OREANDA-NEWS. The unaudited consolidated turnover of Premia Foods increased in the 2nd quarter 2013 by 6.5%, i.e. 1.7 million euro, if compared to the 2nd quarter 2012, reaching to 27.8 million euro. The unaudited consolidated turnover of 6 months 2013 was 46 million euro, having increased 7% per year, i.e. by 2.8 million euro.

In the summary of 6 months 2013, the turnover of Premia Foods increased in all business segments and target markets. The greatest contribution into the turnover growth was generated in the ice cream business segment, the turnover of which increased by 1.3 million euro, i.e. 9%, if compared to the same period last year. The proportion of the turnover of the ice cream business segment of the total turnover of Premia Foods of 6 months 2013 was 34%.

The turnover of the ice cream business segment in the Baltics increased in the 2nd quarter 2013 by 1.2 million euro, i.e. 16.6%, if compared to the same period last year, and in the business segment in total by altogether 13.3%, i.e. 1.4 million euro. In the summary of 6 months, the turnover of this business segment increased by 1.3 million euro, i.e. 9%. The greatest monetary growth in the summary of 6 months 2013 was generated in Estonia where the turnover result exceeded the result of the same period 2012 by 0.6 million euro, i.e. 14%. Estonian market was followed by Latvia with its turnover growth of 0.4 million euro, i.e. 20%. The turnover growth of the ice cream business segment was driven by the successful launch of novelties and intensive marketing and sales campaigns, also the favourable weather conditions in the target markets in the end of May and in June gave their contribution into the turnover growth.

The turnover of the frozen goods business segment increased in the 2nd quarter 2013 by 6.1%, i.e. 0.4 million euro on yearly basis. In the summary of 6 months 2013, the increase of this business segment was 8%, i.e. 0.9 million euro on yearly basis. The turnover of frozen goods increased the most (i.e. by 0.5 million euro) in Lithuania, followed by Latvia with its 0.4 million euro growth. The proportion of the turnover of frozen goods in the first half a year of the total turnover of Premia Foods of 6 months 2013 was 26%.

The turnover of fish and fish products business segment decreased in the 2nd quarter 2013 by 3.2%, i.e. 0.3 million euro. The main reason for such quarterly turnover decrease was the decreased volume of sales campaigns driven by increased price of fish. In the summary of 6 months, the turnover of fish segment increased by 2%, i.e. 0.3 million euro on yearly basis. The proportion of the turnover of the fish and fish products business segment of the total turnover of Premia Foods during 6 months 2013 was 37%.

In the summary of 6 months 2013, the turnover has increased in all the target markets of Premia. The greatest increase has been achieved in Latvia where, if compared to the 6 months of 2012, the turnover has increased by 1 million euro. Latvia is followed by Estonia with the increase of 0.8 million euro and Lithuania with the increase of 0.7 million euro. The growth in turnover in the 2nd quarter has been achieved also in the Russian market where the growth in turnover in the summary of 6 months (if compared to the same period last year) was 2.3%, i.e. 0.1 million euro. The proportion of the Baltic states in the turnover of 6 months was 57%, having increased by 2 percentage points per year.