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Laurent Vacherot: "The EssilorLuxottica union, it works!"

2020-03-06T16:53:47.586Z


INTERVIEW - The managing director of the Franco-Italian giant wants to reassure the group's ability to withstand a governance crisis.


Executive Director of Essilor, Laurent Vacherot is with Francesco Milleri one of the two operational bosses of the Franco-Italian giant. In the aftermath of a tense Board of Directors, he wants to reassure the group's ability to withstand a governance crisis.

LE FIGARO. - EssilorLuxottica posted good results in 2019, but the synergies and integration are not as promising as when the marriage was announced in January 2017.

Laurent VACHEROT. - Laurent Vacherot. It is not reality; we have very solid results, performance at the top of the range and a record dividend. They are the fruit of the acceleration of growth in the second half, and prove that the unification of the group is starting to bear fruit. But you have to understand where you come from. EssilorLuxottica is the coming together of two champions of an still young, fragmented industry, which needed an even stronger leader. We wanted to combine a big company

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Source: lefigaro

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