Sales of Olainfarm Grow by 24% in January

OREANDA-NEWS. Preliminary consolidated sales results of AS “Olainfarm” for January 2014, show that sales have reached 9.67 million euros, which is an increase by 24% compared to the same period one year ago. The biggest sales increases have been achieved in Georgia, where sales grew by 3496%, Spain, where sales grew by 843%, Italy, where sales grew by 321%, Lithuania, where sales grew by 126% and Latvia, where sales grew by 101%. Major sales markets of AS “Olainfarm” in January 2014 were Russia, Latvia, Ukraine, Belarus, The UK and The Netherlands. During January 2014 almost half a million euros worth of sales have also been made to The Netherlands.

Worth of sales have also been made to The Netherlands.

Sales of pharmacy chain of SIA “Latvijas aptieka” owned by AS 'Olainfarm” in January were 1.4 million euros. There were 54 pharmacies operating in January. Sales of SIA “Silvanols” in January were 0.29 million euros.

According to preliminary unconsolidated results of AS “Olainfarm” sales made in January were worth 8.43 million euros, which is an increase by 20% compared to the same period one year ago. The biggest sales increases were achieved in Georgia, where sales grew by 3496%, Azerbaijan, where sales grew by 883%, Spain, where sales grew by 843% and Italy, where sales grew by 321%. Major sales markets of AS “Olainfarm” during January 2014 were Russia, Ukraine, Belarus, Latvia, UK and The Netherlands. In total sales to 19 countries in 2 continents have been made during January.

According to preliminary targets, unconsolidated sales of “Olainfarm” in 2014 are planned at 80 million euros, while consolidated sales are planned at 90 million euros. According to these preliminary sales figures, during January 2014, 11% of annual sales target for unconsolidated sales and 11% of annual target for consolidated sales are achieved.