From Forbes.com on 10.01.07, 6:29 AM ET
LONDON (Thomson Financial) - Israel-based AHAVA-Dead Sea Laboratories Ltd said it intends to float on AIM, raising about 22 mln usd via a share placement, to increase revenue and margin growth through investment in the Ahava brand, the group international distribution channels and expansion of the branded retail chain.
The maker of cosmetic products from the Dead Sea reported a 25 pct rise in net profit to 2.1 mln usd on sales of 14.7 mln usd.
The Ahava brand is sold in more than 25 countries.
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Wednesday, October 10, 2007
Israel's AHAVA-Dead Sea Laboratories seeks AIM listing
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