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Export helps water brand hit £20m turnover

A Yorkshire bottled water brand has seen turnover grow to more than £20m as it has continued to expand overseas.

The company behind Harrogate Spring and Thirsty Planet, Harrogate Water Brands, has reported a rise in turnover from £19.8m in 2017/18 to £21.6m for the year ending 31 March 2019.

Pre-tax profit also rose to £1.2m, compared with £1.5m the previous year, with EBITDA of £3m.

Revenues were boosted by additional export business with the company expanding into overseas markets including Vietnam, Barbados and the US. The company also secured 187,794 sq ft of extra warehouse space.

Chief executive James Cain said: "Our continued strong performance reflects hard work and commitment across all areas of the business; providing our award-winning products in the most environmentally sustainable way possible, whilst maintaining the highest levels of customer service.

"We're extremely proud to represent the town of Harrogate and grateful to supply our loyal customer base and some of the world's best and most recognised brands.

"We shall continue to invest further, creating a centre of excellence for volume growth; with our focus on logistics, innovation and our industry-leading CSR agenda."

Harrogate Spring was official supplier to the UCI World Road Cycling Championships hosted by the town in September 2019. It was also the official bottled water of the Royal Albert Hall. It also supplies Yorkshire Cricket, Ascot Racecourse, Royal Ascot, and England and GB Hockey.

Harrogate Spring Water is able to trace its history back to 1571 when the spring was first discovered by Queen Elizabeth I's physician and the water has been bottled since 1740.