The Board of Directors of Safilo Group S.p.A. approves the financial results of the first half of 2020
(WorldNews Italy)

31/07/2020 THE BOARD OF DIRECTORS OF SAFILO GROUP S.P.A. APPROVES THE FINANCIAL RESULTS OF THE FIRST HALF OF 2020 H1 2020 results impacted by Covid-19 and the disruption of sales in April and May Initial business recovery in June, more significant in Europe. Sales rebound in July Strong growth of the online business, supported by the acquisition of Blenders effective June 1st Free Cash Flow (before acquisitions) slightly positive thanks to effective liquidity management New Term Loan Facility under finalization to provide additional liquidity ECONOMIC AND FINANCIAL HIGHLIGHTS H1 2020 net sales at Euro 335.6 million, -32.7% at constant forex (Euro 495.9 million in H1 2019); Q2 2020 net sales...