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Sales Rise at Ascendia

Calgon and Healing Garden brands boost results

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By: Jamie Matusow

Editor-in-Chief

Ascendia Brands, Hamilton, NJ, said consolidated net sales for the thirteen weeks ended August 25, 2007 increased by $9.5 million or 38.9% compared to the thirteen weeks ended August 26, 2006, from $24.4 million to $33.9 million.

The Calgon and the Healing Garden brands acquired from Coty Inc. on February 9, 2007 contributed $12.5 million to current quarter net sales. Excluding the impact of this acquisition, net sales decreased by $3.0 million.

Consolidated net sales for the 26 weeks ended August 25, 2007 increased by $26.6 million or 51.6% compared to the twenty-six weeks ended August 26, 2006, from $49.2 million to $75.8 million. The Calgon and the Healing Garden brands acquired from Coty Inc. on February 9, 2007 contributed $29.0 million to the increase.

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