The sales volume of JSC "Valmieras stikla skiedra" grows
The unaudited financial report of JSC "Valmieras stikla skiedra" shows - the
sales volume in three months of 2013 has reached LVL 14.02 Million (EUR 19.95
Mill.). It's for LVL 1.94 Million (EUR 2.76 Mill.) or 16% more as at the same
period of 2012. The net profit of the company has reached LVL 0.83 Millions
(EUR 1.18 Mill.) or 17% more as first quarter of 2012 and overfills the budget
for 70%. The export rate of the company has reached LVL 13.46 Million (EUR
19.15 Mill.), exporting 96% of the production to 36 countries in the world. The
sales volume, comparing the first quarter of 2013 to budget, is for 11%
overfilled. The evaluation of company's 1st quarter economic indicators shows
they are the best since the foundation of joint-stock company.
Also at the first quarter of 2013 strengthened the JSC "Valmieras stikla saiedra" its position in the market and let the turnover grow. The main export markets are still steady: European Union (73%), USA, Japan, India and Russia. The sales volume in the three months of 2013 in comparison to the same period of 2012 has grown in markets of European Union (the growth of 12%), USA and Canada (the growth of 43%), Russia and Ukraine (for 12%). In other countries (including Swiss, Japan, India, Croatia etc.) the sales volume is stable. The range of customers is getting larger, particularly in USA and in export markets of East regions.
Analysing the segments of products, the growth of the sales volume has been recognized for the products with high added value: products with higher SiO2 content, nettings, technical fabrics and mats.
Significant for JSC "Valmieras stikla skiedra" was the January 2013 as the record turnover for one month was reached - LVL 5.17 Million (7.36 mil. EUR). It's for 29% more as in January 2012 and the budget for January 2013 is for 47% overfilled. This is an important growth because the winter is the less active period in the market.
Andris Oskars Brutans, the Chairman of the board of JSC "Valmieras stikla saiedra-, says: "We enjoy the results of the first quarter. We work active for reaching better business results. We constantly think about development, growth and modernization because it's important for keeping our place in the market. We are proud of the new, third glass melting furnace that ensures the growth of fiberglass production capacity and quality. This year we will realize a project, buying new machines with the aim to modernize the old technological solutions and to develop new products. We are realizing the investment program in the amount of 7.1 Million (EUR 10.1 Million)."
Contacts: Marika Nimante JSC "Valmieras stikla skiedra" marketing project manager Phone: 64202276, 26635509 Fax: 64281216 E-mail: Marika.Nimante@vss.lv
Attachment:
https://newsclient.omxgroup.com/cds/DisclosureAttachmentServlet?messageAttachmentId=429462
Also at the first quarter of 2013 strengthened the JSC "Valmieras stikla saiedra" its position in the market and let the turnover grow. The main export markets are still steady: European Union (73%), USA, Japan, India and Russia. The sales volume in the three months of 2013 in comparison to the same period of 2012 has grown in markets of European Union (the growth of 12%), USA and Canada (the growth of 43%), Russia and Ukraine (for 12%). In other countries (including Swiss, Japan, India, Croatia etc.) the sales volume is stable. The range of customers is getting larger, particularly in USA and in export markets of East regions.
Analysing the segments of products, the growth of the sales volume has been recognized for the products with high added value: products with higher SiO2 content, nettings, technical fabrics and mats.
Significant for JSC "Valmieras stikla skiedra" was the January 2013 as the record turnover for one month was reached - LVL 5.17 Million (7.36 mil. EUR). It's for 29% more as in January 2012 and the budget for January 2013 is for 47% overfilled. This is an important growth because the winter is the less active period in the market.
Andris Oskars Brutans, the Chairman of the board of JSC "Valmieras stikla saiedra-, says: "We enjoy the results of the first quarter. We work active for reaching better business results. We constantly think about development, growth and modernization because it's important for keeping our place in the market. We are proud of the new, third glass melting furnace that ensures the growth of fiberglass production capacity and quality. This year we will realize a project, buying new machines with the aim to modernize the old technological solutions and to develop new products. We are realizing the investment program in the amount of 7.1 Million (EUR 10.1 Million)."
Contacts: Marika Nimante JSC "Valmieras stikla skiedra" marketing project manager Phone: 64202276, 26635509 Fax: 64281216 E-mail: Marika.Nimante@vss.lv
Attachment:
https://newsclient.omxgroup.com/cds/DisclosureAttachmentServlet?messageAttachmentId=429462
© 2013 GlobeNewswire
