Olaine, November 15, 2012
Sales of “Olainfarm” in October Increase by 99%
Preliminary figures on consolidated sales of AS “Olainfarm”
during October 2012 show that sales have increased by 99%
compared to the same period a year ago and have reached 6.01
million lats (8.55 million euros). The biggest sales
increases
were achieved in Latvia (by 358%) and Ukraine (by 285%).
Major sales markets of AS “Olainfarm” during October 2012
were
Russia, Ukraine, Latvia and the UK.
October 2012, consolidated sales Share in total sales
Changes to October 2011
Russia 34% 70%
Ukraine 27% 285%
Latvia 16% 358%
UK 6% 100%
Kazakhstan 4% 72%
Belarus 4% -23%
Uzbekistan 3% NA
Georgia 1% 56%
Bulgaria 1% 113%
Tajikistan 1% 134%
Other 3% -60%
Total 100% 99%
In ten months of 2012, according to preliminary consolidated
results sales of AS “Olainfarm” were 41.08 million lats (58.45
million euros) which represents an increase by 37% compared to the
same period of 2011. The most rapid sales increases
were
achieved in Taiwan, where sales grew 9 times, sales to Latvia grew
fourfold, sales to the UK doubled, and sales to Uzbekistan
grew by 36%, while sales to Russia grew by 34%. Major sales
markets of AS “Olainfarm” during 10 months of 2012 were Russia,
Ukraine, Latvia, Belarus, the UK and Kazakhstan.
10 months of 2012, consolidated sales Share in total sales
Changes to 10 months of 2011
Russia 37% 34%
Ukraine 21% 6%
Latvia 19% 317%
Belarus 5% -13%
UK 5% 100%
Kazakhstan 4% 13%
Uzbekistan 2% 36%
Taiwan 1% 825%
Georgia 1% 5%
Lithuania 1% 3%
Other 6% -15%
Total 100% 37%
Sales of pharmacies owned by AS “Olainfarm” during October were 0.7
million lats (.99 million euros). In ten months of 2012
sales of pharmacies owned by AS “Olainfarm” were 5.82
million lats (8.28 million euros).
According to unconsolidated sales figures of AS “Olainfarm”, its
sales in October 2012 were 5.44 million lats (7.74 million
euros), which is an increase by 80% compared to the same period one
year ago. The most rapid sales increases were achieved
in Ukraine (by 285%), Tajikistan (by 134%), Bulgaria (by 113%), the
UK (by 100%), Latvia (by 85%), Kazakhstan (by 72%) and
Russia, where sales grew by 70%. According to unconsolidated
results, major sales markets of AS “Olainfarm” in October 2012
were Russia, Ukraine, Latvia and the UK.
October 2012, unconsolidated sales Share in total sales
Changes to October 2011
Russia 37% 70%
Ukraine 30% 285%
Latvia 7% 85%
UK 7% 100%
Kazakhstan 4% 72%
Belarus 4% -23%
Uzbekistan 3% NA
Georgia 1% 56%
Bulgaria 1% 113%
Tajikistan 1% 134%
Other 4% -60%
Total 100% 80%
In ten months of 2012 according to preliminary results the sales of
AS “Olainfarm” were 35.81 million lats (50.95 million
euros), this represents an increase by 20% compared to the same
period of 2011. The most rapid sales increase during ten
months of this year were achieved in Taiwan, where sales increased
9 times, and the UK, where sales doubled. According to
preliminary unconsolidated results major sales markets of AS
“Olainfarm” in ten months of 2012 were Russia, Ukraine,
Belarus,
the UK and Kazakhstan.
10 months of 2012, unconsolidated results Share in total
sales Changes to 10 months of 2011
Russia 42% 34%
Ukraine 24% 6%
Latvia 7% 31%
Belarus 6% -13%
UK 5% 100%
Kazakhstan 4% 13%
Uzbekistan 2% 36%
Taiwan 1% 825%
Georgia 1% 5%
Lithuania 1% 3%
Other 7% -15%
Total 100% 20%
Sales forecasts of AS „Olainfarm” for 2012.gada provide that
unconsolidated sales in 2012 will reach 40 million lats (56.91
million euro), but consolidated sales will reach 48 million lats
(68.3 million euro). According to these preliminary
unconsolidated sales figures, in ten months of 2012 nearly 90% of
annual target for unconsolidated sales and nearly 86% of
annual target for consolidated sales have been achieved.
________________________________________ A/s Olainfarm is one of
the biggest pharmaceutical companies in Latvia with 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
e-mail: Salvis.Lapins@olainfarm.lv
|