Itronics YTD Sales Up 42 Percent

Itronics Inc., Reno, Nev., said on June 4 sales of its Gold’n Gro fertilizer were up 42 percent for the January-May period compared to year-ago levels. The company cited a combination of factors, including increased demand within the existing customer base, new demand from addition of new retail outlets to the customer base, and expanding interest in additional its fertilizers within its product line.

“The company sales have returned to levels not seen in many years,” said Dr. John Whitney, Itronics President. “We have greatly expanded our sales efforts and are now realizing outstanding results from those efforts. At current order rates we expect to exceed 2018 full-year fertilizer sales in June.

“We are expecting that sales will continue at higher levels in the second half of the year, reducing the seasonality of the business and greatly expanding annual sales levels, ” Whitney added. Intronics 2018 fertilizer sales revenues were $1.24 million.

The company said it continues to conduct field trials of its products, and expects these results to further boost sales.