Vilnius, Lithuania, 2014-01-02 10:01 CET (GLOBE NEWSWIRE) -- The unaudited year 2013 retail turnover (including VAT) of Apranga Group reached LTL 583.9 million (EUR 169.1 million), and has increased by 10.2% comparing to 2012.
In 2013 the retail turnover of Apranga Group in Lithuania was LTL 366.6 million (EUR 106.2 million), and increased 8.5% year-on-year. In 2013 the retail turnover of Apranga Group in Latvia reached LTL 145.2 million (EUR 42.0 million), and increased 15.5% year-on-year, in Estonia has made LTL 72.1 million (EUR 20.9 million), and increased 9.0% year-on-year.
The retail turnover (including VAT) of Apranga Group amounted to LTL 58.5 million (EUR 16.9 million) in December 2013, and has increased by 10.8% in comparison to December 2012.
The retail turnover (including VAT) of Apranga Group totalled LTL 164.0 million (EUR 47.5 million) in 4th quarter 2013 or by 9.6% more than in 2012. During the 4th quarter 2013 the retail turnover of Apranga Group in Lithuania increased 5.0% year-on-year, in Latvia increased by 22.8% and in Estonia by 9.3%.
During the year 2013 Apranga Group opened 11 stores, took over 5 “Mango” stores, reconstructed 11 and closed 2 stores. Currently Apranga Group operates the chain of 148 stores covering an area of 69.7 thousand sq. m. Stores area increased by 5.1% during the year.
Apranga Group plans to reach LTL 628 million (EUR 182 million) turnover (including VAT) in 2014, or by about 7.5% more, than actual the year 2013 turnover.
Shares of Apranga are listed on Baltic equity list on NASDAQ OMX Vilnius Stock Exchange. Majority shareholder of Apranga Group is concern MG Baltic.
Apranga Group Director General
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