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Sales of OlainFarm in May Reaches 3.38 Million Lats

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Olainfarm, AS (213800WCG52W62ENOP27)

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2013-06-17 17:59:17

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Company announcement

Olaine 17.06.2013

Sales of OlainFarm in May Reaches 3.38 Million Lats

Preliminary consolidated sales figures of AS “OlainFarm” for May show that sales have reached 3.38 million lats (4.8 million euro), which is 7% more than a year ago. The biggest sales increases were achieved in Kyrgyzstan (growth by 152%), Uzbekistan (growth by 111%) and Georgia (growth by 108%). Major sales markets of AS “OlainFarm” during May 2013 were Russia, Latvia and Belarus.

May 2013, consolidated results	Share in total sales	Changes to May 2012
Russia	41%	27%
Latvia	28%	33%
Belarus	11%	30%
Tajikistan	3%	NA
Kazakhstan	3%	-48%
The Netherlands	3%	NA
Kyrgyzstan	2%	152%
Uzbekistan	2%	111%
Georgia	1%	108%
Lithuania	1%	72%
Other	3%	-86%
Total	100%	7%

During the first five months of 2013 according to preliminary results total consolidated sales of AS “OlainFarm” were 19.68 million lats (28 million euro), which represents an increase by 7% compared to similar period of 2012. The most rapid sales increases were achieved in the Netherlands, where sales grew by 1982%, Spain, where sales grew by 233% and Tajikistan, where sales grew by 129%. Major sales markets of AS “OlainFarm” during the first five months of 2013 were Russia, Latvia, Belarus, Tajikistan and Kazakhstan.

5 months of 2013, consolidated results	Share in total sales	Changes to five months of 2012
Russia	42%	28%
Latvia	25%	35%
Belarus	9%	59%
Ukraine	4%	-77%
Kazakhstan	4%	-1%
UK	3%	-39%
The Netherlands	2%	1982%
Uzbekistan	2%	41%
Spain	1%	233%
Tajikistan	1%	129%
Other	7%	2%
Total	100%	7%

Sales of pharmacies owned by AS “OlainFarm” during May 2013 were 0,8 million lats (1.14 million euro). Sales of pharmacies during 5 months of 2013 were 3.83 million lats (5.45 million euro).

According to preliminary unconsolidated results of AS “OlainFarm”, sales made during May 2013 were 2.84 million lats (4.04 million euro). The most rapid sales increases were achieved in Kyrgyzstan (growth by 152%), Uzbekistan (growth by 111%) and un Georgia (growth by 108%). According to unconsolidated results the major sales markets of AS “OlainFarm” in May 2013 were Russia, Latvia, Belarus and Tajikistan.

May 2013, unconsolidated results	Share in total sales	Changes to May 2012
Russia	49%	27%
Latvia	15%	78%
Belarus	13%	30%
Tajikistan	4%	NA
Kazakhstan	4%	-48%
The Netherlands	4%	NA
Kyrgyzstan	3%	152%
Uzbekistan	2%	111%
Georgia	1%	108%
Lithuania	1%	72%
Other	4%	-86%
Total	100%	6%

In 5 months of 2013 according to preliminary unconsolidated results the sales of AS “OlainFarm” have reached 16.85 million lats (23.98 million euro), which represents an increase by 6% compared to similar period of 2012. The most rapid sales increases during five months have been achieved in the Netherlands (growth by 1982%), and Spain (growth by 233%). According to preliminary unconsolidated results, the major sales markets of AS “OlainFarm” in five months of 2013.gada were Russia, Latvia, Belarus, Ukraine and Kazakhstan.

Five months of 2013, unconsolidated results	Share in total sales	Changes to five months of 2012
Russia	50%	28%
Latvia	12%	93%
Belarus	11%	59%
Ukraine	5%	-77%
Kazakhstan	5%	-1%
UK	3%	-39%
The Netherlands	2%	1982%
Uzbekistan	2%	41%
Spain	1%	233%
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