EssilorLuxottica First Half 2020 Revenue Drops 29 Percent Due to COVID, But Management Sees Signs of Recovery

CHARENTON-LE-PONT, France—EssilorLuxottica (Reuters: ESLX.PA) posted revenue of €6,230 million for the six months ended June 30, 2020, down 29 percent at both current and constant exchange rates, compared to first-half 2019 revenue.  Read more...

Safilo Group Q2 and First Half Financials Show Impact of COVID-19 But Recovery Starting in June

PADUA—The board of directors of Safilo Group has reviewed and approved the financial results for the first half of 2020. While H1 2020 results were impacted by COVID-19 and the disruption of sales in April and May, Safilo Group reported that it saw an initial business recovery in June, which was more significant in Europe.  Read more...

AbbVie Says 'Adverse Impact' of COVID-19 on Legacy Results Was 'Less than Expected' in Q2

NORTH CHICAGO, Ill.—AbbVie (NYSE:ABBV), which completed its planned acquisition of Allergan on May 8, reported Friday that its worldwide net revenues in the second quarter totaled $10.4 billion, an increase of 26.3 percent on a reported basis..  Read more...



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