Intercos S.p.a.MIL: ICOS

ICOS: Sales fell 6% in Q1, but strong order growth and innovation support a positive 2026 outlook

· Issued by Intercos S.p.a.

Q1 2026 saw a 6% sales decline and lower margins due to currency and volume headwinds, but cash flow was strong and order entry robust. Guidance for 5%-6% revenue growth is maintained, with innovation and a strong order book supporting optimism for the rest of the year.

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