Safilo receives boost from strong UK sales

Strong UK sales growth has helped Safilo Group report an increase in turnover and profit for the first quarter of the year.

The Italian frame manufacturer posted a 1.9 per cent increase in total sales at constant exchange rates, and 23 per cent rise in net profit to €16.5m. The UK and Germany were identified as the main drivers of growth in Europe, while domestic business and Spanish and Portuguese markets continued to recover.

Luisa Delgado, Safilo Group’s chief executive officer, said: ‘During this quarter, we consolidated our positions in the different markets and key distribution channels, which has enabled us to improve the economic and financial components of the business.’