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Safilo Group sales up 1.8 percent at constant exchange rates in FY 2025

Preliminary sales for 2025 reached 983.4 million euros (1.2 billion dollars) for Safilo Group. This represents a growth of 1.8 percent at constant exchange rates, following a fourth quarter that saw a 0.4 percent increase compared to the same period in 2024. At current exchange rates, sales recorded a 1 percent decline for the year and a 4.6...

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Safilo and Pierre Cardin renew eyewear licence until 2031

Safilo Group and the maison Pierre Cardin have signed an early renewal of the global licence agreement for the design, production and distribution of its optical frames and sunglasses collections. The agreement extends the current partnership until December 31, 2031, consolidating an industrial and commercial relationship that began in 1991. The...

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Safilo withdraws bid for Inspecs

Safilo does not intend to make a binding offer for British eyewear company, Inspecs. In a statement, Inspecs said that in light of the proposed acquisition by Bidco at a price of 84 pence per share, Safilo Group has confirmed it does not intend to make a binding offer for Inspecs. Bidco is a newly formed company established for the acquisition...

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Safilo: net sales up 2.2 percent in nine months, reaching 758.4 million

Safilo has reported a third quarter of resilient sales growth at constant exchange rates, amid a still uncertain environment impacted by currency fluctuations. Net sales stood at 220.8 million, up 2.1 percent at constant exchange rates, in the three-month period. In the first nine months, net sales reached 758.4 million, up 2.2 percent at...

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Safilo submits non-binding offer for Eschenbach and BoDe

In reference to the “Statement regarding possible offer” published yesterday by Inspecs Group, Safilo confirmed today in a statement that it has submitted a non-binding offer to acquire the Eschenbach Group and BoDe businesses, owned by Inspecs. The offer was made as part of its exploration of new investment opportunities. At present, there is...

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Safilo Group's H1 2025 sales and profitability improve

Net sales totalled 537.6 million euros, up 2.3 percent at constant exchange rates, in the first half for Safilo Group. Gross industrial margin was 61.1 percent, up 110 basis points from 60.0 percent. Adjusted EBITDA margin was 11.6 percent, up 80 basis points from 10.8 percent. Adjusted net profit for the group reached 33.7 million euros, up...

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Safilo's Q1 sales improve 20 percent

In the first quarter of 2021, Safilo posted total net sales of 251.4 million euros, up 20 percent at constant exchange and 13.7 percent at current exchange rates. The company said that the positive sales performance reflected the strong recovery recorded by the group across the brands portfolio, from the strong growth of its own brands Smith and...

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Safilo and Dsquared2 sign eyewear licensing agreement

Safilo and Dsquared2, the global fashion brand founded in 1995 by Dean Dan Caten, have announced five-year global licensing agreement for the design, manufacture and distribution of Dsquared2 branded eyewear. “We are very satisfied about starting this new partnership with Dsquared2, which represents a great brand addition to our portfolio and a...

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Safilo witnesses rise in Q4 sales

In the fourth quarter of 2020, Safilo posted total net sales of 225.6 million euros, up 3 percent at constant exchange rates and down 2.1 percent at current exchange rates. Net sales performance in Q4 2020 allowed the group to continue the recovery of earnings started in the third quarter, registering a positive adjusted EBITDA of 15 million...

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Safilo witnesses business rebound, expects to break even in FY20

Safilo’s preliminary 2020 net sales equalled 780.3 million euros, down 15.2 percent at constant exchange rates and 16.9 percent at current exchange rates, due to the sharp decline suffered in the first half of the year following the severe lockdowns put in place by governments on a global scale to fight the Covid-19 pandemic. The company said,...

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Safilo posts sales rise in Q3, returns to profitability

In the third quarter, net sales at Safilo Group S.p.A. reached 219.1 million euros, growing by 3 percent at current exchange rates and 6 percent at constant exchange rates led by the significant rebound experienced by the wholesale market in North America, and the full-quarter contribution deriving from the recent acquisitions of Blenders...

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Safilo and Pierre Cardin renew eyewear licensing agreement

Safilo and Pierre Cardin have renewed the licensing agreement to design, manufacture and distribute prescription frames and sunglasses under the Pierre Cardin brand. The company said in a statement that this renewal, which will now run until December 31, 2026, demonstrates the strong professional collaboration between the two groups, whose...