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Analyst Site Visit

22nd Jul 2010 13:06

RNS Number : 7747P
AvangardCo Investments Public Ltd
22 July 2010
 



July 22, 2010

For Immediate Release

 

 

AVANGARDCO INVESTMENTS PUBLIC LIMITED

Analyst Site Visit

 

 

KYIV, UKRAINE - AVANGARDCO INVESTMENTS PUBLIC LIMITED (LSE: AVGD) (the "Company" or "Avangard"), one of the leading agro-industrial companies in Ukraine, is hosting today and tomorrow a visit for analysts to its operations in Kyiv, Khmelnitsky and Ivano-Frankivsk,Ukraine.

 

This visit is intended to provide a greater understanding of the Company's activities. Any comments on trading and all information provided will be consistent with that given in the Company's IPO prospectus, issued on 30th April, 2010.

 

 

- Ends -

For further information please contact:

 

Investor Relations inquiries

Victoria Korolchuk

 

+38 044 593 2860

 

 

Media inquiries

Oksana Prosolenko

 

+38 044 593 2860

 

 

Financial Dynamics London

Ben Foster

Marc Cohen

 

+44 20 7831 3113

 

 

Financial Dynamics Moscow

Leonid Solovyev

Olga Terebova

 

+7 495 795 06 23

 

 

Notes to Editors

 

Information of Avangard

 

The Company is a holding company for a group (the "Group") that is one of the leading agro-industrial companies in Ukraine, focusing on the production of shell eggs and egg products. The Company is the number one producer of shell eggs and dry egg products in Ukraine with a market share of approximately 23% (including 39% of industrially produced shell eggs) and 52% respectively in 2009. As of 31 December 2009, Avangard's flock consists of approximately 16,121 thousand birds. Avangard's production facilities are located across 14 regions in Ukraine and also in the Autonomous Republic of Crimea. In 2009 Avangard exported its shell eggs and egg products to 16 countries mainly in the Middle East and Asia. In 2009 The Company generated revenues of USD $319.855 million (2008: USD $302.292 million), EBITDA of USD $152.092 million (2008: USD $113.738 million). Since May 2010 Avangard shares are listed on the Main Market of London Stock Exchange.

 

# # #

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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