“Olainfarm’s” sales in November increase by 71%

15/12/2011

Preliminary sales results of AS “Olainfarm” for November show that sales have increased by 71% compared to the same period a year ago and have reached 3.68 million lats (5.24 million euro). The biggest sales increases were achieved in Bulgaria, where sales increased 24 times, Georgia, where sales increased 17 times, Kazakhstan, where they grew by 194%, Belarus by 122%, Ukraine by 111% and Azerbaijan by 89%. The major sales markets of AS “Olainfarm” in November 2011 were Russia, Ukraine, Belarus, Kazakhstan and Latvia. During November 2011 significant shipments were also made to the USA.

November 2011 Share in total sales Changes to November 2010
Russia 39% 46%
Ukraine 29% 111%
Belarus 10% 122%
Kazakhstan 7% 194%
Latvia 5% -6%
USA 2% NA
Bulgaria 2% 2283%
UK 1% -10%
Azerbaijan 1% 89%
Georgia 1% 1569%
Other 3% -19%
Total 100% 71%

Preliminary sales of AS “Olainfarm” during 11 months of 2011 were 33.61 million lats (47.82 million euro), which represents an increase by 45% compared to the same period of 2010. The most rapid sales increases were experienced in the Netherlands, where during 11 months of this year sales increased 18 times, Ukraine, where they increased by 139%, Latvia by 35%, Kazakhstan by 32%, Belarus by 25% and The UK, where sales grew by 23%. Major sales markets of AS “Olainfarm” during 11 months of 2011 were Russia, Ukraine, Belarus, Latvia and Kazakhstan.

11 months of 2011 Share in total sales Changes to 11 months of 2010
Russia 38% 18%
Ukraine 27% 139%
Belarus 8% 25%
Latvia 6% 35%
Kazakhstan 5% 32%
UK 3% 23%
The Netherlands 2% 1710%
Uzbekistan 1% 21%
Georgia 1% -36%
Lithuania 1% 13%
Other 8% 68%
Total 100% 45%

On November 16, 2011 Management Board of AS “Olainfarm” revised sales and profit forecast for 2011, and set the new sales forecast for 2011 at 35 million lats (49.8 million euros), and the new profit forecast at 6.3 million lats (8.96 million euro). According to these preliminary sales figures, during eleven months of 2011 96% of revised annual sales target were met.

AS „Olainfarm“ ir viens no lielākajiem uzņēmumiem Baltijas valstīs ar gandrīz 40 gadu pieredzi medikamentu un ķīmiski farmaceitisko produktu ražošanā. Kompānijas darbības pamatprincips ir ražot uzticamus un efektīvus augstākās kvalitātes produktus Latvijaiun visai pasaulei. Šobrīd AS „Olainfarm“ produkcija tiek eksportēta uz vairāk nekā 30 pasaules valstīm, tostarp Baltijas valstīm, Krieviju, citām NVS valstīm, Eiropu, Ziemeļameriku, Āzijas valstīm un Austrāliju.

Papildu informācija:

Salvis Lapiņš

AS „Olainfarm“ valdes loceklis

mob. tālr. +37126448873

e-pasts: slapinsh@olainfarm.lv