Safilo jumps after reporting Q3 results above estimates

Safilo SpA

05/11/2025 10:02

** Shares in Italy's Safilo SFLG.MI jump around 8% after the eyewear maker posted Q3 results above analyst estimates

** Safilo's Q3 sales came in at 220.8 million euros, up 2.1% at constant rates, while its adjusted EBITDA margin stood at 10.0%

** Brokerages Equita, Akros and Intermonte all say the results beat their estimates

** "Overall, a very solid quarter," Equita says in a note, though adds that still challenging consumer environment prevents it from making estimate revisions

** Intermonte highlights positive trend at brands such as Carrera, Marc Jacobs, BOSS and growing sales in Europe and Asia-Pacific regions, offsetting weakness in North America

** Up to the previous session's close the stock was up 80% YTD

 (Reporting by Enrico Sciacovelli)

 ((Enrico.sciacovelli@thomsonreuters.com))