WTL Waterlogic

TIDMWTL

RNS Number : 5565M

Waterlogic PLC

18 August 2011

18 August 2011

Waterlogic Plc

("Waterlogic" or the "Company")

NOTICE OF INTERIM 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 interim year results for the period ended 30 June 2011 on Monday 12 September 2011.

An analyst briefing for the Company will take place on 12 September 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 Natalie Biasin or 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 
  Natalie Biasin 
  Madeleine Palmstierna 
 

Website: www.waterlogic.com

Further information on Waterlogic Plc:

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 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 48 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 Western Europe in particular, Norway, Denmark, Germany, France, UK and the US. Of the 1.5 million new installations in the business-to-business market between 2005-2010, approximately 73% incorporated POU technology of which Waterlogic had a 26% market share.

The Directors believe that the movement away from bottled water coolers 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 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 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 is unique in the POU market.

For the financial year ended 31 December 2010, the Group generated revenues and adjusted EBITDA of US$68.3 million and US$11.4 million, respectively, and had approximately 500,000 machines installed as at 31 December 2010.

- ENDS -

This information is provided by RNS

The company news service from the London Stock Exchange

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