Safilo Group SpA 2024 AR2
The report highlights Safilo Group's performance in 2024, a year marked by the acquisition of the perpetual license for Eyewear by David Beckham and the validation of its emissions reduction targets by the Science Based Targets initiative (SBTi). The company achieved a gross industrial margin nearing 60% of sales and improved its adjusted EBITDA margin to 9.4%, demonstrating resilience despite a 2.3% decrease in net sales at constant exchange rates. On the sustainability front, Safilo increased the share of new collections made with sustainable materials to 23% and covered over 95% of its electricity needs with renewable sources, leading to a 19% reduction in Scope 1 and 2 emissions compared to 2023.
Company: Safilo Group SpA
Sector: Consumer Discretionary
Country: Italy
Year: 2024
Type: AR2
Pages: 364
Safilo Group SpA
Annual Report
The report highlights Safilo Group's performance in 2024, a year marked by the acquisition of the perpetual license for Eyewear by David Beckham and the validation of its emissions reduction targets by the Science Based Targets initiative (SBTi). The company achieved a gross industrial margin nearing 60% of sales and improved its adjusted EBITDA margin to 9.4%, demonstrating resilience despite a 2.3% decrease in net sales at constant exchange rates. On the sustainability front, Safilo increased the share of new collections made with sustainable materials to 23% and covered over 95% of its electricity needs with renewable sources, leading to a 19% reduction in Scope 1 and 2 emissions compared to 2023.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Employees