Safilo FY14 revenues rise 5.1 percent

Group revenues at Safilo for the fiscal year 2014 stood at 1,178.7 million euros (1,277.8 million dollars) representing a 5.1 percent rise against 2013, and revenue growth in the fourth quarter of 2014 was 11.2 percent against the fourth quarter of 2013. Adjusted EBITDA was down 2.8 percent, reaching 10 percent of net sales. Adjusted group net profit at 44.5 million euros (48.2 million dollars) was up 14.1 percent.