Even during the instability within the financial markets, Ukrainian companies manage to find investors. It is understandable, especially considering higher-than-expected performance results in the first half of 2011. Azov Agri is planning to raise as much as EUR 1-1.3 M. Company is willing to offer 10-20% of the company’s shares. The confidence of the company is boosted by the fact that in case of the private placement the company will know its investors even before the actual placement.

The company also plans to increase its EBITDA in 2011 to UAH 12.43 M (app USD. 1.5 M), and in 2013 - up to UAH 30.42 M. It is estimated that net profit in 2011 will rise to UAH 10.16 M, and in 2013 will increase up to UAH 28.15 M. In addition to growing cereals and sunflower AzovAgri plans to increase its orchards and vineyards land bank by 20 times up to 1.2 hectares.

UAIndex