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JSC "Valmieras stikla šķiedra” unaudited financial report for 3 months, 2013
Emitents Valmieras stikla šķiedra, AS (5493006XWNR6BLL15O35)
Veids Finanšu pārskati
Valoda EN
Statuss Publicēts
Versija
Datums 2013-04-25 08:44:40
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Teksts
The sales volume of JSC “Valmieras stikla šķiedra” grows
 
The unaudited financial report of JSC “Valmieras stikla šķiedra” shows – the sales volume in three months of 2013 has reached LVL 14.02 Million (EUR 19.95 Mill.). It’s for LVL 1.94 Million (EUR 2.76 Mill.) or 16% more as at the same period of 2012. The net profit of the company has reached LVL 0.83 Millions (EUR 1.18 Mill.) or 17% more as first quarter of 2012 and overfills the budget for 70%.The export rate of the company has reached LVL 13.46 Million (EUR 19.15 Mill.), exporting 96% of the production to 36 countries in the world. The sales volume, comparing the first quarter of 2013 to budget, is for 11% overfilled. The evaluation of company’s 1st quarter economic indicators shows they are the best since the foundation of joint-stock company.
 
Also at the first quarter of 2013 strengthened the JSC “Valmieras stikla šķiedra” its position in the market and let the turnover grow. The main export markets are still steady: European Union (73%), USA, Japan, India and Russia. The sales volume in the three months of 2013 in comparison to the same period of 2012 has grown in markets of European Union (the growth of 12%), USA and Canada (the growth of 43%), Russia and Ukraine (for 12%). In other countries (including Swiss, Japan, India, Croatia etc.) the sales volume is stable. The range of customers is getting larger, particularly in USA and in export markets of East regions.
 
Analysing the segments of products, the growth of the sales volume has been recognized for the products with high added value: products with higher SiO2 content, nettings, technical fabrics and mats.
 
Significant for JSC “Valmieras stikla šķiedra” was the January 2013 as the record turnover for one month was reached – LVL 5.17 Million (7.36 mil. EUR). It’s for 29% more as in January 2012 and the budget for January 2013 is for 47% overfilled. This is an important growth because the winter is the less active period in the market.
 
Andris Oskars Brutāns, the Chairman of the board of JSC “Valmieras stikla šķiedra”, says: “We enjoy the results of the first quarter. We work active for reaching better business results. We constantly think about development, growth and modernization because it’s important for keeping our place in the market. We are proud of the new, third glass melting furnace that ensures the growth of fiberglass production capacity and quality. This year we will realize a project, buying new machines with the aim to modernize the old technological solutions and to develop new products. We are realizing the investment program in the amount of 7.1 Million (EUR 10.1 Million).”

 

 

Contacts:
Marika Nīmante
JSC „Valmieras stikla šķiedra” marketing project manager
Phone: 64202276, 26635509
Fax: 64281216
Pielikumi
Finansu_parskats_neauditets_Q1_2013_EN.pdf (571.08 kB)