By  on August 3, 2012

MILAN — Despite a solid performance of its licensed business and growth in Asia and the U.S., Safilo Group SpA in the first six months of the year reported a 31.2 percent decrease in net profit, which totaled 21.5 million euros, or $27.7 million, compared with 31.3 million euros, or $45.3 million, in the same period last year.


In the period ended June 30, revenues gained 1.7 percent to 613.3 million euros, or $791.1 million, compared with 603.3 million euros, or $874.8 million, in the same period last year.

To continue reading this article...

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus