Safilo continues to invest

In the first six months of 2015 Safilo Group’s net sales stood at 674.9 million euros at constant exchange rates (up 11.3% compared to the same period 2014), revenues increased by 1.0%, with a 12% improvement in performance in the second quarter (+1.2% at constant exchange rates). Adjusted net income totaled 9.9 million euros (-68.5% compared to the first half of 2014). Commenting on the results, Group CEO Luisa Delgado said: "We continue to invest in our renewal. The positive trend shown by our portfolio of licensed brands is in line with planned brand rebalancing through 2020. Marketing and product projects for Carrera, Polaroid and Smith, including the latter’s further integration in Safilo, are showing the first positive results in markets where the projects have been fully implemented.”