Turnover of Apranga Group in December 2014 and total year 2014


Vilnius, Lithuania, 2015-01-05 09:00 CET (GLOBE NEWSWIRE) -- The unaudited year 2014 retail turnover (including VAT) of Apranga Group reached EUR 183.5 million (LTL 633.5 million), and has increased by 8.5% comparing to 2013.

In 2014 the retail turnover of Apranga Group in Lithuania was EUR 110.9 million (LTL 383.0 million), and increased 4.5% year-on-year. In 2014 the retail turnover of Apranga Group in Latvia reached EUR 47.3 million (LTL 163.3 million), and increased 12.5% year-on-year, in Estonia has made EUR 25.2 million (LTL 87.2 million), and increased 20.9% year-on-year.

The retail turnover (including VAT) of Apranga Group totalled EUR 51.4 million (LTL 177.5 million) in 4th quarter 2014 or by 8.3% more than in 2013. During the 4th quarter 2014 the retail turnover of Apranga Group in Lithuania increased 6.2% year-on-year, in Latvia increased by 6.2% and in Estonia by 23.7%.

The retail turnover (including VAT) of Apranga Group amounted to EUR 17.0 million (LTL 58.8 million) in December 2014, and has increased by 0.5% in comparison to December 2013.

During the year 2014 Apranga Group opened 20 stores, reconstructed 8 and closed 7 stores. Currently Apranga Group operates the chain of 161 stores covering an area of 73.2 thousand sq. m. Stores area increased by 5.1% during the year.

Apranga Group plans to reach EUR 204 million (LTL 704 million) turnover (including VAT) in 2015, or by 11% more, than actual the year 2014 turnover.

Shares of Apranga are listed on Baltic equity list on Nasdaq Vilnius Stock Exchange. Majority shareholder of Apranga Group is concern MG Baltic.

         Rimantas Perveneckas
         Apranga Group Director General
         +370 5 2390801