First Quarter 2012 Investor Conference Webinar
On June 7 AS „Olainfarm” organized its first quarter 2012
Investor Conference Online Webinar for investors. During the
webinar the member of the management board of AS „Olainfarm” Salvis
Lapiņš analysed the financial results of first quarter
2012 and informed about the company’s future perspectives.
As Salvis Lapiņš informed during the webinar, AS “Olainfarm”
currently owns 36 different pharmacy stores, but during the
next
year it is planned to increase the number to 50-60 pharmacies.
According to Salvis Lapiņš, it is soon planned to rebrand the
acquired pharmacies uniting them under the name “LV
aptieka”.
Also, it was noted that on May 31, 2012 the registration of
“Olvazol” capsules was finished in Ukraine.
Answering the questions sent in by the investors, Salvis Lapiņš
informed that the retained profit of the year 2011 will be
invested in company’s development – purchase of equipment and
renovation of AS “Olainfarm” premises in order to ensure
thermal efficiency, as well as in workforce and 2 million lats
(2.85 million EUR) in purchases of new pharmacy stores.
The recorded Olainfarm webinar is available online:
http://ej.uz/olf3ieraksts, and the presentation, demonstrated
during the
webinar, is attached to this announcement.
Olainfarm thanks all participants, who joined the webinar, and
encourages everybody to follow company’s announcements to get
information on the next webinar!
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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