Italian frame manufacturer Safilo ended 2013 with turnover of €1,121.5m, down 1.9 per cent at constant exchange rates on €1,175m for 2012 or -4.6 per cent at current exchange rates.
The company said sales reflected the negative impact of exchange rate movements and the phase-out of certain brands, which led to improvement of margins reflecting an enhanced sales mix focused on the continuing brand portfolio and operational improvements.
The fourth quarter saw double-digit organic sales growth, with strong sales performances across many of the eyewear business’s main markets, channels and brands.
‘The main drivers of Safilo’s growth in 2013 were again the stronger distribution channels in Germany, France and the UK, the travel retail business and the principal emerging markets,’ said Safilo.
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