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Carrera and David Beckham boost Safilo half year results

Angelo Trocchia and David Beckham

Safilo closed the first half of 2024 with net sales of 532m, down 2.4% at constant exchange rates and 3.3% at current exchange rates compared to 550.1m recorded in the same period in 2023. 

Gross profit amounted to €319.2m for the period, declining by 1.4% compared to 2023, while the gross margin reached 60% from the adjusted level of 58.8% in 2023.

The adjusted EBITDA amounted to €57.6 million, up 0.5% compared to 2023, while the adjusted EBITDA margin improved to 10.8% of sales from 10.4% recorded in the first half of 2023. 

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