Olaine, September 15, 2014

Sales of „Olainfarm” in 8 Months Increase by 34%

According to preliminary consolidated sales results of AS “Olainfarm” for August 2014, company’s sales have reached 6.68 million euro, which represents an increase by 7% compared to the same period one year ago.  The biggest sales increases were achieved in Azerbaijan, where sales grew by 303%, while sales to Lithuania grew by 83%.  During August 2014 significant shipments have also been made to The Netherlands and Turkmenistan.  Major sales markets of AS “Olainfarm” in August 2014 were Russia, Latvia, Ukraine and Belarus.

SIA “Latvijas aptieka”, a pharmacy chain fully owned by AS „Olainfarm” in August 2014 made the monthly sales of 1.14 million euro.  54 pharmacies were operating during this period.  Sales of SIA „Silvanols” in August were 0.14 million euro.

In eight months of 2014 according to preliminary consolidated data, the sales of AS “Olainfarm” were 61.7 million euro, which represents an increase by 34% compared to the respective period of 2013.  The most rapid sales increases were achieved in Poland, where sales grew by 725%, sales to Ukraine grew by 170%, sales to The Netherlands grew by 135%, but sales to Lithuania grew by 83%.  The biggest sales markets of AS “Olainfarm” in eight months of 2014 were Russia, Latvia, Ukraine and Belarus.

SIA “Latvijas aptieka”, a pharmacy chain fully owned by AS „Olainfarm” in eight months of 2014 made the sales of 9.74 million euro.    Sales of SIA „Silvanols” in eight months were 1.9 million euro.

According to preliminary unconsolidated sales results of AS “Olainfarm” for August 2014, the sales during this month were worth 5.79 million euro, which represents an increase by 7% compared to the same period one year ago.  The biggest sales increases were achieved in Azerbaijan, where sales grew by 303%, while sales to Ukraine and Belarus grew by 27%.  Also during this period significant shipments have been made to The Netherlands and Turkmenistan.  The biggest markets of AS “Olainfarm” during august 2014 were Russia, Ukraine, Belarus and Latvia.  During August, 2014 AS „Olainfarm” made sales to 18 countries on 3 continents.

In eight months of 2014 according to preliminary unconsolidated data, the sales of AS “Olainfarm” were 53.76 million euro, which represents an increase by 36% compared to the respective period of 2013.  The most rapid sales increases were achieved in Poland, where sales grew by 11926%, sales to Ukraine grew by 170%, sales to The Netherlands grew by 135%, but sales to Tajikistan by 77%.  The biggest sales markets of AS “Olainfarm” in eight months of 2014 were Russia, Ukraine, Latvia and Belarus. In total during eight months of 2014, AS „Olainfarm” has made sales to 32 countries on five continents.