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The following tables show figures from the consolidated financial statements. You can select your preferred periods from the drop-down menu. All data can be downloaded in Excel format.
The Safilo Group fiscal year ends in December.
(Millions of euros)
|Net profit/(loss) attrib. to the Group||(251.6)||(142.1)||(52.7)||39.1||15.5|
|Key data per share|
(Millions of euros)
|Net working capital||231.6||261.7||277.7||303.1||246.9|
|Tangible & intangible fixed assets||473.3||710.0||843.7||841.2||783.0|
|Financial fixed assets||-||-||-||7.6||8.4|
|Non-current assets held for sale||1.3||1.5||9.9||-||-|
|Net capital employed||664.9||921.2||1,088.5||1,137.5||1,028.6|
|Net financial position||131.6||48.4||89.9||163.3||182.5|
(Millions of euros)
|Cash from operating activities prior to changes in working capital||4.9||47.0||61.1||68.2||51.1|
|Changes in working capital||(36.0)||42.0||53.7||(41.3)||17.5|
|Cash from operating activities||(31.1)||89.1||114.8||26.9||68.6|
|Cash from financing activities||(39.0)||(44.3)||(40.0)||(39.3)||(40.2)|
|Free cash flow||(70.1)||44.7||74.8||(12.4)||28.4|
Number of Employees
Adjusted economic KPI*
|Adjusted Operating profit/(loss)||(0.8)||43.5||61.4||83.0||84.8|
|Adjusted Net profit/(loss) attrib. to the Group||(47.1)||15.4||6.9||44.5||39.0|
|*||In 2017, the adjusted economic results exclude: (i) an impairment charge on the goodwill allocated to the Group’s cash generating units for Euro 192.0 million and (ii) non-recurring costs for a total of Euro 15.3 million (Euro 15.2 and 12.5 million, respectively on EBITDA and Net result) related to the reorganization of the Ormoz plant in Slovenia, cost saving and restructuring initiatives, and to some legal litigations; include: (i) an income of Euro43 million, annual portion of the total Euro 90 million accounting compensation for the early termination of the Gucci license.|
In 2016, the adjusted economic results exclude: (i) an impairment loss on the goodwill allocated to the Far East cash generating unit for Euro 150.0 million and (ii) non-recurring restructuring costs for a total of Euro 9.8 million (Euro 7.9 and 7.5 million, respectively on EBITDA and Net result) due for Euro 8.6 million to overhead cost saving initiatives, such as the integration of Vale of Leven (Scotland) Polaroid lens production into Safilo’s China based corporate supply network and for Euro 1.2 million to commercial restructuring costs in the EMEA region; include: (i) an income of Euro 8 million related to part of the total Euro 90 million accounting compensation for the early termination of the Gucci license, and (ii) an expense of Euro 4 million related to the final acceleration to P&L of Gucci prepaid royalties.
In 2015, the adjusted economic results exclude: (i) an impairment loss on the goodwill allocated to the Far East cash generating unit for Euro 40.5 million, (ii) commercial restructuring costs in the EMEA region for Euro 1.2 million, other non-recurring costs for Euro 1.8 million mainly related to the consolidation of the Group’s North American distribution network into its Denver facility and Euro 17.0 million for a provision for other risks and charges in relation to the investigation of the French Competition Authority.
In 2014, the adjusted economic results exclude non-recurring costs related to Executive Officers succession plans for 3.3 million Euro, to Smith Sport Optics restructuring for 2.5 million Euro, and to other restructuring costs for 1.9 million Euro.
In 2013, the adjusted economic results exclude: (i) non-recurring items related to the CEO succesion plan for 6.2 million euro and to other restructuring costs for Euro 3.9 million; (ii) non-recurring costs in the line taxes for Euro 13.4 million mainly related the Company's best estimate of tax assessment in Italy for years 2007 to 2011. This estimate is reasonable and consistent with the definition which took place on February 27, 2014 covering all the years.