Safilo topline slipped below the €1bn mark in 2024, but margins slightly improved

Safilo

Reporting preliminary financial results, Safilo Group has announced that its Q4 2024 revenue decreased by 1.6 percent at current rates and by 1.1 percent at constant rates, amounting to approximately €235 million, according to our calculations. The company pointed out that, excluding the residual effect of the Jimmy Choo license ...

The modest growth in the EMEA region was insufficient to offset the ongoing difficulties in North America and the loss of the Jimmy Choo license. 

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