Safilo has reviewed the group’s preliminary key performance indicators (KPIs) for the financial year ended December 31, 2024.
Safilo's European business showed itself to be solid and resilient, helping counter the slowdown in the North American market and mitigating the decline in net sales to 2.3%.
The Free Cash Flow for the year was positive for Euro 16.7 million and the group’s net debt for the year remained stable compared to 2023 at Euro 82.7 million.
Eyewear by David Beckham - the perpetual license for which Safilo acquired in 2024 -and Carrera were the main strengths of the year, achieving double-digit growth in Q4.
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