Monday, November 10, 2014

Boreal Water Collection Inc. (BRWC) Growth Continues Through Third Quarter 2014

Boreal Water Collection, a private label bottled water company based in Kiamesha, New York, announced that it has exceeded sales projections for Q3 2014.

Company revenues for the quarter ending September 30, 2014 were $652,505; an increase of $80,771 or 14.2% compared to the prior year. Costs of sales were 78% and 86% and the gross profit percentages were 22% and 14%, respectively. The gross profit increase of 57% is a result of a sales strategy aimed at boosting sales of the Boreal brands to new customers and existing customers, selective price increases, and improvements in its distribution network. Other contributing factors point to activity designed to grow the company’s co-packing and label business.

Ms. Francine Lavoie, CEO of Boreal Water Collection Inc. commented, “We strengthened the core of our product line, expanded our client list globally, and managed to drive growth with disciplined decisions, bold innovation, and focused execution.” Commenting further, Ms. Lavoie noted, “I am very pleased that we were able to increase our revenues during the third quarter of this year, and we are projecting to exponentially increase those revenues in the coming year ahead. Our solid execution and expense discipline will allow us to rapidly grow production and deliver a strong finish to the fiscal year along while increasing our long-term shareholder value.”

Boreal provides personalized bottled water for its customers for publicity, promotion, marketing, internal use and special events. The company also offers integrated turnkey service, with prize-winning Boreal private label water, made-to-order labeling, along with distinctive water containers. Customers include and/or have included Infiniti, Guess, LaCosta, Porsche, Ritz Carlton, Tommy Hilfiger, Saks Fifth Ave, Re/Max, BMW Balance Water, Wa-taah Water, Fred Water, Dean & DeLuca, the Quin Hotel, WestHouse New York, the Surrey New York City, Bouchon Bakery, Princeton University and 3M. A unique differentiator for the company is its access to two springs, one an award-winning source in the Canadian wilderness and the other in the Catskill Mountains region in New York State.

For more information on the company, visit www.borealwater.com

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