The Safilo logo is seen in this illustration taken May 1, 2022. REUTERS/Dado Ruvic/Illustration

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MILAN, May 3 (Reuters) – Italian eyewear maker Safilo (SFLG.MI) on Tuesday reported an 8.4% rise in first-quarter sales at constant currencies, driven by resilient eyewear business. prescriptions and a rebound in sales of sunglasses, particularly in Europe.

The frame maker for Hugo Boss and Tommy Hilfiger said in a statement that January-March sales were 282.6 million euros ($297.61 million), while adjusted profit margins increased at 11.3% against 10.3% a year earlier.

The company said it had seen a recovery in demand in Europe thanks to its own brands and key licenses, and that North America remained a strong market despite a “difficult basis of comparison”.

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He added, however, that revenues in the Asia-Pacific (APAC) region fell 9.3% at constant exchange rates due to the impact of the new COVID-19 shutdowns in China.

“We remain convinced that the resilience of the eyewear sector and the effectiveness of our strategy will continue to support the group’s sales and margin growth also in 2022,” Chief Executive Angelo Trocchia said in the statement.

($1 = 0.9496 euros)

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Reporting by Federico Maccioni Editing by Keith Weir

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