Safilo H1 FY26 adjusted net profit rises 46.7% to EUR 49.4 million; net sales fall 1.9% to EUR 512 million

Reuters2026/08/04 15:49

By:Reuters

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Safilo posted H1 2026 net sales of €512 million, down 4.8% from a year earlier.
Adjusted net profit attributable to shareholders rose 46.7% to €49.4 million.
H1 adjusted EBITDA margin widened 5.2 percentage points to 16.8%, supported by structural improvements and €22.2 million in U.S. tariff refunds.
Free cash flow slipped to €36.4 million; net debt narrowed to €5.4 million at end-June from €46.1 million at end-December.
Management cited weaker demand and more cautious customer orders; Safilo funded the SPY+ and Serengeti acquisitions and launched a new share buyback program.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Safilo Group S.p.A. published the original content used to generate this news brief on August 04, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Safilo H1 FY26 adjusted net profit rises 46.7% to EUR 49.4 million; net sales fall 1.9% to EUR 512 million

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