Intercos S.p.a.MIL: ICOS

ICOS: Adjusted EBITDA up 12.3% in 9M25, with Make-up driving growth and margin improvement

· Issued by Intercos S.p.a.

9M25 revenues grew 2.9% at constant FX, led by Make-up, while Adjusted EBITDA rose 12.3% with margin gains. FY25 Adj. EBITDA guidance is confirmed at €155m, as capacity expansion and R&D investments support future growth amid volatile U.S. and rebounding Asian markets.

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