OREANDA-NEWS. February 19, 2010. RG Brands (Almaty), securities of which are present in Kazakhstan Stock Exchange (KASE) official list, provided to KASE the following press release, reported the press-centre of KASE:

In 2009 the company revenue made up KZT22.9 bn - by 6.38% less than in 2008. The gross margin increased by 5.8% and made up 34% APR. The basic growth was achieved in the fourth quarter of 2009, when this indicator showed sales efficiency achieved 39.5%.

Despite the consumer demand decrease in Kazakhstan and Central Asia, RG Brands succeeded to retain the EBITDA margin at the same level - 14%. Moreover, in 2009 quarter 4 this profitability indicator increased in comparison with 2008 quarter 4 by 38.45% and made up 19.34% (or KZT3,189 bn).

The snap devaluation resulted in the negative reassessment of the long-term debt in a foreign currency. This is reflected in losses from the rate difference in the size of KZT3.8 bn. However, given the strengthening of tenge against euro and dollar, these losses are recovering. Thus, by results of 2009 quarter 4 the income from the rate difference made up KZT97 m.

In 2009, RG Brands launched the largest in Central Asia production and logistics center Aksengir and the economic effect has already been received as transportation and logistics costs, improvement of the production and efficiency and the ready product cost value have significantly decreased.

The construction completion and launching of the production and logistics center Aksengir allowed RG Brands generating the positive net funds flow after capital costs in the size of KZT1.4 bn (in 2008 the net income made up KZT2 bn).

Sales of own brands, which in the structure of RG Brands make up 75% from the total revenue, increased by 3.5% and made up 10.1 m cases.