| Emitents | Olainfarm, AS (213800WCG52W62ENOP27) |
| Veids | Citi |
| Valoda | EN |
| Statuss | Publicēts |
| Versija | |
| Datums | 2010-04-15 15:59:49 |
| Versijas komentārs | |
| Teksts |
Olaine, April 15, 2010
“Olainfarm” forecasts 10% sales
growth
Report of the Management Board prepared for company’s AGM
shows that this year “Olainfarm” plans to achieve 10% increase in
sales and 15% increase in profits.
According to draft resolutions prepared by Olainfarm’s Board
for an AGM, sales of Olainfarm for 2010 have been carefully
forecast at 24.5 million lats (34.9 million EUR), while the profit
has been forecast at 2.7 million lats (3.8 million EUR).
“When planning the operations for this year, the Board of the
company has been rather careful. Although we have done a good
home-work to increase the volume of exports, many of our markets
still have not fully regained their stability. Therefore we
are offering our shareholders these figures, which we think are
conservative,” says Salvis Lapins, member of Olainfarm’s
Board.
Annual General Meeting of Shareholders of „Olainfarm” will
take place on April 29, 2010.
As previously reported, unaudited profit and loss statement of
Olainfarm for 2009 shows that the sales of the company reached 22.4
million lats (32 million EUR). During 2009 the sales grew
particularly strongly in markets where strong marketing effort was
made. Sales to Russia grew by 33%, to Belarus by 10%,
Kazakhstan and Azerbaijan both grew by 65%. Ukraine has become
the second biggest market for the company as about 14% of
company's sales were made there.
AS „Olainfarm“ is one of the largest companies in
Baltic countries with nearly 40 years of experience in production
of medicines and chemical and pharmaceutical products. The key
principle of company's operations is to produce reliable and
effective top quality products for Latvia and the rest of the
world. Currently products of “Olainfarm” are being exported to
more than 30 countries worldwide, including the Baltics, Russia,
other CIS, Europe, North America, Asia, Australia
Information prepared by
Salvis Lapins
JSC "Olainfarm"
Member of the Board
tel. +371 6 7013717,
cell: + 371 2 6448873
fax. + 371 6 7013777
|
| Pielikumi |
|