Safilo Group Releases 2018 First-Half Results

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Safilo Group shares result on Friday, the company has declined as much as 7 percent and closed down 5.33 percent to 4 euros following the release of the firm’s first-half figures a day earlier that showed a steeper loss and a fall in revenues. The adjusted net loss totaled 10.4 million euros, compared with a net loss of 6.6 million euros in the first half of 2017, and a 10 percent decrease in sales to 492.2 million euros, as reported.

Source: WWD