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Safilo Group SpA (SFLG.MI)

SFLG.MI on Milan Stock Exchange

4.72EUR
23 Feb 2018
Change (% chg)

€0.09 (+2.05%)
Prev Close
€4.63
Open
€4.64
Day's High
€4.76
Day's Low
€4.64
Volume
545,170
Avg. Vol
255,822
52-wk High
€7.26
52-wk Low
€4.26

Latest Key Developments (Source: Significant Developments)

Safilo Enters Taiwanese Market With Distribution Partnership With Luxasia
Wednesday, 21 Feb 2018 07:21am EST 

Feb 21 (Reuters) - SAFILO SPA ::ENTERS EXCLUSIVE DISTRIBUTION PARTNERSHIP FOR TAIWAN WITH LUXASIA.  Full Article

Angelo Trocchia To Join Safilo As Manager, To Become CEO In Later Appointment
Friday, 16 Feb 2018 12:22pm EST 

Feb 16 (Reuters) - SAFILO GROUP SPA ::ANGELO TROCCHIA TO JOIN SAFILO AS MANAGER AS OF APRIL 1 TO BECOME CEO IN LATER APPOINTMENT.  Full Article

Safilo Group CEO Luisa Delgado Resigns, Effective As Of Feb. 28
Friday, 16 Feb 2018 12:18pm EST 

Feb 16 (Reuters) - SAFILO GROUP SPA ::CEO LUISA DELGADO RESIGNS, EFFECTIVE AS OF FEB 28.BOARD AND DELGADO HAVE MUTUALLY AGREED TO TERMINATE THE CONTRACTUAL RELATIONSHIP.BOARD HAS GRANTED INTERIM POWERS TO CHAIRMAN EUGENIO RAZELLI.  Full Article

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

LIVE MARKETS-Closing snapshot: a lacklustre start to the week

* European shares end lower * Wall St closed for holiday * Reckitt leads fallers as update disappoints Feb 19 Welcome to the home for real time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Danilo Masoni. Reach him on Messenger to share your thoughts on market moves: danilo.masoni.thomsonreuters.com@reuters.net CLOSING SNAPSHOT: A LACKLUSTRE START TO THE WEEK (XX GMT) Europe's STOXX 600 has ended the