Emitents | Olainfarm, AS (213800WCG52W62ENOP27) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Teksts |
Olaine, July 14, 2011
CORRECTED: Sales of “Olainfarm” grow by 27% in
June
Preliminary sales figures of AS “Olainfarm” for June
2011 show that sales of the company in June have increased by 27%,
compared to this period last year and totalled 3.15 million lats
(4.48 million euros). The most rapid sales growth has been
experienced in Spain, where sales grew 111 times, in Uzbekistan,
where sales grew by 233% and in Russia where sales in up by
98%. The major sales markets of AS “Olainfarm” in June 2011
were Russia, Ukraine, The Netherlands, Kazakhstan and
Latvia.
Preliminary sales of AS “Olainfarm” for six months of
2011 are 17.97 million lats (25.57 million euros), which represents
an increase by 43% compared to first six months of 2010. During the
first six months of this year the biggest growth was seen in
Canada, where sales have increased 36 fold, The Netherlands, where
sales have grown 9 times, Uzbekistan by 134%, Ukraine by 118%, UK
by 100% and Latvia by 49. The main sales markets of AS
“Olainfarm” during first six months of 2011 are Russia, Ukraine,
Belarus, Latvia, Kazakhstan and the UK.
Operating plan and budget of AS “Olainfarm” for 2011
provides that company plans the sales of 29.4 million lats (41.8
million euros) and the net profit of 5.1 million lats (7.3 million
Euro). According to these preliminary figures 61% of sales planned
for the entire year were made during the first six months of
2011.
Few shipments made to Ukraine were mistakenly not
included in the 6 months sales summary published earlier and that
influenced the total sales figures for 6 months, overall sales
increase figures, sales increase to Ukraine, Ukraine’s share in
total sales and the percentage by which the annual target sales are
met.
The Company apologises for any
inconveniences.
A/s Olainfarm is one of the biggest pharmaceutical
companies in Latvia with nearly 40 years of experience in
production of medication and chemical and pharmaceutical products.
A basic principle of company's operations is to produce reliable
and effective top quality products for Latvia and the rest of the
world. Products made by the Group are being exported to more than
30 countries of the world, including the Baltics, Russia, other
CIS, Europe, Asia, North America and Australia.
Information prepared by:
Salvis
Lapins
Member
of the Board
A/s
„Olainfarm”
Tel:
+371 6 7013 717
Cell:
+371 2 6448 873
E-mail:
slapinsh@olainfarm.lv
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