Nova Nutria AG
Nova Nutria(R) Turnover Record in February – 423 % Increase in Turnover!
Nova Nutria AG / Forecast Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. ---------------------------------------------------------------------- Nova Nutria(R) Turnover Record in February - 423 % Increase in Turnover! Once again, the previous February 2009 has brought us the best Nova Nutria(R)¬ month in the history of the company - 423 % growth compared with the same months of the previous year as well as again 22 % growth in turnover from January to February 2009! 'The investments in the expansion of distribution of the past 9 months, in the ERP-system, in the advertising campaign and in new products start 'to bear fruit'. The company earnings of the year 2008 were a milestone in the history of the company already. 'For the running business year we expect a further increase in turnover in the high 3-digit range', says the President of the Administrative Board and company founder Dragan Manzano Vela. 'The dynamics of our distribution organization can be called phenomenal. The expansion of our distribution activities in the republics of former Yugoslavia and in Turkey exceed all our expectations. In the first two months of 2009 we have already made almost 30 % of the annual turnover of 2008. Carefully projected, we can assume an increase in turnover of 200 % compared with the year 2008 and of more than 300 % compared with the year 2007. At present, we internationally enlist more than 1000 new dealers per month. It is very interesting to observe how our direct sales model gains more and more dynamics in times of financial crises and economic stagnation. The planned openings of subsidiaries in the year 2009 will cater for another exorbitant surge in turnover. The preparations for the market entry in the United States are in full swing already. 'We assume that in the 3rd quarter of 2009, with the already commenced hiring of new distribution partners, we will be able to constitute the basis for the distribution start in the first quarter of 2010', Dragan Manzano continues. The Nova Nutria(R) group of companies with operations in all European countries and product developments based on its own research and development activities is focused on the topic Bio-Signalling-Nutrition. The group of companies today is considered as one of the worldwide leading entities regarding the research, development, manufacturing and marketing of products which are based on the Bio-Signal-Theory. The product range is thereby focused on high-quality nutritional supplements for man and beast, dietary food, functional cosmetics as well as home and personal care products. Nova Nutria(R) AG is listed at the Frankfurt Stock Exchange under the stock symbol 47N. The company is running international representative offices and subsidiaries and is present in the entire European Union with a comprehensive network of sales distributors. Dragan Manzano Vela President of the Board of Administration Zugerstrasse 8a CH-6340 Baar Telefon: +41 (0) 41 544 90 06 Fax: +41 (0) 41 544 90 07 E-Mail: info@novanutria.ag 10.03.2009 Financial News transmitted by DGAP ----------------------------------------------------------------------
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