Pharmacy Chain 36.6 trade update for Q1 200830.06.2008 JUNE 30, 2008, MOSCOW – Pharmacy Chain 36.6 [MICEX: RU14APTK1007; RTS: APTK] is announcing its operational results for Q1 2008 (unaudited)*. - Consolidated sales in Q1 2008 totaled USD 280.0 million, which is a 50.5% increase from Q1 2007**.
- Sales in the pharmacy retail chain totaled USD 229.6 million, representing a 54.4% growth as compared with Q1 2007. The sales in the pharmacies opened or acquired before 01.01.07 reached USD 166.4 million, which is 75.8% of total sales. The sales in the pharmacies opened or acquired after 01.01.07 amounted USD 53.1 million, which is 24.2% of total sales.
- Sales in the pharmaceutical manufacturing segment totaled USD 34.8 million, which is a 44.0% year on year increase.
- Sales in the Medical services segment totaled USD 8.2 million, which is a 30.2% year on year growth.
- Sales in the Children goods retail segment totaled USD 0.9 million, which is a 131.0% year on year growth.
| USD' 000 | Consolidated | Retail | Veropharm | EMC | ELC | Other |
|---|
| Q1 2008 | 280 029 | 229 595 | 34 751 | 8 204 | 908 | 6 571 | | Q1 2007 | 185 100 | 148 700 | 24 137 | 6 300 | 393 | 5 570 | | Change y-o-y | 50.5% | 54.4% | 44.0% | 30.2% | 131.0% | 18.0% |
|
- By the end of Q1 2008, Pharmacy Chain 36.6 included 1 215 pharmacies located in 29 Russian regions.
- In Q1 2008 the Company organically opened 21 pharmacies, re-branded 6 pharmacies and closed 33 pharmacies.
- As of the end of Q1 2008, Pharmacy Chain 36.6 managed 14 separate eyewear stores and 23 eyewear kiosks located inside the Company’s pharmacies.
- In Q1 2008, two Early Learning Center (ELC) stores were opened. As of the end of Q1 2008 there were 9 ELC stores.
1 êâàðòàë 2008 | Business Unit*** | No. of
Pharmacies | Share of Sales | Ave. retail space per
pharmacy, sq.m. |
|---|
| Moscow-Central | 415 | 44.9% | 73.4 | | including Northwest | 29 | 2.6% | 69.0 | | South Urals | 280 | 18.0% | 56.0 | | South | 204 | 15.8% | 50.4 | | Volga | 133 | 9.0% | 62.0 | | North Urals | 115 | 7.9% | 53.0 | | Siberia | 68 | 4.3% | 53.3 |
|
| | Company Total: | 1 215 | 100.0% | 61.2 |
|
- Throughout Q1 2008 a total of 27.5 million purchases were made at the Company’s pharmacies representing a 31.6% year on year growth. Pharmacies opened or acquired before 01.01.07 account for 19.3 million purchases, which represents 70.3% of total purchases. There were 9.5 million purchases made in the Central region (Moscow-Central) which is a 30.1% increase over last year. Other regions demonstrated 32.1% growth year on year.
* Please note this is a new format of the trade update. Additional information on the operational results, including on the like-for like sales and average checks, will be provided when IFRS results are published. ** Hereinafter – these financial indicators may have variations from the consolidated data prepared in accordance with IFRS. *** Due to organizational changes Northwest is now managed by Moscow-Central. In addition, Urals is broken into two units North Urals and South Urals. | 
