Nutroganics, Inc. (NUTT) Raises 2015 Revenue Guidance, Announces Other Initiatives
(firmenpresse) - BETHESDA, MD -- (Marketwired) -- 09/09/15 -- Nutroganics, Inc. (OTC PINK: NUTT) ("Nutroganics") announced today that it is raising its 2015 revenue guidance to $16.3 million, up from prior guidance of $16.0 million.
David Sackler, Nutroganics'' President & CEO, said, "Given continued favorable trends and growth in our business, we are pleased to increase our 2015 revenue guidance. The second half of 2015 is shaping up nicely with both new customers and increased orders from some of our existing customers. We also are looking at a significant expansion of space, production and distribution capabilities over the next seven months, including new alliances, new equipment and greater throughput to accommodate growing demand. In short, things continue to trend in a favorable direction."
acquires and grows revenue-generating businesses operating in the healthy lifestyle marketplace, and seeks to capitalize on synergies from manufacturing through distribution. Nutroganics owns , a producer and packager of honey products founded in 1945 and based in Moses Lake, Washington and , a Utah based packager of nutritional products and supplements.
For more information, contact David Sackler at or (240) 223-1000, and/or Rich Kaiser, Investor Relations, YES INTERNATIONAL, , 757-306-6090, .
This release may contain forward-looking statements, which involve known and unknown risks, uncertainties, and other factors, which may cause Nutroganics'' actual results, performance, or achievements to be materially different from actual future results expressed or implied by the forward-looking statements. We undertake no obligation to update any forward-looking statements after the date of such statements.
Contact:
David Sackler
240-223-1000
Rich Kaiser
757-306-6090
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Datum: 09.09.2015 - 09:45 Uhr
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