Vilnius, Lithuania, 2013-01-02 10:59 CET (GLOBE NEWSWIRE) -- The unaudited year 2012 retail turnover (including VAT) of Apranga Group reached LTL 529.6 million (EUR 153.4 million), and has increased by LTL 100.4 million (EUR 29.1 million), or by 23.4% comparing to 2011.
In 2012 the retail turnover of Apranga Group in Lithuania was LTL 337.7 million (EUR 97.8 million), and increased 23.5% year-on-year. In 2012 the retail turnover of Apranga Group in Latvia has made LTL 125.7 million (EUR 36.4 million), and increased 25.1% year-on-year, in Estonia has made LTL 66.2 million (EUR 19.2 million), and increased 19.6% year-on-year.
While in 2012 reaching a record annual turnover, Apranga group also has made it by 4% higher than the before-crisis year 2008 level.
The retail turnover (including VAT) of Apranga Group amounted to LTL 52.8 million (EUR 15.3 million) in December 2012, and has increased by 21.8% in comparison to December 2011.
The retail turnover (including VAT) of Apranga Group totalled LTL 149.6 million (EUR 43.3 million) in 4th quarter 2012 or by 17.5% more than in 2011. During the 4th quarter 2012 the retail turnover of Apranga Group in Lithuania increased 19.6% year-on-year, in Latvia increased by 13.0% and in Estonia by 15.2%.
During the year 2012 Apranga Group opened 18 stores, reconstructed 9 and closed 5 stores. Currently Apranga Group operates the chain of 134 stores covering an area of 66.3 thousand sq. m. Stores area increased by 2.6% during the year.
Shares of Apranga are listed on Baltic equity list on NASDAQ OMX Vilnius Stock Exchange. Majority shareholder of Apranga Group is concern MG Baltic.
Saulius Bačauskas
Apranga Group CFO
+370 5 2390843