The company said it had delivered a solid set of results and had a landmark year with continued growth and increased profitability. It has also raised funds for further expansion.
The Group saw revenue growth in the year across all channels to market, with recurring rental and service revenue growing 22.4% and with organic growth at 6.2%. All regions showed revenue growth, particularly Scandinavia and Germany with increases of 24.4% and 25.4% respectively. The company is continuing to commercialise its innovative Firewall™ UV technology and progress its further expansion into new markets.
During the period Waterlogic appointed new distributors in Turkey, Saudi Arabia and Mexico and also completed the acquisition of the InnoTech and Aqua Cure businesses and cooler portfolio in France.
Since the year end, the Waterrlogic said it had continued to pursue its acquisition pipeline with three transactions already completed to date. Machines now in the field have increased by 65,000 to 565,000.
Jeremy Ben-David, Waterlogic Group CEO, commented
“2011 was an extraordinary year for the Group. We changed from being a privately owned business, following 19 years of successful profitable growth, to becoming a public company admitted to trading on the London Stock Exchange AIM Market. Waterlogic revenue for the year was $84.9m, a growth of 24.3% over 2010. Adjusted operating profit was $8.3m. I am very pleased with this solid, first set of results following our admission to AIM, especially considering the general economic environment.
“While the external commercial environment is expected to remain challenging in 2012, the Directors remain confident about the Group’s Firewall™ technology projects, potential acquisitions being worked on, and the Group’s organic business. We enter 2012 with a $50.6m net cash position and we have a number of very attractive acquisition opportunities. Our core business is driven by both rental and service income and contract-based trade sales (31.8% recurring and 53.9% total contractual) and is therefore more resilient to economic cycles.”
With the UK government demanding a 50% reduction in storm overflow spills by 2029, the era of reactive management is over. Speaking in the House of Commons on 21 July 2025, then environment secretary Steve Reed said, “This Government will cut water companies’ sewage pollution in half by the end of the decade.”
ERG, the leading supplier of odour control systems and industrial gas cleaning & thermal systems, has been awarded the coveted King’s Award for Enterprise.
Welsh Water’s new artificial intelligence-driven tool, ORAI, has been shortlisted for three categories at the prestigious British Data Awards 2026 – underscoring the company’s commitment to using cutting-edge technology to deliver better outcome for customers.
Barhale has completed work on two separate Rapid Action Taskforce Spills projects it is carrying out for Severn Trent.
Hear how Scottish Water has completed its £235 million Ayrshire Glasgow Resilience Project - customers across Greater Glasgow, Ayrshire and East Renfrewshire will now benefit from a more secure and resilient water supply.
Hear how United Utilities is accelerating its investment to reduce spills from storm overflows across the Northwest.
Find out more about the remarkable career opportunities on offer at WSP - scroll down to watch the inspirational video.