BWT has been awarded the “2004 Frost & Sullivan Market Penetration Leadership Award” by this renowned international market research institute.

BWT is further expanding its market leadership in the area of water treatment. BWT´s growth strategy defines 3 targets: Growth through innovation, growth through geographic expansion, and growth in existing markets with existing technologies.

After the decline in sales and earnings posted in the 2003 financial year, BWT – Best Water Technology Group – already generated very pleasing growth again in the first quarter of the new financial year.

• Sales and earnings decline
• Cash flow kept at a high level of € 28,7 Mio
• Acquisition of HOH strengthens European market leadership

BWT – Best Water Technology Group, Austria, has taken another important step towards extending its worldwide professional care of its international and domestic clients in the pharmaceutical industry through the acquisition of Waterman Purification Ltd, Dublin, Ireland.

BWT Best Water Technology has appointed Sabine Ohler to lead the Company’s Investor Relations and Group Communications efforts.

• Aqua Ecolife Technologies: increase in sales and earnings
• Aqua Systems Technologies negatively impacted
• Slight increase in sales and earnings in the 3rd quarter
• Acquisition of Scandinavian HOH group strengthens BWT market leadership in Europe

BWT announces a change in the Board of Management to take effect in October.