The Board of Directors of Safilo Group has reviewed the Group’s preliminary key performance indicators for the financial year ended Dec. 31, 2022. The full year annual results will be approved by the Board of Directors on March 9, 2023, during which the Group will also approve its medium-term economic and financial targets, which the management will present to the market during a Capital Market Day to be held in Milan. In 2022, Safilo’s preliminary net sales amounted to €1076.7 million, up 11.1 percent at current exchange rates and 4.2 percent at constant exchange rates compared to €969.6 million recorded in 2021. In 2022, organic sales grew by 7.7 percent at constant exchange rates, recording another significant improvement after the 10.5 percent growth achieved in 2021 compared to 2019. On a preliminary basis, Safilo closed the full year 2022 with an adjusted Ebitda of around €101 million, and a margin on sales of approximately 9.4 percent. Also on a preliminary basis, the group’s net debt as at Dec. 31, 2022 stood at around €113 million, slightly better than the position of €115.4 million reported at the end of September 2022.

March 2023