|Group Revenue for the year ended 31 December 2014, decreased by US$16,9m or 17,6% to reach the level of US$79,3m compared to US$96,2m in 2013. Sales in Europe increased by 7,3% or US$1,0m to reach the level of US$14,6m compared to US$13,6m in 2013. Sales in the CIS and Baltics decreased by US$14,6m or 31,0%, reaching the level of US$32,5m, compared to US$47,1m in 2013. Sales in the rest of the World decreased by US$3,3m or 9,3%, reaching the level of US$32,2m, compared to US$35,5m in 2013.
The Group’s Gross Profit for the year, after charging product, transportation and insurance costs decreased to US$65,1m compared to US$69,6m in 2013. The Gross Profit margin achieved in 2014 was 82% (2013: 72%).
The loss of the Group attributable to the shareholders of the Parent Company for the year 2014 amounted to US$5.274.916 (2013: US$1.736.949 loss).