Specsavers’ optometry/optical dispensing and audiology stores sales in Australia and New Zealand for the first time topped $1 billion during the company’s financial year ended 31 February 2018.

The figure for Australia was $1,013 million (£569.5 million), while New Zealand had sales of $130 million (£73 million), to give a total of $1,143 million (£642 million) for ANZ.

As at 31 February, there were 324 optical and 18 audiology stores in Australia to give mean average annual sales of $2.96 million per store, whereas in New Zealand the average for the 52 stores was $A2.5 million.

In the United Kingdom market, Specsavers had sales of £1,392 million ($2379 million), while in its seven other markets in Europe the company had sales totalling £578 million ($1,029).

Total revenue during 2017-18 for the Specsavers group increased by 7 per cent to £2.61 billion through sales of 20.5 million spectacle frames, 500 million contact lenses and 337,770 hearing aids.

The company has 2,800 joint-venture partners operating 1,978 optical stores and hearing centres. There are 32,500 employees.

Commenting on the 2017-18 year, co-founder Mr Doug Perkins said: “We are in the midst of a decade when eye health is transforming at unprecedented speed. The disruptive changes present an opportunity for us to support ways in which ophthalmologists and optometrists can work together to transform eye health and offer broader eye-care services for our customers.

“Today we have more than 36 million customers, in excess of 2,800 partners worldwide, and more than 32,500 people working across our stores, support offices and supply chain.”