According to preliminary consolidated results of Latvian JSC Olainfarm for December 2016, sales of the Groups have reached €10.28 million, which represents an increase by 39% compared to December 2015.
The biggest sales increase was achieved in Moldova, where sales grew by 13081%. Sales to Kazakhstan grew by 326%, sales to Kyrgyzstan grew by 207%, but sales to Azerbaijan grew by 171%.
The biggest sales markets during this period were Russia, Latvia and The Netherlands.
According to the operating plan of the company and the Group, sales in 2016 were suppose to reach €86 million, and Group’s sales €100 million. According to these preliminary sales numbers, Company’s sales target have been outperformed by 6% and Group’s sales targets have been outperformed by 10%.