S&P Global Ratings upgrades EssilorLuxottica credit rating

S&P Global Ratings has upgraded the long-term credit rating of eyewear manufacturer EssilorLuxottica to A+. The rating agency cited the group’s consistent organic growth, solid cash flow generation, and robust balance sheet as the primary drivers for the decision.

Analysts noted that the group’s pivot toward medical technology and specialized vision care has contributed to its improved financial resilience. This strategic shift is viewed as a fundamental element in maintaining long-term stability within a competitive market landscape.

The outlook remains stable, reflecting confidence in the company's ability to balance its ongoing investment in technology with fiscal responsibility.