other clinicians ...
... ... office workflow and patient self-management, , ... Leawood, KS (PRWEB) May 27, 2010 -- ... (GPF), an independent network of physician group experts and education professionals, today announced ...
... ... have an Avaya maintenance agreement will no longer have access to per incident technical support ... (PRWEB) May 27, ... customers that do not have an Avaya maintenance agreement will no longer have access to ...
... ... , ... 2010 -- The globalization of manufacturing and supply of medical products has created unique and ... In light of recent adverse events, Industry and regulators are preparing to take significant ...
... ... Firm Brings 10-minute, Non-radioactive 13C-urea Breath Testing to the Western U.S. States. ... Newfields, ... in the diagnosis and monitoring of gastroenterological and liver related diseases, today announced ...
Cached Medicine News:Health News:Researchers validate a new test for assessing children's and teenagers' fitness to prevent morbidity 2Health News:Projects In Knowledge Launches Free iPhone App of Living Medical Textbook Neurology: Parkinson's Disease Edition 2Health News:Projects In Knowledge Launches Free iPhone App of Living Medical Textbook Neurology: Parkinson's Disease Edition 3Health News:TransforMED's Delta-Exchange Teams with Group Practice Forum to Present Free Webinar Series on Diabetes Population Management 2Health News:TransforMED's Delta-Exchange Teams with Group Practice Forum to Present Free Webinar Series on Diabetes Population Management 3Health News:TransforMED's Delta-Exchange Teams with Group Practice Forum to Present Free Webinar Series on Diabetes Population Management 4Health News:Avaya Announces End of Support to Non Maintenance Customers 2Health News:“Global Supply Chain Visibility and Security; Business Necessity, Regulatory Imperative” 2Health News:Exalenz Bioscience Expands Market Coverage for the BreathID Breath Test System 2Health News:Exalenz Bioscience Expands Market Coverage for the BreathID Breath Test System 3
(Date:1/23/2015)... LOS ANGELES , Jan. 23, 2015 A lot ... the best methods for treating  certain illnesses, injuries, or conditions. ... to replace previous treatment methods with ones that they consider ... treating hernias, there is not one textbook method of treatment ...
(Date:1/23/2015)... , Jan. 23, 2015  A new analysis of ... D 2015 enrollment data shows that 81 percent of ... access and extra discounts at certain pharmacies. The findings ... "Preferred pharmacy plans are now the foundation of Medicare ...
(Date:1/23/2015)... 2015 More than a third of reproductive-aged women enrolled ... private insurance, filled a prescription for an opioid pain medication ... week,s Morbidity and Mortality Weekly Report (MMWR). ... moderate to severe pain.  They are also found in some ...
Breaking Medicine Technology:No One-Size-Fits-All Remedy for Hernia Correction 2New Analysis: 81 Percent of Medicare Part D Seniors Choose "Preferred Pharmacy" Plans in 2015 2Opioid painkillers widely prescribed among reproductive age women 2Opioid painkillers widely prescribed among reproductive age women 3
... HRC ) invites you to listen to a ... financial officer, Hill-Rom. He will be speaking at the INVESTIndiana ... p.m. EDT. You are invited to listen to ... http://ir.hill-rom.com/events.cfm or access it directly at ...
... vaccines division of the sanofi-aventis Group (EURONEXT: SAN and ... U.S. Food and Drug Administration (FDA) has accepted for ... of Menactra® (Meningococcal [Groups A, C, Y and W-135] ... infants and toddlers for the prevention of invasive meningococcal ...
Cached Medicine Technology:Hill-Rom to Present at the INVESTIndiana Investor Conference 2FDA Accepts Sanofi Pasteur's Application to Expand Indication of Menactra® Vaccine to Infants and Toddlers 2FDA Accepts Sanofi Pasteur's Application to Expand Indication of Menactra® Vaccine to Infants and Toddlers 3FDA Accepts Sanofi Pasteur's Application to Expand Indication of Menactra® Vaccine to Infants and Toddlers 4FDA Accepts Sanofi Pasteur's Application to Expand Indication of Menactra® Vaccine to Infants and Toddlers 5
... a national reference laboratory and a worldwide ... ARUP offers an extensive test menu of ... clinical and anatomic pathology. Owned by the ... more than half of the nation's university ...
... reference laboratory and a worldwide leader in ... an extensive test menu of highly complex ... anatomic pathology. Owned by the University of ... half of the nation's university teaching hospitals ...
... a national reference laboratory and a worldwide ... ARUP offers an extensive test menu of ... clinical and anatomic pathology. Owned by the ... more than half of the nation's university ...
... ARUP Laboratories is a national reference ... laboratory research and development. ARUP offers an ... unique medical tests in clinical and anatomic ... ARUP Laboratories' clients include more than half ...
Medicine Products: