Success Across Business Drives First Quarter Sales
Success Across Businesses Drives First Quarter Sales
Growth
Statement made by David Warrick, Managing
Director, Certified Organics Limited
Growth in the
existing Interceptor business and the impact of sales from
the NZ Nature Company (NZ Nature) have combined to provide
strong sales results for Certified Organics in the first
quarter (January to March 2006) of the new financial year.
• Overall first quarter sales revenue was up 622% to
$852,000, on the same period in 2005
• Interceptor
products contributed $167,000 of sales, up 41%, thanks
largely to $150,000 worth of Interceptor Seed Eradicator,
for the first of six shipments to the Government of South
Australia for its Branched Broomrape eradication
programme
• NZ Nature continued its excellent performance
since being acquired by Certified Organics in August 2005,
with sales up 5% to $685,000
Prospects for Certified
Organics in the second quarter of 2006 look very strong.
Approximately $800,000 worth of Interceptor Seed Eradicator
product has already been booked for the balance of the new
season’s shipments by the Government of South
Australia.
Certified Organics will be holding its Annual General Meeting on Tuesday May 16.
- Ends -