Business news from Ukraine

Business news from Ukraine

AGROHOLDING MHP CUTS CHICKEN MEAT SALES – LONDON STOCK EXCHANGE

Myronivsky Hliboproduct (MHP) sold 153,140 tonnes of chicken meat to third parties in April-June 2018 (Q2), which is 3% less than in April-June 2017. Sales of chicken meat in the first half of the year increased by 2%, to 288,440 tonnes, the company said in a report on the London Stock Exchange on Wednesday.
Poultry production volumes in Q2 2018 increased by 7% to 155,725 tonnes (Q2 2017: 145,820 tonnes) and in H1 2018 increased by 7% to 307,890 tonnes (H1 2017: 287,694 tonnes), due to increased production of heavier chicken and decreased share of thinning, the report said.

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PHARMACY SALES IN MONEY TERMS GROW BY 38% IN JAN-MAY

Pharmacy sales in Ukraine in January-May 2018 in money terms grew by 38% compared to the same period in 2017, to UAH 36.607 billion.
Sales in physical terms increased by 6% in January-May 2018, to 654.188 million packs, the Business Credit company told Interfax-Ukraine.
According to the company, in particular, retail sales of medicines in money terms increased by 41%, UAH 30.3563 billion, sales in packages grew by 18%, to 454.508 million packs.
The average price of goods in the so-called “pharmacy basket” for the first five months of 2018 was UAH 55.96 for the package, the average price of medicines was UAH 66.78 for the package.
In May 2018, pharmacy sales amounted to UAH 6.579 billion, which is 26% more than a year earlier, medicines sales increased by 28%, to UAH 5.441 billion.

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PHARM SALES IN UKRAINE GROW BY 41% IN JAN-APR – BUSINESS CREDIT COMPANY

Pharmacy sales in Ukraine in January-April 2018 in money terms grew by 41% compared to the same period in 2017, to UAH 30.14 billion. Sales in physical terms increased by 8% in the four months, to 543.575 million packs, the Business Credit company told Interfax-Ukraine. According to the company, in particular, retail sales of medicines in money terms increased by 44%, UAH 24.914 billion, sales in physical terms grew by 21%, to 374.345 million packs.
The weighted average price of goods in the so-caled “pharmacy basket” for the four months of 2018 was UAH 55.45 for the package, the average price of medicines was 66.55 UAH for the package.
In April 2018, pharmacy sales amounted to UAH 7.178 billion, which is 35% more than a year earlier, medicines sales increased by 38%, to UAH 5.938 billion.

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TELECOM SALES IN UKRAINE 12% UP IN Q1 2018

The volume of sales of services by telecommunications and postal communications enterprises in Ukraine in January-March 2018 amounted to UAH 17.3 billion, which in absolute prices is higher than the level of Q1 2017 by 12.3%, according to the State Statistics Service of Ukraine. According to its data, the volume of services provided to the population amounted to 59% of the total volume of services sold.
At the same time, in comparable prices compared to Q1 2017 the volume of services sold as a whole increased by 4.1% and in terms of providing services to the population grew by 1.2%.
In particular, in absolute prices in Q1 2018 the volume of sales of postal and courier services grew by 39%, to UAH 1.37 billion, of which services rendered to the population amounted to UAH 987 million.
The volume of sales of mobile communications services in Q1 2018 grew by 10.2%, to UAH 9.17 billion, of which services provided to the public amounted to UAH 8.32 billion.
The volume of sales of Internet services in Q1 2018 also rose by 15.1% and amounted to UAH 2.97 billion, of which the population was provided with services worth UAH 2.578 billion.

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SILVANO FASHION GROUP FROM ESTONIA RAISES SALES IN UKRAINE BY 26% IN 2018

AS Silvano Fashion Group (SFG, Tallinn), engaged in sewing and selling women’s underwear under the trademarks Milavitsa, Alisee, Lauma and Laumelle, in the first quarter of 2018 increased sales in Ukraine by 26.3% compared with the first quarter of 2017, to UAH 25.54 million. The company noted in a report on the Warsaw Stock Exchange, due to the strengthening of the euro to U.S. dollar exchange rate, in euros its Ukrainian revenue increased by 9%, to EUR760,000.
According to the report, the network of franchise stores in Ukraine during the reporting period remained unchanged and totaled 50 points.
In 2017 the group’s sales in Ukraine grew by 58.8%, to UAH 75.2 million, and in euros by 52.5%, to EUR2.53 million
Revenues in Russia increased at a higher rate, by 27.9%, to EUR10.33 million, while revenues in other markets fell, in particular in Belarus by 13.7%, to EUR3.63 million.
As a result, Ukraine’s share in total revenue for the first quarter of this year increased to 4.7% from 4.1% in the past year and 2.9% in 2016.
EBITDA of the company for the reporting period increased by 91.5%, to EUR5.57 million, and net profit amounted to EUR4.06 million against EUR110,000 in the first quarter of last year.
The production facilities of the group unite Milavitsa factory in Minsk (Belarus) and Lauma Lingerie factory (Latvia).

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NEW COMMERCIAL VEHICLE SALES IN UKRAINE GROW BY 25% IN JAN-APR, CITROEN IS A LEADER

Sales of new commercial vehicles in Ukraine in January-April 2018 grew by almost 25% year-over-year, to 4,060, the Ukrautoprom association has reported. In April, 1,187 vehicles were sold (30% up on April 2017 and almost 20% more than in March 2018).
The association said that the leader of the April market was Citroen with 223 vehicles sold (8.6-fold rise compared with April 2017 and 65% up on March 2018). Another French brand Renault was second with 191 vehicles sold (12% up on April 2017). Ford is third with 161 vehicles sold (2.2 times more than in April 2017), Fiat is fourth with a 10% decline in sales year-over-year, to 97 vehicles. Volkswagen was fifth with 76 vehicles sold (65% up).
AUTO-Consulting Group said that in contrast with the passenger car market, the truck segment showed a good pace.
Ford Trucks was the leader with 28% of the Ukrainian market. Ford Trucks signed a deal with Automagistral-Yug to buy 122 Ford dump trucks.
MAZ occupied 58% of the medium truck market. Scania was third with the market share of 10%. MAN and Volvo followed the Swedish concern.

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