Notice of Full Year Results (7201B)
April 20 2012 - 2:00AM
UK Regulatory
TIDMWTL
RNS Number : 7201B
Waterlogic PLC
20 April 2012
20 April 2012
Waterlogic Plc
("Waterlogic" or the "Company")
NOTICE OF FULL YEAR RESULTS
Waterlogic Plc (AIM: WTL.L), a leading manufacturer and global
distributor of point-of-use ("POU") drinking water purification and
dispensing systems, will announce its full year results for the
period ended 31 December 2011 on Monday 30 April 2012.
An analyst briefing for the Company will take place on 30 April
2012 at 8.45am for a 9.00am start at the offices of Kreab Gavin
Anderson:
Scandinavian House
2-6 Cannon Street
London, EC4M 6XJ
Those analysts wishing to attend are kindly asked to contact
Madeleine Palmstierna at Kreab Gavin Anderson on
waterlogic@kreabgvinanderson.com or by telephone on +44(0)20 7074
1800.
Enquiries:
Kreab Gavin Anderson (PR Adviser) Tel: +44 (0)20 7074 1800
James Benjamin Email: waterlogic@kreabgavinanderson.com
Madeleine Palmstierna
Website: www.waterlogic.com
Notes to editors:
Waterlogic Plc (AIM: WTL.L) is a leading manufacturer and global
distributor of mains attached point-of-use ("POU") drinking water
purification and dispensing systems designed for environments such
as offices, factories, hospitals, hotels, schools, restaurants and
other workplaces. Waterlogic is a Jersey registered company.
Waterlogic was one of the first companies to introduce POU
systems to Europe and has been a leader in the POU market in terms
of product design and quality, the application of new technologies
and in sales and service. Waterlogic has an extensive and expanding
independent global distribution network in place, reaching 50
countries across five continents.
Waterlogic products are currently being sold in North and South
America, Europe, Asia, Australia and South Africa. Waterlogic's
leading markets are the US and Western Europe in particular,
Germany, France, Norway, Sweden and the UK. Of the 1.5 million new
installations in the business-to-business market between 2005 and
2010, approximately 73% incorporated POU technology of which
Waterlogic had a 26% market share.
The Directors believe that the movement away from bottled water
coolers (BWC) to POU water dispensers is set to continue its
current trend as a result of cost, convenience, health benefits and
environmental considerations.
Waterlogic's Firewall(TM) ultra-violet (UV) technology is one of
the most effective water purification technologies for POU water
dispenser applications currently on the market and is the only
technology certified as being able to guarantee 99.9999% pure water
100% of the time, a fact which has been confirmed by over 5,000
physical tests in independent laboratories. The innovative
Firewall(TM) technology incorporates a highly-specialised, compact
UV system in the faucet/tap, which ensures that water passes
through the UV system immediately before it is dispensed into a
cup. This point of differentiation for Firewall(TM) is unique in
the POU market.
For the financial year ended 31 December 2010, the Group
generated revenues and adjusted EBITDA of USD 68.3 million and USD
11.4 million, respectively, and had approximately 500,000 machines
installed as at 31 December 2010.
As part of Waterlogic's ongoing commitment to providing safe
water, the Group has pledged to donate USD 225,000 over the next
three years to WaterAid. WaterAid is a renowned international
non-profit organisation that transforms lives by improving access
to safe water, hygiene and sanitation in the world's poorest
countries. Since 1981 WaterAid has reached 15.9 million people
globally with safe water. Website: www.wateraidamerica.org/
- ENDS -
This information is provided by RNS
The company news service from the London Stock Exchange
END
NORUKABRUWASAAR
Waterlogic (LSE:WTL)
Historical Stock Chart
From Oct 2024 to Nov 2024
Waterlogic (LSE:WTL)
Historical Stock Chart
From Nov 2023 to Nov 2024