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    SFL   IT0004604762

SAFILO GROUP S.P.A.

(SFL)
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Publication of the new Articles of Association

11/09/2021 | 08:44am EST

Press release

Publication of the new Articles of Association

Padua, November 9, 2021 - Safilo Group S.p.A informs that today the new Articles of Association have been made available at the Company's registered office, at the central storage of regulated information 1INFO, as well as on the Company's website at the internet address https://www.safilogroup.com/en/governance/system/articles-association.

About Safilo Group

Established in 1934 in Italy's Veneto region, Safilo Group is one of the eyewear industry's principal players in the design, manufacturing and distribution of optical frames, sunglasses, sports eyewear, goggles and helmets. The Group designs and manufactures its collections by blending stylistic, technical and industrial innovation with quality and skillful craftsmanship. With an extensive global presence, Safilo's business model enables it to monitor its entire production and distribution chain. From research and development in five prestigious design studios, located in Padua, Milan, New York, Hong Kong and Portland, to its company- owned production facilities and network of qualified manufacturing partners, Safilo Group ensures that every product offers the perfect fit and meets the highest quality standards. Reaching approximately 100,000 selected points of sale worldwide with an extensive wholly owned network of subsidiaries in 40 countries and more than 50 partners in 70 countries, Safilo's well-established traditional wholesale distribution model, which encompasses eyecare retailers, chains, department stores, specialized retailers, boutiques, duty free shops and sporting goods stores, is complemented by Direct-to-Consumer and Internet pure player sales platforms, in line with the Group's development strategies.

Safilo Group's portfolio encompasses own core brands: Carrera, Polaroid, Smith, Safilo, Blenders, Privé Revaux and Seventh Street.

Licensed brands include: Banana Republic, BOSS, Eyewear by David Beckham, Elie Saab, Fossil, Givenchy, havaianas, HUGO, Isabel Marant, Jimmy Choo, Juicy Couture, kate spade new york, Levi's, Liz Claiborne, Love Moschino, Marc Jacobs, Missoni, M Missoni, Moschino, Pierre Cardin, PORTS, rag&bone, Rebecca Minkoff, Tommy Hilfiger, Tommy Jeans and Under Armour.

The parent company, Safilo Group S.p.A., is listed on the Italian Stock Exchange ("MTA") organized and managed by Borsa Italiana (ISIN code IT0004604762, Bloomberg SFL.IM, Reuters SFLG.MI). In 2020, Safilo Group recorded net revenues for Euro 780.3 million.

Contacts:

Safilo Group Investor Relations

Barbara Ferrante

Ph. +39 049 6985766

http://investors-en.safilogroup.com

Safilo Group Press Office

Elena Todisco

Mob. +39 339 1919562

Disclaimer

Safilo Group S.p.A. published this content on 09 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 November 2021 13:43:05 UTC.


© Publicnow 2021
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Financials
Sales 2021 957 M 1 085 M 1 085 M
Net income 2021 3,40 M 3,85 M 3,85 M
Net Debt 2021 113 M 128 M 128 M
P/E ratio 2021 153x
Yield 2021 -
Capitalization 634 M 719 M 718 M
EV / Sales 2021 0,78x
EV / Sales 2022 0,74x
Nbr of Employees 5 086
Free-Float 65,6%
Chart SAFILO GROUP S.P.A.
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Technical analysis trends SAFILO GROUP S.P.A.
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 4
Last Close Price 1,53 €
Average target price 1,66 €
Spread / Average Target 8,52%
EPS Revisions
Managers and Directors
Angelo Trocchia Chief Executive Officer
Gerd Graehsler Chief Financial Officer
Eugenio Razelli Chairman
Jeffrey Alan Cole Independent Non-Executive Director
Ines Mazzilli Independent Non-Executive Director
Sector and Competitors