Overview
- Group revenue reached €28.491 billion for 2025, up 11.2% at constant currencies, with fourth‑quarter sales rising 18.4%.
- The company sold more than 7 million AI glasses in 2025 across brands and geographies.
- Adjusted operating margin stood at 16.0% at constant currencies, with reported gross margin pressured by U.S. tariffs and the product mix of AI glasses.
- Free cash flow hit a record €2.8 billion, and the board proposed a €4 per‑share dividend with an option to receive shares.
- The board updated its five‑year outlook, projecting solid revenue growth broadly aligned with adjusted operating profit, as myopia‑management solutions grew 22% and Nuance Audio expanded to 12 markets and 15,000 stores.