MILAN—Fiscal 2007 will wind up as another record year for Luxottica Group (NYSE: LUX), chief executive officer Andrea Guerra said last week.

In comments reported by an Italian newspaper that were later confirmed by Luxottica, Guerra indicated that his company closed the year with nearly €5 billion in consolidated sales and net income of approximately €500 million.

Luxottica will release its full results for 2007 on March 13.

Elsewhere in the interview with Italy’s Il Sole 24 Ore—in remarks not confirmed by the company—Guerra reportedly said Luxottica’s retail business did well in October and November but suffered in December; he estimated an overall increase in comparable store sales for the full year 2007 at from 1.5 percent to 1.8 percent. In July, while announcing Luxottica’s first-half results, Guerra had said an overall comp-sales increase of 2 percent to 3 percent for the year was “still reachable.”

According to the Italian newspaper, Guerra also predicted that 2008 may be more challenging than 2007, while saying he does not expect the U.S. economy to go into a recession.