Issuer | Olainfarm, AS (213800WCG52W62ENOP27) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Document types | Financial Reports | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Language | EN | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Status | Cancelled | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Version | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Date Time | 2015-01-16 10:30:06 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Version commentary | Sales increase to Other markets corrected to 20% in consolidated sales for 2014 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Text |
Olaine
Sales
of „Olainfarm” Grew by 19% Last Year, „Silvanols” Restarts
Exporting to Kazakhstan.
According to preliminary consolidated sales results for December
2014, sales of the company have reached 7.82 million euros, which
represents an increase by 23% compared to the same period of
2013. The biggest sales increases were achieved in Poland,
where sales grew by 692%, Sales to Tajikistan grew by 211%, and
sales to Kyrgyzstan grew by 99%, while sales to Lithuania grew by
89%. During December 2014 AS „Olainfarm” also made
significant shipments to Belarus, The Netherlands, and Bulgaria,
and helped SIA „Silvanols” restart exporting to Kazakhstan.
Major sales markets of AS “Olainfarm” during December 2014 were
Russia, Ukraine, Latvia and Belarus.
Sales of pharmacy chain of SIA “Latvijas aptieka”, fully owned by
AS „Olainfarm” during December 2014 were 1.14 million euros and 57
pharmacies were operating during December. Sales of SIA
“Silvanols” in December 2014 were 0.42 million euros, and the
company was selling its products to 4 European countries and, with
assistance from AS „Olainfarm” to Belarus and Kazakhstan.
During 2014 according to preliminary consolidated sales figures,
sales of AS “Olainfarm” were 93.79 million euros, which represents
an increase by 19% compared to 2013. He most rapid sales increases
were achieved in Poland, where sales grew by 434%, and in The
Netherlands, where sales grew by 192%. The major sales
markets of AS “Olainfarm” in 2014 were Russia, Latvia, Ukraine and
Belarus.
During 2014 sales of pharmacy chain of SIA “Latvijas aptieka” fully
owned by AS „Olainfarm” were 14.9 million euro. Sales of SIA
Silvanols during 2014 were 3.5 million euro. SIA „Silvanols”
made its sales in eleven countries on two
continents.
According to unconsolidated sales results of AS “Olainfarm”, sales
in December 2014 were 7.62 million euros, which represents an
increase by 44% compared to the same period one year ago. The
major sales increases were achieved in Tajikistan, where sales grew
by 211%, Kyrgyzstan, where sales grew by 99% and Latvia, where
sales grew by 45. During December the company has also made
significant shipments to Belarus, The Netherlands, Bulgaria and
Poland. The major sales markets of AS “Olainfarm” during
December 2014 were Russia, Ukraine, Latvia and Belarus. During
December products of AS „Olainfarm” were sold to 20 countries on
two continents.
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