(Alliance News) - Talea Group Spa reported Thursday that its commercial brand Farmaè ranked fourth among generalist e-commerce sites in Italy, after giants such as Esselunga, Unieuro and La Feltrinelli, and first in Health and Wellness, as well as 13th among leading e-commerce sites worldwide.

This is what emerges from the data of Netcomm, the eCommerce Delivery Index, a point of reference in e-commerce and digital retail in the national and international panorama born in 2005, which brings together more than 480 companies including international companies and small-medium companies of excellence.

"This recognition reflects the important growth path pursued by the group, which, just this year, celebrates its 10 years in business and in recent months has completed the acquisition of seven brands and the launch of its new private label line of supplements "Farmaè - it's made for you,"" the company explained.

"The effectiveness of Talea Group's development strategy is evidenced by the results of the first quarter of 2024, where it reported consolidated adjusted revenues of EUR43.5 million, an increase of 12 percent compared to the same period in 2023. In particular, the Consumer area was a major contributor to this performance, achieving revenues of EUR41.5 million, up 12 percent year-on-year. This success reflects the effectiveness of the strategies adopted to improve the offering and increase the competitiveness of brands in the market. Overall, in the Consumer area, more than 4.5 million products were sold, an increase of 13 percent, and orders exceeded 900,000, marking a growth of 8.5 percent."

Riccardo Iacometti, founder and managing director of Talea Group, commented, "Farmaè's positioning as fourth among the leading generalist e-commerce companies in Italy and first in the Health and Wellness sector is a source of pride for our Group. This recognition not only rewards the quality and effectiveness of our offering but also reflects the constant commitment of the entire Talea Group team."

"The financial results for the first quarter of 2024, with consolidated revenues up 12 percent over last year and a 47 percent increase over the last quarter of 2023, are a clear indicator of the success of our strategies. These KPIs highlight our ability to innovate and respond to market needs, consolidating our position as a leader in Italian e-commerce. As we celebrate the 10th anniversary of our group's birth, we look to the future with optimism, ready to seize new opportunities for growth and development."

Talea Group's stock is down 0.7 percent at EUR5.62 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

Comments and questions to redazione@alliancenews.com

Copyright 2024 Alliance News IS Italian Service Ltd. All rights reserved.