Dutch company Airspray this week reported a growth in profit before tax for the first quarter that fell in line with expectations and maintained that the profit growth, of at least 15 per cent, should continue tax for the full year 2003.
Both key markets, Europe and the United States, experienced a good start for the year. Compared to the first quarter 2002, the volume of all Airspray dispensers grew. In particular the volume growth of the Mini Foamer and Table Top Foamer.
Sales in the first quarter was also influenced positively by two "customer specific project" orders related to fill the pipeline before retail launch.
In mid March, Airspray reported it's growing success with product launches in the "Suncare" category with both sun protection (SPF) and selftan products. Early February, production capacity in the United States was doubled due to the fact that two additional assembly machines were taken into production.
Practically all types of foam dispensers can now be assembled in the American plant.
Airspray, that brands itself as 'technologically driven', is produces innovative dispensers for range of consumer products and for clients including Unilever, Wella, Colgate, L'Oréal, Henkel-Schwarzkopf and Johnson & Johnson.