Half Year 2023 EssilorLuxottica SA Earnings Call Transcript
Welcome, everybody. Thanks for being with us today. I'm Giorgio Iannella from the IR team. I'm pleased to introduce our speakers, Francesco Milleri, Chairman and CEO; Paul du Saillant, Deputy CEO; and Stefano Grassi, CFO of the group. (Operator Instructions). And with that, I hand over to Francesco Milleri.
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Good morning, and good afternoon to everybody. Thanks for joining us. Today, I am pleased to present to you EssilorLuxottica [sound] Financial Result of the first semester as well as its new strategic initiative in the hearing aid market. Let me start from the H1 results that we are proud of with respect to both revenue growth and margin trend. Revenue at constant exchange rates grew by 8% in the second quarter and 8.2% in the first 6 months, close to EUR 13 billion. All regions and segments were positive and contributed to growth. We just saw some softness in the U.S. market, but less material than expected as it was
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