The Investor Relations department, coordinates and manages the Group's communication to the financial market and, in particular, it manages relationships with institutional investors and analysts. It is the policy of Safilo Group to provide accurate and timely information about the Group's strategies and actions, its business, financial and economic performance, in accordance with legal requirements and on the basis of corporate governance standards and recommendations from relevant organizations. The Group strives to meet the highest standards in this area and places an emphasis on the quality, consistency and continuity of the information disclosed, also enabling an effective two –way communication between the company and the financial community, in line with the approved investor relations strategies and plans.
Responsibilities of the Investor Relations:
- it prepares and coordinates the issue of financial announcements, publications and presentations containing relevant information for the market and price sensitive information;
- it monitors that all relevant information is disseminated promptly to the attention of shareholders, investors and analysts;
- it takes part, providing its own observations in the process of analyzing and reviewing the draft annual, half-year and quarterly financial reports;
- it manages Safilo’s Investor Relations website. Safilo publishes information on its web site in order to make it available to all investors. As the main source of information about the Group, the IR 's web site publishes both current information and archives of previously released information. The site appears in both English and Italian, and new information is published in the two languages.
- the financial results are presented on a quarterly basis through public conference calls which can be widely accessed, including through the Investor Relations website;
- the Investor Relations department organizes calls and meetings with shareholders, investors and analysts in the major financial markets or at the company's head office, company visits and presentations at broker conferences;
- for a period of ten days before the planned release of quarterly financial reports (Silent period), the Group does not comment on matters related to the Group's general financial results or expectations.