Ecoya Renamed Under Trilogy Brand

Ecoya Limited have announced they will change their name to Trilogy International Limited.

Trilogy Chairman Geoff Ross, global sales and marketing manager Corinne Morley and chief executive Stephen Sinclair
Ecoya acquired Trilogy in September 2010; since then, the business has grown and contributed significantly to overall group performance. Revenue from Trilogy now represents 60 per cent of group revenue and is forecast to remain a significant proportion of the business.

While changing the group name to Trilogy, the Ecoya brand and business also continues to grow. In the New Zealand market, the Ecoya brand has achieved revenue growth of 94 per cent during 2013 and has a strong platform for continued growth. The launch of new products, Madison and Mini Metro, have been very successful and helped lift sales in the first months of the new financial year.

“We believe by changing our name to Trilogy, investors will better understand the direction of our business. Importantly, it supports the breadth of opportunities available to us in both the home fragrance market and the international skin care market,” said Stephen Sinclair, CEO of Trilogy International.

“The global skincare market continues to grow and the Trilogy brand is well placed to take advantage of opportunities both in Australasia and internationally. Key recent wins for the Trilogy brand highlight the opportunities available that we are well-positioned to pursue. Trilogy’s certified natural credentials and the fact that it’s a New Zealand product provide strong points of difference for us to leverage,” he adds.

The business for Trilogy in Australia is up 30 per cent from 2012 which is representative of opportunities in Australasia and markets further afield.

Effective from 4 June 2013, the company will trade through NZX as Trilogy International Limited under ticker code "TIL".

Visit www.trilogyintl.com for further information.