EssilorLuxottica CEO Francesco Milleri said shares will recover after falling over 40% from November record high.
Decline attributed to US tariffs, dollar weakness, spreading military conflicts, smart‑eyewear competition and ongoing med‑tech transformation.
CEO highlighted partnership with Meta since 2019 on AI‑powered Ray‑Ban glasses, noting no real competing products yet.
Milleri said med‑tech push will eventually support share price recovery, though it will take time.