In the third quarter of this year Safilo suffered from less favourable exchange rates which were partly responsible for a decrease in sales of 3,2%. At constant exchange rates this would have been an increase of 4,1%. The first nine months however still show an increase of 1,9%. The figures are also influenced by the change in the scope of the retail operations. Like for like the stores did well with an increase of 7,5% in the third quarter and 7,1% in the first nine months. Wholesale in America in dollars increased with 7,4% but this increase disappeared completely due to the devaluation of the dollar against the euro. Asia and Latin America performed very well whereas sales in Europe decreased with 4,8%.
Difficult third quarter for Safilo
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