Q3 2022 EssilorLuxottica SA Earnings Call Transcript
Hello, and welcome to the EssilorLuxottica Q3 Revenue Update. (Operator Instructions) I will now hand the call over to Stefano Grassi, CFO, to begin.
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Welcome to our third quarter trading update. EssilorLuxottica posted another quarter of strong growth with top line in acceleration, despite a tougher [comparison] base during this period, where revenue were up 17% at current exchange rate. While if you look at our results at constant FX rate, you're looking at 8.2% growth. The main driver of the difference between constant and current FX results is very much the U.S. dollar, that during the course of a third quarter, we evaluated approximately 17% against euro.
In Q3, pretty much all the region posted solid growth. Asia Pacific and Latin America were at double-digit pace. Europe was at a high single-digit pace, and North America performed on a low single-digit territory, but with a very tough comparison base. As you remember, in the third quarter of
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