First-half 2020 results
(WorldNews Turkey)

First-half 2020 results Resilient performance, strong adaptability, structural vision needs Positive adjusted1 operating profit despite revenue down 29% Cash and short-term investments close to Euro 8 billion due to prudent management and positive Free Cash Flow2 in the second quarter Revenue trough in April, followed by marked sequential recovery in May and June in all key operating segments and all geographical areas Fast recovery in Lenses underpinned by prescription and new products Prompt restart of Retail in both optical and sun, particularly in North America Acceleration in digital, with online up 43% in the first half and up 68% in the second quarter Euro 130 million fund to support...