Intercos to grow at fast pace this year - founder to paper
29/04/2022 06:02
ROME, April 29 (Reuters) - The founder of Intercos ICOS.MI
sees "fast-paced" growth this year for the Italian beauty
products manufacturer which listed in Milan in November,
speaking in an interview to daily Il Sole 24 Ore published on
Friday.
"We expect a 2022 at fast-paced-growth, in line with the
historical performance of Intercos," Dario Ferrari, founder of
the company, who still controls the company with just over 40%
of the shares, was quoted as saying.
He added that the cosmetics industry will return to
normality in 2023 after suffering the consequences of the
pandemic, the Ukrainian conflict, increases in raw material
prices and supply chain disruptions.
(Reporting by Giulia Segreti, editing Claudia Cristoferi)
((Giulia.Segreti@tr.com; +39.06.80307714;))