The Economic Times

Beauty, cosmetics segment to be key growth driver for EPL; raises near-term revenue guidance

EPL Ltd anticipates its beauty and cosmetics segment will drive future growth. The company expects continued momentum after reporting strong June quarter topline growth. EPL has raised its near-term revenue guidance to sixteen to eighteen percent. A proposed merger with Indovida aligns with EPL's global leadership strategy. This transaction is expected to be completed by early next year.