Olaine

Sales of Olainfarm in Ten Months Exceed 81 Million Euro

Preliminary consolidated sales results of AS Olainfarm for October 2015 show that sales during this months have reached 8.38 million euros, which represents an increase by 1% compared to the same period of 2014.  The biggest sales increase was achieved in Ukraine, where sales grew by 9094%.  Sales to Switzerland grew by 572%, while sales to Kazakhstan grew by 100%.  During October 2015 significant shipments were also made to Brazil. Major sales markets of  AS Olainfarm during October 2015 were Russia, Latvia, Ukraine, Belarus and Kazakhstan.

Sales of pharmacy chain of SIA “Latvijas Aptieka”, fully owned by AS Olainfarm, were 1.6 million euros in October.  This represents an increase by 8%, compared to October 2014.  59 pharmacies were operating during this period.  Sales of SIA Silvanols during October 2015 were 0.39 million euros, which represents a reduction by 3% compared to the same period one year ago.  Silvanols sold its products to four European countries directly and to Belarus and Azerbaijan via system of Olainfarm.

According to preliminary consolidated results for ten months of 2015, sales of AS “Olainfarm” have reached 81.42 million euros, which represents an increase by 4% compared to the same period of 2014.  The most rapid sales increase was achieved in The Netherlands, where sales grew by 181%.  Major sales markets of AS Olainfarm during this period were Russia Ukraine, Latvia, Belarus and The Netherlands.

Sales of chain of pharmacies of SIA Latvijas Aptieka during ten months of 2015 were 13.8 million euros, which represents an increase by 10% compared to ten months of 2014.  Sales of SIA Silvanols in ten months were 3.3 million euros, this represents an increase by 19% compared to same period of 2014, when it made sales of 2.78 million euros.  During this period SIA Silvanols sold its products to 13 countries in two continents, and via system of Olainfarm to Belarus, Azerbaijan and Kazakhstan.

According to preliminary unconsolidated results, sales of AS Olainfarm during October 2015 were 7.24 million euros, which represents an increase by 7% compared to the same period of 2014.  The biggest sales increase was achieved in Poland, where sales grew by 173 513%. Sales to Ukraine grew by 9094%, sales to Switzerland grew by 572%, but sales to Kazakhstan grew by 100%.  During this period significant shipments were also made to Brazil.  Major sales markets of AS Olainfarm during October 2015 were Russia, Ukraine, Latvia, Belarus and Kazakhstan.  During October 2015, Olainfarm sold its products to 24 countries on three continents.

According to preliminary unconsolidated results for ten months of 2015, sales of AS Olainfarm were 71.49 million euros, which represents an increase by 5% compared to the same period one year ago.   The most rapid sales increase during this period was achieved in The Netherlands, where sales grew by 181%.  Sales to Turkmenistan grew by 35%, sales to Tajikistan and Latvia grew by 28%.  According to preliminary unconsolidated results, major sales markets of AS Olainfarm in ten months of 2015 were Russia, Ukraine, Latvia, Belarus and The Netherlands In total during this ten months period products of AS Olainfarm were sold to 42 countries on five continents