TALLINNA KÜLMHOONE AS

ANNOUNCEMENT

10.06.99

 

 

COMMENTARY TO 1998 MANAGEMENT REPORT

 

Tallinna Külmhoone AS projects its 1999 consolidated net sales at 

375 million EEK, divided as follows:

ice-cream products		105 million EEK

refrigerated foodstuff		110 million EEK

frozen foodstuff		160 million EEK

The company’s 1998 consolidated net turnover amounted to 335.1 

million EEK.

The company plans to earn in 1999 net profit of 13.7 million EEK; 70% 

of net profit is planned to earn from production and sales of ice-

cream, and 30% of sales of refrigerated and frozen foodstuff.

The company plans to sell 3500 tons of ice-cream, of which the 

projected export volume accounts for 500 tons.

Sale of ice-cream by years:

1997 	2609 tons

1998 	3074 tons

1999 	3500 tons

 

 

 

Evald Karu

Financial Director

+372 2213 369