Safilo Group reports strong growth in first half

September 15, 2004

Padova, Italy-Safilo Group reported that its strong growth trend continued during the first half of 2004, with a consolidated turnover that reached $615.6 million.

Padova, Italy-Safilo Group reported that its strong growth trend continued during the first half of 2004, with a consolidated turnover that reached $615.6 million.

The company said the figure represents an increase of 12.1% and 7.6% at current exchange rates compared with the first 6 months of 2003. The second quarter of 2004 was particularly strong, with an increase of 8.9% over the same period last year. Earnings before interest, depreciation, and amortization were listed as $97.9 million.

Safilo noted growth in the Far East and the United States.