With all bottled water companies now getting the green light to start bottling and selling their water again, the figures are in and some companies took a bath.

According to Globes: “Bottled water company Eden Springs Ltd. (Maayanot Eden) (TASE: MEYD) today notified the Tel Aviv Stock Exchange (TASE) that it expects NIS 22-25 million in lost revenue and NIS 10 million in lower earnings before interest, taxes, depreciation and amortization (EBITDA) due to the temporary halt in pumping of water from the company’s spring. The company added that future financial losses could be greater, but that it cannot estimate them at this time. Last month, the company stopped pumping water, after a routine test discovered levels of microbial contaminants exceeded the permitted standard. Rival bottled water company Neviot - Nature of Galilee Ltd. (TASE: NVIO) also suspending pumping from its well for the same reason. The Ministry of Health has now ruled that Eden Springs’ spring water is compliant with the standards, and has allowed it to resume pumping and marketing of its water.”

As a customer of Neviot, it was tough over the last month as the company barely had any water to bring the office. Heaven forbid we could drink water from the tap!

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