Volume was buoyant in existing segments such as hand soap and reflected the new entry into the household segment. North America accounted for 58% of the turnover, Europe 37% and other 5%. Operational expenses increased 11%, which was lower than the sales growth. The company estimates a 20% increase in revenues and profits for 2005.
Airspray is expanding its operations to include the molding of parts. In Florida, it’s increasing the size of operations to 24,000 square feet, a 50% increase, and adding 16 staff. The expansion starts in January.