Olaine, May 15, 2014

Sales of „Olainfarm” in April increase by 76%

Preliminary consolidated sales figures of AS “Olainfarm” for April 2014 show that sales have reached 9.46 million euro, which represents an increase by 76% compared to the same period one year ago. The major sales increases were achieved in Ukraine, where sales grew by 13708%, sales to Georgia grew by 716%, sales to Tajikistan grew by 647%, sales to Lithuania grew by 361% and sales to Russia grew by 130%. Major sales markets of AS “Olainfarm” in Aprils 2014 were Russia, Latvia, Ukraine and Belarus.  Sales during this period were made to 19 countries on 2 continents.

Sales of pharmacy chain SIA “Latvijas aptieka” owned by AS „Olainfarm” in April of 2014 were 1.26 million euro, and 53 pharmacies were operating during this period.  Sales of SIA “Silvanols” in April 2014 were .27 million euro.

During the first four months of 2014 according to preliminary results sales of AS “Olainfarm” were 32.85 million euro, which represents an increase by 42% compared to the same period of 2013. The most rapid sales increases were achieved in Ukraine, where sales grew by 281%, sales to The Netherlands grew by 201%, while sales to Lithuania grew by 165%.  Major sales markets of AS “Olainfarm” during four months of 2014 were Russia, Latvia, Ukraine and Belarus. In total during four months of 2014 sales have been made to 34 countries on 5 continents.  

Sales of pharmacy chain SIA “Latvijas aptieka”, owned by AS „Olainfarm” in four months were 5.1 million euro.  Sales of SIA “Silvanols” during this period were 1.13 million euro.

According to preliminary unconsolidated results, the sales of AS „Olainfarm” in April 2014 were 8.44 million euro, which represents an increase by 85% compared to the same period one year ago.  The biggest sales increases were achieved in Ukraine, where sales grew by 13708%, sales to Georgia grew by 716%, sales to Tajikistan grew by 647%, sales to Lithuania grew by 361%, but sales to Russia grew by 130%.  Major sales markets of AS „Olainfarm” in April 2014 were Russia, Ukraine, Latvia and Belarus.  During Aprils 2014, products of AS „Olainfarm” were sold in 18 countries on two continents.

During four months of 2014, according to preliminary results, unconsolidated sales of AS “Olainfarm” were 28.41 million euro, which represents an increase by 43% compared to the same period of 2013.  The most rapid sales increases were achieved in Ukraine and The Netherlands, where sales grew by 281% and 201% respectively.  Sales to Tajikistan grew by 119%.  According to preliminary unconsolidated results the major sales markets of AS “Olainfarm” in four months of 2104 were Russia, Ukraine, Latvia and Belarus.  In total during four months of 2014 products of AS „Olainfarm” were sold in 32 countries on 5 continents.