Safilo Group: Growth Of Consolidated Turnover and Net Profit (article en anglais)

· Net sales: 667.8 million Euro, +10.3% (+14.2% at constant exchange rates)
· EBITDA: 100.5 million Euro, +6.2% (equal to 15.1% of sales)
· Operating Profit: 81.2 million Euro, +6.1% (equal to 12.2% of sales)
· Net profit: 33.3 million Euro, +52.5% ( equal to 5.0% of sales)
· Net financial position: 520.7 million Euro (531.8 million at the end of 2006)
 
The Board of Directors of SAFILO GROUP S.p.A. today reviewed and approved the results relating to the first six months of 2007 which confirm strong growth of both turnover and net profit.
 
“I would like to express my satisfaction for the growth achieved by Safilo Group in these six months - commented Vittorio Tabacchi, Chairman of Safilo Group - especially in consideration of the particularly strong results achieved in the preceding quarters.
These results in fact confirm the effectiveness of the decisions we have taken. Our history and our passion have lead us to focus the activities of Safilo Group on the creation, development and distribution of high end products, in collaboration with the most celebrated international fashion brands.
I am confident therefore that 2007 will be another positive year for Safilo following on from the constant growth which accompanies us. The Group can, in fact, count on a consolidated management team committed to the improvement of our results and the growth of the business. A year on from their appointment, I am convinced that the Chief Executive Officer Claudio Gottardi and the Co-Chief Executive Officer Massimiliano Tabacchi have given a decisive boost to the company's progress.”
 
 
Source : Communiqué de presse