By  on March 13, 2019

MILAN — Safilo Group SpA cut its loss in 2018 and chief executive officer Angelo Trocchia told analysts on Wednesday that he stood by the plan to return to profitability in 2020.

In the 12 months ended Dec. 31, adjusted net losses totaled 26.7 million euros, compared with an adjusted net loss of 47.1 million euros in 2017.

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