Beauty Industry

Sales Rise at Ascendia

Calgon and Healing Garden brands boost results

Ascendia Brands, Hamilton, NJ, said consolidated net sales for the thirteen weeks ended August 25, 2007 increased by $9.5 million or 38.9% compared to the thirteen weeks ended August 26, 2006, from $24.4 million to $33.9 million.

The Calgon and the Healing Garden brands acquired from Coty Inc. on February 9, 2007 contributed $12.5 million to current quarter net sales. Excluding the impact of this acquisition, net sales decreased by $3.0 million.

Consolidated net sales for the 26 weeks ended August 25, 2007 increased by $26.6 million or 51.6% compared to the twenty-six weeks ended August 26, 2006, from $49.2 million to $75.8 million. The Calgon and the Healing Garden brands acquired from Coty Inc. on February 9, 2007 contributed $29.0 million to the increase.

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