LABOMAR’S REVENUES INCREASE TO EURO 65.4 MILION IN 2021

20 January 2022

Labomar reports preliminary consolidated revenues of approx. Euro 65.4 million. Consolidated revenues include – in addition to Labomar Spa and Entreprises ImportFab Inc. – the companies acquired in 2021, i.e. the Welcare Group, from the second half of the year and Labiotre Srl for the month of December only. A 7% increase on 2020 consolidated revenues (of Euro 61.1 million) is reported.

“I am extremely satisfied with the preliminary indications of Labomar Group revenues for 2021,” outlined CEO and founder Walter Bertin, “firstly as they are in line with the outlook communicated to the market, and secondly because of the contribution from the companies that joined the Group scope last year, through two strategic acquisitions that have completed the control of the nutraceutical sector supply chain.”