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Sales of Olainfarm in 9 months of 2008
Emitents Olainfarm, AS (213800WCG52W62ENOP27)
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Datums 2008-10-22 13:25:47
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Sales of Olainfarm in 9 months of 2008
 
At the conference „CEO Meets Investors“, which will take place today, on October 22nd, 2008 in Riga Olainfarm will disclose so far unpublished information about the sales volumes on main markets of the company during 9 months of 2008 and comparison of these figures with the sales data for the entire year of 2007.
 
-         Sales to Ukraine during 9 months of 2008 amounted to 2.67 million Lats (3.8 million Euro), which is 103% of the sales to that country during 12 months of 2007. Total sales to Ukraine in 2007 were 2.6 million Lats (3.7 million Euro).
 
-         Sales to Belarus during 9 months of 2008 amounted to 1.35 million Lats (1.92 million Euro), which constitutes 95% of the sales made to that country during 12 months of 2007.  Total sales to Belarus in 2007 were 1.42 million Lats (2.02 million Euro).
 
-         Sales to Russia during 9 months of 2008 amounted to 5.28 million Lats (7.51 million Euro), which constitutes 99% of the sales made to Russia during 12 months of 2007.  Total sales to Russian market in 2007 were 5.33 million Lats (7.58 million Euro).
 
Total unconsolidated sales of Olainfarm in 9 months of 2008 are 15.03 million Lats (21.39 million Euro), which constitutes 85% of the 12 months sales of 2007. Total unconsolidated sales of Olainfarm in 2007 were 17.68 million Lats (25.16 million Euro) .
 
Information prepared by
Salvis Lapins
JSC "Olainfarm"
Deputy CFO
tel. +371 6 7013717, + 371  2 6448873
fax. + 371 6 7013777
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