Eevia Health Plc reported that it has received a sales order from its Australian distributor Ingredients Plus.
Ingredients Plus serves leading nutraceutical brands in Oceania and Asia with high-quality ingredients. The end customer is a major natural health company based out of Sydney, Australia selling its consumer products across Asia and Oceania.
The sales value of this order is c. 545 000 EUR. The product is Feno-Myrtillus® bilberry extract standardized with a minimum of 36% anthocyanins. The Feno-Myrtillus® powder is extracted from arctic bilberries. The bilberry anthocyanin is a polyphenol with great benefits to human health which is included in a range of applications in food and dietary supplements with multiple benefits for human health. The order is slightly higher than earlier expectations for repeat sales of this product and is confirmed subject to the sufficient availability of raw materials at a pre-calculated raw material price for the upcoming harvest.
“With the volatility in the raw material markets due to the war in Ukraine, which is a large supplier of bilberries, and the continued pandemic, we are pleased to see that major brand organizations put their trust in Eevia Health as a reliable and high-quality supplier of berry extracts based on Swedish and Finnish bilberries,” says Anna-Maija Vanhatalo, Customer Service Manager in Eevia Health.
This disclosure contains information that EEVIA HEALTH PLC is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on June 27, 2022.