CFO Network presentation by Peter McCelland, CFO of Luxottica

50 years of excellence

Overview of Luxottica Group

Luxottica Group overview 1 Group 64,000 People >8 mn OneSight patients 11 Plants 45 Brands 130 Countries >60 mn Customers ~ 7,000 Stores >55 mn Manufactured frames

Key financial figures – FY 2010
As of September 30, 2011
€ 5.8 bn Group sales € 2.2 bn Wholesale sales € 3.6 bn Retail sales € 402 mn Net income € 712 mn Operating income € 8.9 bn Market capitalization (1)

Brands are our assets. We have created the best portfolio of house and licensed brands to reach a diversified audience: from lifestyle to sport to luxury, across price points, businesses & regions.

The best brand portfolio in the industry House brands (1)
(1) Starting from 2012
Licensed brands A strong and diversified brand portfolio

Leader in optical and sun retail
Over 7,000 stores worldwide
Leading premium optical retailer in:
North America
Asia-Pacific
Latin America
Greater China
Leading specialty premium sunglass retailer worldwide
Leading operator of leased optical departments in host stores in North America
One of the largest managed vision care operators in the US, through EyeMed
A strong and diversified retail brand portfolio Optical Sun

CFO’s Role: Strategic Leadership

Business Cycle
Strategic Plan
Actuals
Actuals
Operational Plans
Budget
Forecast
Planning cycle sets directions and ensures delivery of business objectives
1. Strategic Plan
Set vision and goals
Set key business strategies
Identify areas for business review
2. Operational Plan
Translate strategy into tactical initiatives
Identify outcomes and KPIs
3. Budget
Detailed execution plans
Set financial targets
4. Actuals
Review executional performance and financial/KPIs & outcomes
Tactical changes
5. Forecast
Predict deviations from operating plans
Identify both strategic & tactical responses

Transactional processing; compliance; recording; risk controls Finance process efficiency Business insights and information; business performance management; strategic cost management; risk management; tax planning Drive enterprise value; strategic planning; insights and execution; communicate confidence
Finance as a business partner
Close, consolidate and report
In Finance we exist to create world class customer experiences
Maintain
Grow

CEO Relationship

CFO Network presentation by Peter McCelland, CFO of Luxottica

by Azure Group on Nov 16, 2011

Accessibility

Categories

Tags

Upload Details

Usage Rights

Statistics

CFO Network presentation by Peter McCelland, CFO of Luxottica — Presentation Transcript