Olainfarm holds Investor Conference Webinar about
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Olaine, 2017-03-07 15:00 CET (GLOBE NEWSWIRE) -- Webinar will be hosted by the Member of the Management Board Salvis Lapiņš. The presentation will be held in English.
During the webinar Salvis Lapiņš will inform about AS “Olainfarm” latest activities and analyze the financial results of the fourth quarter 2016 and non-audited financial results of 12 months 2016. During the webinar Mr. Lapins will inform that the budgeted target for consolidated sales is 127 million euro, while consolidated net profit is budgeted at 15.5 million euro. Unconsolidated budgets are respectively at 96 million and 12.7 million. Mr. Lapins will also provide an update about the internal discussions in the company regarding the future dividend payout ratio, as currently ongoing discussions are about the payout ratio of 40% of company’s annual profit .
During the webinar, the enclosed presentatoin will be presented.
After the presentation investors are welcome to ask questions. Due to the limited webinar time, please send in your questions in advance till March 6 to e-mail: eva.dzerve@nasdaq.com .
What is webinar? Webinar is a virtual conference, during which company’s representative gives information about the company, its activities and future plans. Webinar allows interactive communication and provides an opportunity to ask questions and get answers directly from the company.
How to join the webinar? All you need is a computer with internet connection and headphones.
To join the webinar, we invite you to register via http://ej.uz/OLF_YE2016 .
You will be provided with the webinar link and instructions to join webinar successfully. When joining the webinar for the first time, you will be asked to download the system application on your computer which will take only few seconds. For more information on webinar service please visit: http://www.nasdaqbaltic.com/en/products-services/webinars-3/
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JSC Olainfarm is one of the biggest pharmaceutical companies in Latvia with more than 40 years of experience in production of medication and chemical and pharmaceutical products. A basic principle of company's operations is to produce reliable and effective top quality products for Latvia and the rest of the world. Products made by the Group are being exported to more than 35 countries of the world, including the Baltics, Russia, other CIS, Europe, Asia, North America and Australia.
Information prepared by: Salvis Lapins JSC Olainfarm Member of the Management Board Rupnicu iela 5, Olaine, Latvia, LV 2114 Phone: +371 6 7013 717 Fax: +371 6 7013 777 E-mail: Salvis.Lapins@olainfarm.lv
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