NOVA SCOTIA: Sparkling Spring Expects Record Revenue, Customer Growth, in the Third Quarter

By Company Press Release | 4 October 2000

(All Currency Amounts in US$)Sparkling Spring Water Group Limited announced today that it expects to report record revenue and net customer growth in its third quarter ending September 30. The Company also expects positive income for the quarter as declines in interest expense due to its currency hedge have more than offset shortfalls in EBITDA caused by the weak Pound, high fuel prices and increased sales expenses resulting from the increased customer growth.

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(All Currency Amounts in US$)Sparkling Spring Water Group Limited announced today that it expects to report record revenue and net customer growth in its third quarter ending September 30. The Company also expects positive income for the quarter as declines in interest expense due to its currency hedge have more than offset shortfalls in EBITDA caused by the weak Pound, high fuel prices and increased sales expenses resulting from the increased customer growth.

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