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Sales of Olainfarm in 11 Months Reach 99.87 Million
Emitents Olainfarm, AS (213800WCG52W62ENOP27)
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Datums 2016-12-15 01:06:46
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Sales of Olainfarm in 11 Months Reach 99.87 Million

 

According to preliminary consolidated results of AS Olainfarm for November 2016, sales of the company were 11.18 million euros, which represents an increase by 20% compared to the same period one year ago.  The biggest sales increase was achieved in Georgia, where sales grew by 3564%.  Sales to Tajikistan grew by 295%, sales to Kazakhstan grew by 191%, sales to Lithuania grew by 126% but sales to Poland grew by 101%.  During November 2016, significant shipments were also made to Czech Republic.  The biggest sales markets during this period were Russia, Latvia and Kazakhstan.

November 2016, consolidated sales

Sales, thsnd. EUR

Changes to November 2015

Share in total sales

Russia

5 309

48%

47%

Latvia

2 527

24%

23%

Kazakhstan

546

191%

5%

Ukraine

499

-74%

4%

Belarus

457

59%

4%

Tajikistan

339

295%

3%

Poland

217

101%

2%

Georgia

177

3564%

2%

Lithuania

163

126%

1%

Czech Rep.

134

NA

1%

Other

815

-21%

7%

Total

11 183

20%

100%

 

Sales of SIA Latvijas Aptieka in November were 1.61 million euros, which represents an increase by 11% compared to similar period one year ago.  Sixty-four pharmacies were operating during this period. Sales of SIA Silvanols during November 2016 were 0.64 million euros, which represents an increase by 10% compared to November 2015.  During November, SIA Silvanols made its sales in eight European countries and with assistance of AS Olainfarm also to Albania, Kosovo, Belarus and Azerbaijan.  Sales of SIA “Tonus Elast” during November were 0.78 million euros, and the sales were made to 17 countries in three continents.

 

According to preliminary numbers, sales of AS Olainfarm in 11 months were 99.78 million euros, which represents an increase by 11% compared to eleven months of 2015.  The most rapid sales growth during this period was achieved in Uzbekistan where sales grew by 81%. Sales to Kazakhstan grew by 27%, Sales to the UK grew by 26% and sales to Lithuania grew by 23%.  The biggest sales markets during this period were Russia, Latvia, Ukraine and Belarus.

 

11 months of 2016, consolidated sales

Sales, thsnd. EUR

Changes to 11 months of 2015

Share in total sales

Russia

32 508

7%

33%

Latvia

24 066

15%

24%

Ukraine

13 761

10%

14%

Belarus

7 320

18%

7%

Kazakhstan

2 909

27%

3%

Uzbekistan

2 207

81%

2%

The Netherlands

2 004

-61%

2%

UK

1 973

26%

2%

Poland

1 315

12%

1%

Lithuania

1 217

23%

1%

Other

10 594

34%

11%

Total

99 874

11%

100%

 

Sales of SIA Latvijas aptieka in 11 months were 17.1 million euros, which represents an increase by 12% compared to similar period one year ago.  Sales of SIA Silvanols during eleven months were 4.9 million euros, which represents an increase by 26% compared to 11 months of 2015, when Silvanols’ sales were 3.9 million euros.   During 11 months, SIA Silvanols made its sales in fourteen countries in Europe and Asia and with assistance of AS Olainfarm also to Albania, Kosovo, Belarus, Kazakhstan, Lithuania, Russia and Azerbaijan.  Sales of SIA “Tonus Elast” during six months were 4.3 million euros, and the sales were made to 31 countries in four continents.

 

According to preliminary unconsolidated results for November 2016, sales of Olainfarm were 9.07 million euros, which represents an increase by 12% compared to the same period of 2015. The biggest sales increase was achieved in Georgia, where sales grew by 2415%. Sales to Tajikistan grew by 295%m sales to Kazakhstan grew by 159% but sales to Lithuania grew by 144%. During November AS Olainfarm also made significant shipments to Poland, Major sales markets during this period were Russia, Latvia, Ukraine, Kazakhstan and Belarus During November 2016 AS Olainfarm made its sales in 32 countries in three continents, for the first time shipments were also made to Palestinian Territories

November 2016, unconsolidated sales

Sales, thsnd. EUR

 

Changes to November 2015

Share in total sales

Russia

5 042

41%

56%

Latvia

1 259

20%

14%

Ukraine

478

-74%

5%

Kazakhstan

472

159%

5%

Belarus

457

59%

5%

Tajikistan

339

295%

4%

Lithuania

137

144%

2%

Uzbekistan

127

38%

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