Olaine, June 15, 2012
Sales of “Olainfarm” in May Increase by 8%
Preliminary consolidated sales results of AS “Olainfarm” for May
show that sales have increased to 3.18 million lats
(4.53 million euro) which is by 8% more compared to the same period
one year ago. Biggest sales increases were achieved in
Kyrgyzstan - by 276%, Latvia – by 257%, Azerbaijan – by 121% and
Belarus by 113%. Major sales markets of AS “Olainfarm” in
May of 2012 were Russia, Latvia, Ukraine, Belarus, Kazakhstan and
the UK.
May 2012,
consolidated results Changes to May 2011 Share in total
sales
Russia 8% 35%
Latvia 257% 22%
Ukraine -59% 14%
Belarus 113% 9%
Kazakhstan 14% 7%
UK NA 6%
Azerbaijan 121% 1%
Canada NA 1%
Kyrgyzstan 276% 1%
Uzbekistan -79% 1%
Other -44% 3%
Total 8% 100%
In five months of 2012 preliminary consolidates sales of AS
“Olainfarm” were 18.43 million lats (26.23 million euros),
which
is an increase by 27% compared to the sale period of 2011.
Impressive sales increases were achieved in US, where sales
increased 344 times, Taiwan and Latvia where sales grew fourfold.
Major sales markets of AS “Olainfarm” in five months of
2012 were Russia, Ukraine, Latvia, Belarus, UK and Kazakhstan.
5 months of 2012 -
consolidated results Changes to five months of 2011
Share in total sales
Russia 21% 36%
Ukraine 8% 20%
Latvia 315% 20%
Belarus -20% 6%
UK 25% 5%
Kazakhstan 11% 4%
Uzbekistan -30% 1%
Taiwan 311% 1%
USA 34367% 1%
Lithuania -25% 1%
Other -25% 6%
Total 27% 100%
Sales of pharmacies owned by AS “Olainfarm” in May 2012 were
0.53 million lats (0.75 million euro). In fine months of 2012
sales of these pharmacies were 2.64 million lats (3.77 million
euro).
According to preliminary data, unconsolidated sales of AS
“Olainfarm” in May 2012 were 2.68 million lats (3.82 million
euro).
This is a decrease by 9% compared to the same period a year ago.
Biggest sales increases were achieved in Kyrgyzstan -
by 276%, Azerbaijan – by 121% and Belarus by 113%. Major
markets of AS “Olainfarm” for unconsolidated sales in May 2012
were
Russia, Ukraine, Belarus, Latvia, Kazakhstan and the UK.
May 2012,
unconsolidated results Changes to May 2012 Share in
total sales
Russia 8% 41%
Ukraine -59% 16%
Belarus 113% 11%
Latvia 7% 8%
Kazakhstan 14% 8%
UK NA 7%
Azerbaijan 121% 2%
Canada NA 1%
Kyrgyzstan 276% 1%
Uzbekistan -79% 1%
Other -44% 4%
Total -9% 100%
In five months of 2012 preliminary unconsolidated sales of AS
“Olainfarm” were 15.89 million lats (22.60 million euro),
which is an increase by 9% compared to the same period of 2011.
Impressive sales increases were achieved in US, where sales
increased 344 times, Taiwan and Latvia where sales grew fourfold.
Major sales markets of AS “Olainfarm” in five months of
2012 were Russia, Ukraine, Latvia, Belarus, UK and Kazakhstan.
5 months of 2012,
unconsolidated results Changes to 5 months of 2011 Share
in total sales
Russia 21% 41%
Ukraine 8% 23%
Belarus -20% 7%
Latvia 22% 7%
UK 25% 6%
Kazakhstan 11% 5%
Uzbekistan -30% 1%
Taiwan 311% 1%
USA 34367% 1%
Lithuania -25% 1%
Other -25% 7%
Total 9% 100%
Sales forecasts of AS „Olainfarm” for 2012 provide that
unconsolidated sales of the company in 2012 will reach 40
million
lats (56.91 million euro), while the consolidated sales will be as
high as 47 million lats (66.9 million euro). According
to these preliminary unaudited unconsolidated results, during 5
months of 2012 nearly 40% of annual unconsolidated sales
target are met, while according to preliminary consolidated sales
results, during 5 months of 2012 39% of annual consolidated
sales target is achieved..
________________________________________ A/s Olainfarm is one of
the biggest pharmaceutical companies in Latvia with nearly
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
Cell: +371 2 6448
873
E-mail: slapinsh@olainfarm.lv
|