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Safilo Group SpA (SFLG.MI)

SFLG.MI on Milan Stock Exchange

4.76EUR
12 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Safilo Q3 EBITDA down 21.9 pct at EUR ‍​14.7 mln
Wednesday, 8 Nov 2017 11:40am EST 

Nov 8 (Reuters) - SAFILO GROUP SPA ::Q3 EBITDA EUR ‍​14.7 MILLION VERSUS EUR 18.8 MILLION YEAR AGO.Q3 NET SALES EUR 245.1‍​ MILLION VERSUS EUR 288.0 MILLION YEAR AGO.Q3 ADJUSTED EBITDA EUR 15.4‍​ MILLION VERSUS EUR 19.1 MILLION YEAR AGO.IN Q3 OPERATIONS AND DELIVERY PERFORMANCE IN PADUA DC CONFIRMED RETURN TO NORMAL ‍​.  Full Article

Safilo and Rebecca Minkoff sign eyewear license agreement until 2024‍​
Monday, 23 Oct 2017 02:09am EDT 

Oct 23 (Reuters) - SAFILO GROUP SPA ::SAFILO AND REBECCA MINKOFF ANNOUNCE EYEWEAR LICENSE AGREEMENT UNTIL 2024‍​.BRAND'S FIRST SUNGLASS COLLECTION TO BE LAUNCHED IN Q4 2018, FOLLOWED BY OPTICAL COLLECTION IN JAN 2019‍​.  Full Article

Safilo signs partnership agreement for Chile with Valente Eyewear & Trade
Monday, 21 Aug 2017 02:43am EDT 

Aug 21(Reuters) - SAFILO GROUP SPA ::SIGNS EXCLUSIVE DISTRIBUTION PARTNERSHIP AGREEMENT FOR CHILE WITH VALENTE EYEWEAR & TRADE.  Full Article

Safilo enters Belarus and Kazakhstan markets
Wednesday, 9 Aug 2017 05:10am EDT 

Aug 9 (Reuters) - SAFILO GROUP SPA ::ANNOUNCES THE OPENING OF BELARUS AND KAZAKHSTAN MARKETS.WILL NOW BE ABLE TO PARTNER LOCALLY WITH OPTICAL RETAILERS IN BELARUS AND KAZAKHSTAN.  Full Article

Safilo H1 net result swings to loss of EUR 9.6 mln
Wednesday, 2 Aug 2017 11:43am EDT 

Aug 2 (Reuters) - SAFILO GROUP SPA ::H1 NET LOSS EUR 9.6 MILLION VERSUS PROFIT EUR 16.3 MILLION YEAR AGO.H1 NET SALES EUR 552.6 MILLION VERSUS EUR 651.1 MILLION YEAR AGO.H1 EBITDA EUR 24.1 MILLION VERSUS EUR 52.2 MILLION YEAR AGO.Q2 GOING FORWARD BRAND PORTFOLIO NET SALES GREW 1.2% AT CONSTANT EXCHANGE RATE.BY THE END OF JUNE BACKORDERS HAD BEEN SUCCESSFULLY RECOVERED AND FULL OPERATIONS RE-ESTABLISHED.IN Q2 2017, THE ECONOMIC PERFORMANCE REFLECTED, AT THE GROSS MARGIN LEVEL, THE NEGATIVE PRICE/MIX EFFECT MAINLY DRIVEN BY THE EXIT OF THE GUCCI LICENSE.  Full Article

Safilo Group and JCPenney renew license for Liz Claiborne eyewear
Friday, 28 Jul 2017 02:03am EDT 

July 28 (Reuters) - SAFILO GROUP SPA ::RENEWS 5-YEAR LICENSING AGREEMENT WITH JCPENNEY FOR DESIGN, MANUFACTURING AND DISTRIBUTION OF OPTICAL FRAMES AND SUNGLASSES.LICENSING AGREEMENT WITH JCPENNEY IS FOR LIZ CLAIBORNE EYEWEAR.  Full Article

Kering not considering acquisitions in the short-term- deputy CEO
Thursday, 27 Jul 2017 01:31pm EDT 

July 27 (Reuters) - Kering deputy CEO Jean-Francois Palus and Kering CFO Jean-Marc Duplaix tell a conference call with analysts::Cfo says one can expect some margin expansion at gucci in h2 but at slower pace than in h1.Kering cfo says about puma that the priority remains to improve profitability and cash flow.Kering cfo says eyes 150 refurbished gucci stores at end 2017 versus 109 at end june.Kering deputy ceo palus says group not considering any acquisitions in the short-term.Kering cfo says rise in euro currency to impact tourist flows, margins and prices but too early to quantify.Kering cfo says gucci operating margin should be around 30 percent for full year 2017.Kering CFO says Balenciaga may reach 1 billion euros mark in sales mid-term.  Full Article

Safilo seals exclusive distribution accord for Saudi Arabia
Monday, 12 Jun 2017 03:08am EDT 

June 12 (Reuters) - Italian eyewear maker Safilo Group says: :seals exclusive distribution accord with Saudi Arabia's Dr. Mazen Fakeeh C. Healthcare Company.the agreement is valid starting from mid-June.renews partnership with Optitalia Gulf for the independent retail distribution across Safilo's other GCC (Gulf Cooperation Council) countries.  Full Article

Safilo appoints Eugenio Razelli chairman
Wednesday, 26 Apr 2017 04:42am EDT 

April 26 (Reuters) - Safilo Group SpA ::Board appoints Eugenio Razelli chairman.Appointment follows resignation as chairman of Robert Polet for personal reasons.  Full Article

Safilo renews Juicy Couture license agreement for five years
Monday, 24 Apr 2017 02:05am EDT 

April 24 (Reuters) - Safilo Group SpA ::Safilo and Authentic Brands Group renew Juicy Couture eyewear license agreement for five years.  Full Article

BRIEF-Safilo Q3 EBITDA down 21.9 pct at EUR ‍​14.7 mln

* Q3 EBITDA EUR ‍​14.7 MILLION VERSUS EUR 18.8 MILLION YEAR AGO