Yesterday Safilo posted a good first quarter of this year. The Italian manufacturer reports an increase in sales compared to the first three months of 2010 of slightly more as 5% to 300,7 million euro. Net profit increased from 1,7 million in 2010 to 18,4 million euro now. Although sales in Europe is still the major part of all sales, growth in this region stays behind compared to other regions. America, latin America and the Far East perform much better. New introductions like the ones of Tommy Hilfiger and Boss Orange contributed positively to the results while Carrera remains popular worldwide.
First quarter of Safilo shows recovery of the market
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