Luxottica Group SpA reported consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company's net sales were EUR 1,864 million compared with EUR 1,788 million a year ago. Operating income was EUR 275 million compared with EUR 234 million a year ago. Adjusted operating income was EUR 275 million compared with EUR 255 million a year ago. Net income attributable to the company stockholders was EUR 159 million or EUR 0.34 per basic and diluted Share compared with EUR 129 million or EUR 0.28 per basic and diluted share a year ago. Adjusted net income attributable to the company stockholders was EUR 159 million or EUR 0.34 per share compared with EUR 144 million or EUR 0.31 per share a year ago. Net debt as of March 31, 2013 was EUR 1,816 million. Income before provision for income taxes was EUR 250.99 million compared with EUR 201.96 million a year ago. Capital expenditures were EUR 68.8 million compared with EUR 75.6 million a year ago. Adjusted EBITDA was EUR 365.3 million compared with EUR 342.6 million a year ago. EBITDA was EUR 365.3 million compared with EUR 321.0 million a year ago. Operating cash flow was EUR 42 million. The Annual General Meeting of stockholders approved the distribution of a cash dividend of EUR 0.58 per ordinary share, reflecting a year-over-year increase of 18%. The aggregate dividend amount is approximately EUR 270 million. The cash dividend will be payable on May 23, 2013 (the coupon detachment date wil be May 20, 2013 pursuant to the Borsa Italiana calendar with a record date of May 22, 2013). Regarding the American Depositary Receipts (ADRs) listed on the New York Stock Exchange, the record date will be May 22, 2013 and, according to Deutsche Bank Trust Company Americas, the payment date for the dividend in U.S. dollars is expected to be May 31, 2013 at the Euro/U.S. Dollar exchange rate as of May 23, 2013.

Luxottica Group SpA, Q1 2013 Earnings Call, Apr 29, 2013

The Board of Directors of Luxottica Group SpA recommended to the general meeting of shareholders to be held on April 29, 2013, a cash dividend of EUR 0.58 per ordinary share. The dividend will be payable on May 23, 2013 (the coupon detachment date will be May 20, 2013 pursuant to the Borsa Italiana calendar with a record date of May 22, 2013). Regarding the American Depositary Receipts listed on the New York Stock Exchange, the record date will be May 22, 2013 and, according to Deutsche Bank Trust Company Americas, the payment date for the dividend in U.S. dollars is expected to be May 31, 2013. The dividend amount in U.S dollars will be determined based on the Euro/U.S. Dollar exchange rate as of May 23, 2013.