Inside information, 2018-11-26 08:50 CET (GLOBE NEWSWIRE) -- The annual Nasdaq Investors' Conference ‘CEO Meets Investors’ will be broadcast live on November 26th from 10.00 at https://ej.uz/CEO_2018.
The success story of MADARA Cosmetics will be introduced by the board member Uldis Iltners ‘After a successful IPO in November 2017, the company continued to grow and consequently that reflected in the stock price. The investors who bought the shares in the IPO gained a total return of 24% (calculated for the period 10.11.2017 – 15.11.2018). In addition to this, we implement the shareholder benefit programme, in which shareholders receive various benefits and bonuses. The conditions for the natural cosmetics segment remain favorable, which provides a positive outlook for the development in the next years’. The event will be moderated by Ivars Bergmanis, Head of the Institutional Markets at LHV BANK.
The company's presentation in English is in the attachment.
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. For more information, visit madaracosmetics.lv/investors/.
Contact information:
Address: 131 Zeltiņu Street, Mārupe district, Mārupe, LV 2167, Latvia
Contact person: Uldis Iltners, member of the Management Board
E-mail: uldis@madaracosmetics.com
Phone: +371 67 470 243
Certified advisor:
AS “LHV Pank”
Contact person: Ivars Bergmanis
E-mail: ivars.bergmanis@lhv.ee
Phone: +372 680 2720
