“Managing Directors of our business lines are collaborating in many ways to develop comprehensive solutions for our customers around the world. We have recently seen two significant examples of real synergies and integration opportunities – between Genesys and
Strengthening customer relationships by focusing on these types of synergies should lead to increased recurring sales for the Corporation, which typically results in improving overall gross margins. These activities can often present opportunities for the Specialty Products businesses to develop new products to support their customers.
Genesys’ Algerian distributor recently signed an agreement to represent Piedmont’s business line as well.
In
Prospective disclosures
This press release contains forward-looking information under applicable securities law. All information that addresses operations and activities that H2O Innovation expects to occur in the future is forward-looking information. Forward-looking statements use such words as “believe”, “continue”, “estimate”, “expect”, “intend”, “should” or “will” and other similar terms as well as those usually used in the future and the conditional. Forward-looking statements concern analysis and other information based on forecast future results and the estimate of amounts that cannot yet be determined and are based on the estimates and opinions of management on the date the statements are made. In this press release, such forward-looking statements include, but are not limited to, statements regarding the Corporation’s ability to create synergies and cross-selling opportunities to grow its business. Those forward-looking statements involve several risks and uncertainties. Those risks and uncertainties include, but are not limited to, the Corporation’s ability to maintain this cross-business collaboration, increase recurring sales following new business wins and improve gross profit margin. Other risk factors are discussed in the Corporation’s Annual Information Form dated
Should one or more of these risks or uncertainties materialize, or should the assumptions underlying those forward-looking statements prove incorrect, actual results may vary materially from those described herein. Unless required to do so pursuant to applicable securities legislation, H2O Innovation assumes no obligation to update or revise forward-looking statements contained in this press release or in other communications as a result of new information, future events, and other changes.
About Genesys
Genesys is a
About H2O Innovation
H2O Innovation designs and provides state-of-the-art, custom-built, and integrated water treatment solutions based on membrane filtration technology for municipal, industrial, energy and natural resources end-users. The Corporation’s activities rely on three pillars which are i) water technologies and services; ii) specialty products, including a complete line of specialty chemicals, consumables, and specialized products for the water treatment industry; and iii) operation and maintenance services for water and wastewater treatment systems. For more information, visit www.h2oinnovation.com.
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Source:
H2
www.h2oinnovation.com
Contact:
+1 418-688-0170
marc.blanchet@h2oinnovation.com
Source:
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