First Half Sales and Profits Indicate Safilo has Turned the Corner

Friday, August 2 2019 | 12 h 37 min | Financial News, News

Safilo Group reports first half 2019 (H1) sales are +6.5% and profits (adjusted EBITDA) +25% versus the same 6-month period in 2018.

Safilo house brands, including Polaroid, Smith and Carrera, out paced the total company showing 8% year over year growth. By deduction, this indicates that licensed brands in total pulled the overall results down. Safilo however highlights licensed in brands Dior, Hugo Boss, Tommy Hilfiger and Max Mara as key growth drivers.

North America (accounting for 34% of total sales ) made the largest contribution to growth, pulling in +7.8% on the top line. Asia remains the fastest growing region for the Group, but contributing only 9% of Group revenue. Europe, Safilo’s largest sales region, showed modest revenue growth of 2.6%

24-Month Study Data Support Efficacy of DOT Lenses in Young Children

SightGlass Vision has released 24-month clinical data showing that its DOT lenses reduced myopia progression by more than 1.00 diopter on average in young Chinese children.

Learn More

Canada’s First In-Lens Display AI Smart Glasses Enter the Optical Market Through Ming’s Optical Exclusive Partnership with Rokid

Ming’s Optical has been named the exclusive Canadian optical industry distributor for Rokid smart glasses, introducing AI smart glasses with in-lens display technology to the Canadian market.

The CAO Celebrates Vision Health Month with Online Campaign Encouraging Canadians to “GetEyeWise”

The Canadian Association of Optometrists is marking Vision Health Month with its GetEyeWise campaign, encouraging Canadians to make regular comprehensive eye exams part of their health routine.

Silmo Paris nouvelle image de marque 2026

SILMO Paris Highlights International Reach and Innovation Ahead of 2026 Edition

SILMO Paris says its 2026 edition will bring together international exhibitors, brands, and industry stakeholders as the optical sector continues to evolve through innovation and changing market dynamics.

Managing Multiple Practices

Explore the challenges of managing multiple optometry practices across provinces. Learn strategies for financial oversight, delegating to trusted teams, and overcoming imposter syndrome.

24-Month Study Data Support Efficacy of DOT Lenses in Young Children

SightGlass Vision has released 24-month clinical data showing that its DOT lenses reduced myopia progression by more than 1.00 diopter on average in young Chinese children.

Learn More

Canada’s First In-Lens Display AI Smart Glasses Enter the Optical Market Through Ming’s Optical Exclusive Partnership with Rokid

Ming’s Optical has been named the exclusive Canadian optical industry distributor for Rokid smart glasses, introducing AI smart glasses with in-lens display technology to the Canadian market.

The CAO Celebrates Vision Health Month with Online Campaign Encouraging Canadians to “GetEyeWise”

The Canadian Association of Optometrists is marking Vision Health Month with its GetEyeWise campaign, encouraging Canadians to make regular comprehensive eye exams part of their health routine.

SILMO Paris Highlights International Reach and Innovation Ahead of 2026 Edition

Managing Multiple Practices

Explore the challenges of managing multiple optometry practices across provinces. Learn strategies for financial oversight, delegating to trusted teams, and overcoming imposter syndrome.

24-Month Study Data Support Efficacy of DOT Lenses in Young Children

SightGlass Vision has released 24-month clinical data showing that its DOT lenses reduced myopia progression by more than 1.00 diopter on average in young Chinese children.

Learn More

Canada’s First In-Lens Display AI Smart Glasses Enter the Optical Market Through Ming’s Optical Exclusive Partnership with Rokid

Ming’s Optical has been named the exclusive Canadian optical industry distributor for Rokid smart glasses, introducing AI smart glasses with in-lens display technology to the Canadian market.

The CAO Celebrates Vision Health Month with Online Campaign Encouraging Canadians to “GetEyeWise”

The Canadian Association of Optometrists is marking Vision Health Month with its GetEyeWise campaign, encouraging Canadians to make regular comprehensive eye exams part of their health routine.

SILMO Paris Highlights International Reach and Innovation Ahead of 2026 Edition

Managing Multiple Practices

Explore the challenges of managing multiple optometry practices across provinces. Learn strategies for financial oversight, delegating to trusted teams, and overcoming imposter syndrome.

24-Month Study Data Support Efficacy of DOT Lenses in Young Children

SightGlass Vision has released 24-month clinical data showing that its DOT lenses reduced myopia progression by more than 1.00 diopter on average in young Chinese children.

Learn More

Canada’s First In-Lens Display AI Smart Glasses Enter the Optical Market Through Ming’s Optical Exclusive Partnership with Rokid

Ming’s Optical has been named the exclusive Canadian optical industry distributor for Rokid smart glasses, introducing AI smart glasses with in-lens display technology to the Canadian market.

First Half Sales and Profits Indicate Safilo has Turned the Corner

Featured Posts