AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

Labomar

Regulatory Filings Mar 7, 2022

4144_rns_2022-03-07_8cb9732e-a79e-4130-8be3-26248204e967.pdf

Regulatory Filings

Open in Viewer

Opens in native device viewer

Labomar is attending the "Mid&Small in London 2022" investor conference on March 31

Istrana (TV), March 7, 2022. Labomar (Euronext Growth Milan, Ticker: LBM), nutraceutical company based in Italy with an international business, is attending the "Mid&Small in London 2022", investor conference organized by Virgilio IR that will be held in presence in London at the Tower Hotel (St. Katharine's Way) from 29 to 31 of March.

On March 31 Labomar's management team (Chairman and CEO Walter Bertin, BoD Member Claudio De Nadai, CFO Claudio Crespan and Head of Sales Francesco Da Riva) will share with the financial community the latest company news.

Materials dedicated to investors are available on the Company website www.labomar.com, "Investor" section.

****

Labomar Profile

Founded by Walter Bertin in Istrana (province of Treviso) in 1998, Labomar is specialised in the development and production of food supplements, medical devices, foods for special medical purposes and cosmetics for third parties. Over more than 20 years, Labomar has built a business model which sets it apart from its competitors and generates value for all stakeholders, providing a comprehensive service and a high quality and productivity standard. The company boasts a well structured and cutting-edge research and development department with a particular focus on innovation, a commercial team which reacts quickly to market demands and a high level of product differentiation thanks to its proprietary patents and formulas.

Labomar reports for 2021 preliminary consolidated revenues of approx. Euro 65.4 million (unaudited). 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.

In July 2021, Labomar acquired 63% of the Welcare Group. The Group comprises Welcare Industries Spa and Welcare Research Srl, producers of skincare medical devices, with its registered office in Orvieto. In December 2021, the holding increased to 70%.

In November 2021, LaboVar Srl was established - 51% owned by Labomar and 49% by Var Group Spa (a wholly-owned subsidiary of the listed STAR Sesa Spa) - for the sale of nutraceutical products on an e-commerce platform in the Chinese market.

Also in November 2021, Labomar acquired control of Labiotre Srl, a Tuscan enterprise specialising in the production of plant extracts, fully integrating the supply chain concept advocated by Labomar.

Labomar sincerely believes in operating as a business centred on sustainability and the well-being of the individual, the environment and the community. It has therefore amended it By-Laws to become a Benefit company. This new legal status, introduced in Italy in 2016, formalises the decision to develop a responsible, sustainable and transparent development model, which marries operating-earnings objectives with social and environmental aspects.

For Information:

Investor Relations Labomar Claudio De Nadai - +39.0422.677203 - [email protected] Mara Di Giorgio - +39.335.7737417 - [email protected]

Labomar Press Office

Thanai Bernardini - +39.335.7245418 - [email protected] Alessandro Bozzi Valenti - +39.348.0090866 - [email protected]

Euronext Growth Advisor Banca Mediolanum +39.02.9049 2525 - [email protected]

Talk to a Data Expert

Have a question? We'll get back to you promptly.