Safilo keeps focus on margins as sales slump persists
Safilo Group’s topline continued to slip in Q3 2024, as quarterly sales went down by 4.1 percent year on year to $225.4 million, weighed down by a stubbornly soft North American business. At constant rates, revenue decreased by 3.4 percent versus 2023, in line with the company’s performance in the ...
The Italian eyewear group Q3 revenue decreased by 4.1 percent, with all regions reporting sales declines. However, a leaner industrial structure and curtailed expenses yielded more profitability improvements.
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