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PHOENIX, May 23, 2018 /PRNewswire/ -- Bollente Companies, Inc. (BOLC) released its earnings report for Q1 2018, touting a company record 268% year-over-year increase in sales and a fourth consecutive quarter of increasing gross margins. "2018 is proving itself to be a breakout year for trutankless," said Michael Stebbins, president of trutankless.
PHOENIX, April 18, 2018 /PRNewswire/ -- Bollente Companies, Inc. (BOLC) has released its annual report for 2017, reporting a record 61% increase in annual revenue compared to the prior year. "2017 was an excellent year in terms of revenue growth and gross profit for the company," said Bollente CEO Robertson Orr. Fannie Mae reports released this week indicate growth in both housing starts and permits, driven by strength in the multifamily segment where space saving products like trutankless are well received.
PHOENIX, March 20, 2018 /PRNewswire/ -- Bollente Companies, Inc. (BOLC) is celebrating a significant expansion into the Florida water heating market, which is over 90% electric, with its trutankless line of electric tankless water heaters. With over 500 trained installers and an additional sales rep agency secured, trutankless is well-positioned to meet soaring demand for reliable, energy-saving, on-demand electric tankless water heaters throughout the state. "In a market where nine out of ten homes rely on electric water heaters, trutankless is the perfect replacement for the bulky, inefficient tank," said Michael Stebbins, president of trutankless.
PHOENIX, Sept. 26, 2017 /PRNewswire/ -- Bollente Companies, Inc. (BOLC) today announced that its award-winning trutankless line of electric tankless water heaters has launched a nationwide distribution program with Ferguson, the largest distributor of commercial and residential plumbing supplies, and pipe, valves, and fittings (PVF) in the United States. Trutankless units are now available at the more than 1,400 Ferguson locations across the country, and the trutankless team is expanding its sales force to meet the tremendous growth and demand for the product from homebuilder and plumbing company partners, including the recently announced industry leader Mr. Rooter Plumbing, in all major markets. "This national rollout with Ferguson is a milestone for trutankless and the culmination of a long and successful relationship with one of the most recognized names in the industry," said Michael Stebbins, President of trutankless.
Categories: Yahoo FinanceGet free summary analysis Bollente Cos., Inc. reports financial results for the quarter ended June 30, 2017. We analyze the earnings along side the following peers of Bollente Cos., Inc. – Tennant Company and Leucadia National Corporation (TNC-US and LUK-US) that have also reported for this period. Highlights Summary numbers: Revenues of USD 0.14 million, ... Read more (Read more...)