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EXEC: Smith Optics Drives Solid Bike Business Momentum for Parent Safilo in NorAm Market in Q2
['Sgb Executive']
SGB Media Online
Second Quarter SummaryNet sales in the second quarter were down 5.1 percent y/y in reported CE terms (-4.5 percent CC) to €239.1 million.
North AmericaNorth America Q2 2026 sales declined 6.1 percent CE y/y (-4.4 percent CC) to €95.9 million.
In the first half of 2026, sales in North America declined 6.9 percent CE (-0.8 percent CC) to €205.6 million.
Adjusted EBITDA totaled €49.0 million in Q2, up 75.2 percent y/y compared to €27.9 million in the second quarter of 2025.
As of July 31, 2026, Safilo S.p.A. had purchased, since the launch of the Program, a total number of 3,200,000 of Safilo Group ordinary shares.