Recording of AS MADARA Cosmetics Financial Results of 12 months 2017 Investor Conference Webinar


01.03.2018.

On March 1 AS MADARA Cosmetics organized its Investor Conference Online Webinar. During the webinar the member of the board and shareholder Uldis Iltners analyzed the unaudited financial results of 2017 and informed about the key events of the past year and the situation in the industry as a whole.

During the webinar it was mentioned that the profit margin will remain at the level of the previous years. It was also mentioned that after the launch of the new ecommerce platform, it could generate up to one third of the total turnover.

The recorded AS MADARA Cosmetics webinar is available online: http://ej.uz/MADARA_Q4_2017. The webinar presentation is available here.

MADARA Cosmetics thanks all participants, who joined the webinar, and encourages everybody to follow company’s announcements to get information on the next webinar!

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The shares of Madara Cosmetics are admitted to trading on Nasdaq Baltic First North Market.

The Certified Adviser for AS Madara Cosmetics is AS LHV Pank.

MADARA Cosmetics, founded in 2006, is the local pioneer in the field of natural cosmetics. In 2016 and 2017 the company and its managers were ranked among the top-10 Most Admired Business Leaders in Latvia. MADARA develops and manufactures all products exclusively at its own laboratories and facilities to ensure 100% control over processes. Further evidence of its passion for quality and perfection in every detail are the company’s ECOCERT organic certification, GMP (ISO 22716:2007) standard, and in vitro and in vivo research.

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