Sales of Olainfarm in August Were 6.76 Million

Preliminary consolidated results of AS Olainfarm for august 2016 show that sales of the company were 6.76 million euros, which represents an increase by 1% compared to the same period of 2015.  The biggest sales increase was achieved in Czech Republic, where sales grew by 1866%. Sales to Ukraine grew by 182% while sales to Uzbekistan grew by 147%. During August 2016, AS Olainfarm also made significant shipments to Brazil, and Germany.  The major sales markets in August were Latvia, Russia, Ukraine and Belarus.

Sales of pharmacy chain of SIA Latvijas aptieka in August were 1.47 million euro, which represents an increase by 18% compared to the same period of last year.  Sixty two pharmacies were operating during august 2016.  Sales of SIA Silvanols during August 2016 were 0.36 million euro, which represents an increase by 57% compared to August of 2015. SIA Silvanols was selling its products in six European countries and with the help of AS Olainfarm also to Lithuania, Azerbaijan and Russia. Sales of SIA Tonus Elast during August 2016 were 0.76 million euros.  The company sold its products to 23 countries in four continents.

According to preliminary consolidated numbers, the amount of sales of AS Olainfarm in eight monthf of 2016 was 70.35 million euro, which represents an increase by 8% compared to eight months of 2015. The biggest sales increase was achieved in Uzbekistan, where sales grew by 112%.  Sales to Poland increased by 75%, while sales to Ukraine increased by 51%.  The major sales markets in eight months were Russia, Latvia, Ukraine and Belarus.

Sales of pharmacy chain of SIA Latvijas aptieka in eight months was 12.3 million euros, which is an increase by 14% compared to eight months of 2015. Sales of SIA Silvanols in eight months of 2016 were 3.1 million euros, which represents an increase by 29%, as last year during this period sales of SIA Silvanols were 2.4 million euros. Products of SIA Silvanols during this period were sold to eleven European countries and with a help of AS Olainfarm also to Albania, Kosovo, Azerbaijan, Kazakhstan, Belarus and Russia. Sales of SIA Tonus Elast in three months was 2.1 million euros.  Its products were sold to 28 countries in four continents.

According to preliminary unconsolidated data, sales of AS Olainfarm during August 2016 were 4.94 million euros, which represents a reduction by 16% compared to sales made during August of 2015.  The biggest sales increase was achieved in Ukraine, where sales grew by 182%, while sales to Uzbekistan grew by 147%.  Major sales markets of AS Olainfarm during August 2016 were Russia, Latvia, Ukraine and Belarus.  During August 2016, products of AS Olainfarm were sold to 25 countries in three continents.