Sales of OlainFarm Grow by 13% in August

Preliminary consolidated results of AS “OlainFarm” for August 2013 show that the sales have reached 4.39 million lats (6.25 million euro), which is by 13% more than during the same period last year.  The biggest sales increases were achieved in Georgia, where sales grew 48 times, sales to Belarus grew by 424%, sales to Kyrgyzstan grew by 81%, and sales to Moldova 40%.  Major sales markets of AS “OlainFarm”in August 2013 were Russia, Latvia, Ukraine and Belarus.

During eight months of 2013 preliminary consolidated sales volume of AS “OlainFarm” reached 32.47 million lats (46.2 million euro) which represents an increase by 6% compared to the same period of 2012. The most rapid sales increases during this period were observed in The Netherlands, where sales grew by 2636%, Kyrgyzstan, where sales grew by 62% and Belarus, where sales grew by 61%.  Major sales markets of AS “OlainFarm” in eight months of 2013 are Russia, Latvia, Belarus and Ukraine.

Sales of pharmacies owned by AS “OlainFarm” during August 2013 were 0.74 million lats (1.05 million euro).  In eight months these pharmacies had a total sales of 6.04 million lats (8.6 million euro).

According to preliminary unconsolidated results, sales of AS “OlainFarm” during August 2013 were 3.81 million lats (5.42 million euro), which represents an increase by 14% compared to the same period of 2012. The most rapid sales increases were achieved in georgia, where sales grew by 4832%, Belarus, where sales grew by 424% and Kyrguzstan, where sales grew by 81%.  According to unconsolidated results the major sales markets of AS “OlainFarm” during August 2013 were Russia, Ukraine, Belarus and Latvia.

According to preliminary results, the unconsolidated sales of AS “OlainFarm” in eight months of 2013 were 27.84 million lats (39.61 million euro), which represents an increase by 5% compares to the same period of 2012.  The most rapid sales increases during eight months of this year have been achieved in The Netherlands and in Latvia, where sales increased by 2636% and 79% respectively.  According to preliminary unconsolidated reaults, the major sales markets of AS “OlainFarm” in eight months of 2013 were Russia, Latvia, Belarus, Ukraine and Kazakhstan.