Analysis of Essilor, the dominant player of the eyecare industry, an industry that has strong tailwinds from the continued increase of vision impairments, and the aging population in Western economies.
I have been wearing glasses since 2022 for farsightedness (I'm now 46 year old and didn't need to correct my sight before).
My opthalmologist prescribed Essilor Eyezen glasses and said it would be very comfortable and reduce stress on my eyes and indeed it is. The first time I wore the glasses I immediately started to see the text on my phone screen clearly again, but the rectangular shape of the phone looked curved to me. Then I got used to glasses and I see the phone rectangular again.
When doing my glasses at optician shop I was very impressed with the robot taking measurements of my eye to make perfect glasses for me. It felt very futuristic.
Now I want to buy Essilor stock but I hesitate because of the large premium. Quality has its price I guess.
I guess quality has its price, yes. Next week I will be posting a brief post about Luxottica, and then by the end of the month I'm posting about EssilorLuxottica and will cover valuation
Thanks for this very nice article.
I have been wearing glasses since 2022 for farsightedness (I'm now 46 year old and didn't need to correct my sight before).
My opthalmologist prescribed Essilor Eyezen glasses and said it would be very comfortable and reduce stress on my eyes and indeed it is. The first time I wore the glasses I immediately started to see the text on my phone screen clearly again, but the rectangular shape of the phone looked curved to me. Then I got used to glasses and I see the phone rectangular again.
When doing my glasses at optician shop I was very impressed with the robot taking measurements of my eye to make perfect glasses for me. It felt very futuristic.
Now I want to buy Essilor stock but I hesitate because of the large premium. Quality has its price I guess.
Merci Julien for your comment! Nice testimony
I guess quality has its price, yes. Next week I will be posting a brief post about Luxottica, and then by the end of the month I'm posting about EssilorLuxottica and will cover valuation