30 Apr 2014 10:54
April 30, 2014
AVANGARDCO INVESTMENTS PUBLIC LIMITED
2013 Annual Report Publication
KYIV, UKRAINE - AVANGARDCO INVESTMENTS PUBLIC LIMITED (LSE: AVGR) (the "Company" or "AVANGARDCO IPL"), the largest producer of shell eggs and egg products in Ukraine and number one producer in Eurasia, today releases its 2013 Annual Report.
The 2013 Annual Report can be found at: http://avangard.co.ua/eng/for-investors/annual-reports/
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For investor's inquiries:
Valeriya Myagkohod AVANGARDCO IPL Investor Relations Manager
phone.: +38 044 393 40 50 mob.: +38 067 223 46 88 e-mail: ir@avangardco.ua
| FTI Consulting London
Larisa Kogut-Millings +44 (0) 20 3727 1364
Elena Kalinskaya +44 (0) 20 3727 1279
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Information for editors
AVANGARDCO IPL is one of the largest agro-industrial companies in Ukraine, specializing in the production of shell eggs and dry egg products. As of 31 December, 2013 the Company holds a 57% share of the industrial egg market and a 91% share of the dry egg products market in Ukraine. The Company has the largest population of laying hens in Ukraine with 32.5 mln heads.
Production cycle of AVANGARDCO IPL is vertically integrated. The Company's facilities are located in 14 regions of Ukraine and the Autonomous Republic of Crimea. The Company has nineteen farms for laying hens; three second order breeder farms; ten farms for rearing young laying hens; six feed mills; three long-term storage facilities and the egg processing plant "Imperovo Foods", which is one of the most technologically-advanced facilities for processing eggs in Europe.
The Company exports its products to 33 countries, with its primary export markets in the Middle East, Africa, Asia and the CIS.
As of 31 December, 2013, the Company's revenues amounted to US$ 661.2 mln (2012: US$ 629.3 mln) and EBITDA was US$ 301.2 mln (2012: US$ 279.8 mln).
The Company's shares, in the form of Global Depositary Receipts, have been trading on the London Stock Exchange since May 2010. The Eurobond issue for approximately $200 million with a maturity on 29 October 2015 was included in the official list of the UK Listing Authority (UKLA) and admitted to trading on a regulated market of the London Stock Exchange on November 1, 2010.