Olaine, December 15, 2014

Sales of „Olainfarm” in Eleven Months Increase by 17%

According to preliminary consolidated results of AS “Olainfarm” for November of 2014, company’s sales have reached 6.75 million euro, which represents a reduction by 27% compared to the same period one year ago. The biggest sales increases were achieved in The Netherlands, where sales grew by 227%, and sales to Lithuania have grown by 94%, while sales to Uzbekistan have grown by 51%.  The major sales markets of AS “Olainfarm” in November 2014 were Russia, Latvia, The Netherlands and Belarus.

Sales of pharmacy chain of SIA „Latvijas Aptieka”, fully owned by AS “Olainfarm” during this period were 1.3 million euro, and the chain consisted of 57 operating pharmacies. Sales of SIA „Silvanols” in this period were 0.29 million euro, and the sales were made to four European companies.

According to preliminary consolidated figures, during eleven months of 2014, AS “Olainfarm” made sales worth 84.77 million euro, which represents an increase by 17% compared to the same period of 2013.  The most rapid sales increases during this period were achieved in Poland, where sales grew by 378%, sales to The Netherlands grew by 170% and sales to Lithuania grew by 56%.  The major sales markets of AS “Olainfarm” during 11 months of 2014 were Russia, Latvia, Ukraine and Belarus.

Sales of pharmacy chain of SIA „Latvijas Aptieka”, fully owned by AS “Olainfarm” during 11 months were 13.8 million euro. Sales of SIA „Silvanols” in 11 months period were 3.07 million euro, and the sales were made to ten European companies.

According to preliminary unconsolidated results of AS “Olainfarm” for November of 2014, company’s sales have reached 5.79 million euro, which represents a reduction by 13% compared to the same period one year ago. The biggest sales increases were achieved in The Netherlands, where sales grew by 227%, and sales to Lithuania have grown by 156%, while sales to Uzbekistan have grown by 51%.  Sales to Latvia have grown by 36%.    The major sales markets of AS “Olainfarm” in November 2014 were Russia, Latvia, The Netherlands and Belarus. In November 2014 AS „Olainfarm” made sales to 19 countries on 3 continents

According to preliminary unconsolidated figures, during eleven months of 2014, AS “Olainfarm” made sales worth 73.58 million euro, which represents an increase by 21% compared to the same period of 2013.  The most rapid sales increases during this period were achieved in Poland, where sales grew by 1013%, sales to The Netherlands grew by 170% and sales to Tajikistan grew by 58%.  Sales to Latvia grew by 34% According to preliminary unconsolidated sales figures, the major markets of AS “Olainfarm” during 11 months of 2014 were Russia, Ukraine, Latvia and Belarus. During eleven months of 2014 the sales were made to 35 countries on five continents

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