First Half Sales and Profits Indicate Safilo has Turned the Corner

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%

Related Links:

Safilo Prior Year Results Summary
Safilo Divests Retail Operations

Featured Posts

RBC Partners with CNIB Frontier Accessibility to Improve Accessibility for Canadians

RBC has partnered with CNIB Frontier Accessibility to offer BlindSquare, the world’s most widely used accessible GPS app developed for people who are blind or partially sighted, at more than 305 RBC branches across Canada.

Learn More

OPTI Munich 2022 Celebrates Its Return

SWV Strategy with Vision routinely provides perspectives on major international trade shows. Here is their report on Opti Munich.

Read more

STRUKTUR Eyewear Receives Award at 100% Optical Trade Fair in London

From April 23 to 25, 2022, the 100% Optical exhibition was held in London. On April 23, STRUKTUR eyewear won the award for the unisex model of the year at the Love Eyewear Award ceremony.

Read more

Izumi’s Newest Collection is All About “Twilight in the Tropics”

OS-9331's blue gradient acetate front was inspired by the glamorous Spring/Summer 2022's "Twilight in the Tropics" theme.

Read more

opti 2022: Event Report

After the break due to the pandemic, the optical industry had some catching up to do at opti held in Munich from May 13 to 15, 2022.

Read more

RBC Partners with CNIB Frontier Accessibility to Improve Accessibility for Canadians

RBC has partnered with CNIB Frontier Accessibility to offer BlindSquare, the world’s most widely used accessible GPS app developed for people who are blind or partially sighted, at more than 305 RBC branches across Canada.

Learn More

OPTI Munich 2022 Celebrates Its Return

SWV Strategy with Vision routinely provides perspectives on major international trade shows. Here is their report on Opti Munich.

Read More

STRUKTUR Eyewear Receives Award at 100% Optical Trade Fair in London

From April 23 to 25, 2022, the 100% Optical exhibition was held in London. On April 23, STRUKTUR eyewear won the award for the unisex model of the year at the Love Eyewear Award ceremony.

Read More

Izumi’s Newest Collection is All About “Twilight in the Tropics”

OS-9331's blue gradient acetate front was inspired by the glamorous Spring/Summer 2022's "Twilight in the Tropics" theme.

Read More

opti 2022: Event Report

After the break due to the pandemic, the optical industry had some catching up to do at opti held in Munich from May 13 to 15, 2022.

Read More

RBC Partners with CNIB Frontier Accessibility to Improve Accessibility for Canadians

RBC has partnered with CNIB Frontier Accessibility to offer BlindSquare, the world’s most widely used accessible GPS app developed for people who are blind or partially sighted, at more than 305 RBC branches across Canada.

Learn More

OPTI Munich 2022 Celebrates Its Return

SWV Strategy with Vision routinely provides perspectives on major international trade shows. Here is their report on Opti Munich.

Read more

STRUKTUR Eyewear Receives Award at 100% Optical Trade Fair in London

From April 23 to 25, 2022, the 100% Optical exhibition was held in London. On April 23, STRUKTUR eyewear won the award for the unisex model of the year at the Love Eyewear Award ceremony.

Read more

Izumi’s Newest Collection is All About “Twilight in the Tropics”

OS-9331's blue gradient acetate front was inspired by the glamorous Spring/Summer 2022's "Twilight in the Tropics" theme.

Read more

opti 2022: Event Report

After the break due to the pandemic, the optical industry had some catching up to do at opti held in Munich from May 13 to 15, 2022.

Read more

RBC Partners with CNIB Frontier Accessibility to Improve Accessibility for Canadians

RBC has partnered with CNIB Frontier Accessibility to offer BlindSquare, the world’s most widely used accessible GPS app developed for people who are blind or partially sighted, at more than 305 RBC branches across Canada.

Learn More

OPTI Munich 2022 Celebrates Its Return

SWV Strategy with Vision routinely provides perspectives on major international trade shows. Here is their report on Opti Munich.

Read more

STRUKTUR Eyewear Receives Award at 100% Optical Trade Fair in London

From April 23 to 25, 2022, the 100% Optical exhibition was held in London. On April 23, STRUKTUR eyewear won the award for the unisex model of the year at the Love Eyewear Award ceremony.

Read more

Izumi’s Newest Collection is All About “Twilight in the Tropics”

OS-9331's blue gradient acetate front was inspired by the glamorous Spring/Summer 2022's "Twilight in the Tropics" theme.

Read more

opti 2022: Event Report

After the break due to the pandemic, the optical industry had some catching up to do at opti held in Munich from May 13 to 15, 2022.

Read more