Pēd. atjaunots: 29.03.2024 10:06 (GMT+2)

Kalev: Sales commentary 1998

18.02.1999, Luterma, TLN
AS KALEV
ANNOUNCEMENT
18.02.99

AS KALEV 1998 SALES COMMENTARY

In 1998, AS Kalev sold confectionery products in the amount of
12754.1 tons, i.e. 88.4% of the sales volume of 1997 (14430.8
tons). The share of exports was 48.4%, i.e. 79.6% of the 1997
export volume. 24.8% of total sales was made to Russia, and its
share of exports was 51.1%. 80% of the sales to Russia during
1998 were made during the I half year. The share of products
exported to Russia was 11%, and 22.4% of exports, whereas the
respective percentage increased to 28% by the end of the year.
Total exports to the Republics of Latvia and Lithuania were
approximately the same: 11.5% of total sales, 23.7% of total
exports, and including the respective year-end increase, to
38%. In 1998, 46.5 tons of Christmas products were exported,
which is 69.7% of the volume of the respective products exported
in 1997, and accounted for 15% of the total sales of Christmas
products.

68% of the IV quarter production was sold in Estonia.
Regardless of the general decline in the market volume, the
Christmas sales were a success. 261.1 tons of Christmas products
were sold in Estonia, which is 3% more than in 1997. The most
favored Christmas products were candy mixes, especially
"Jõulumajake", "Jõulupakk" and "Linnumajake". The most
favored chocolate bars were "Lõbus talv" and "Magusaid jõule".

In January, 652 tons of confectionery products were sold. 55.8%
of production was sold in Estonia, and 44.2% was exported. The
main share of the exported products were sold to Ukraine
(47.6%) and Balti Republics (45,8%). Export to Russia was
almost non-existent: 0,7% of total sales.

Tiina Altmets
Information manager
+372 650 8711

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