Third Quarter 2013 Investor Conference Webinar

On December 10 AS „Olainfarm” organized its third quarter 2013 Investor Conference Online Webinar for investors. During the webinar the member of the management board of AS „Olainfarm” Salvis Lapiņš analysed the financial results of third quarter of 2013 and adjusted financial prognoses for annual sales.

During the webinar Salvis Lapiņš reminded that in third quarter of 2013, Olainfarm has once again reached new turnover records, recovering sales in Ukraine and increasing pharmacies turnover. At the same time member of the management board indicated that sales in Ukraine on annual basis have decreased more than expected, therefore company has decided to adjust its previously published annual financial targets. Currently it is planned to reach annual consolidated sales of 52.8 M LVL, consolidated profit of 8.8 M LVL, unconsolidated sales of 45.4 M LVL and unconsolidated sales of 7.5 M LVL. 

The recorded “Olainfarm” webinar is available online: http://bit.ly/1kyc1nJ, and the presentation, demonstrated during the webinar, can be found in the previously published AS “Olainfarm” announcement: https://newsclient.omxgroup.com/cdsPublic/viewDisclosure.action?disclosureId=585466&messageId=724010.

Olainfarm thanks all participants, who joined the webinar, and encourages everybody to follow company’s announcements to get information on the next webinar!

Information prepared by:

Salvis Lapins
Member of the Board
A/s „Olainfarm”
Tel: +371 6 7013 717
Cell: +371 2 6448 873
E-mail: slapinsh@olainfarm.lv