Turnover of Apranga Group in March 2015 and 1st quarter 2015


Vilnius, Lithuania, 2015-04-01 09:49 CEST (GLOBE NEWSWIRE) -- Retail turnover (including VAT) of the Apranga Group amounted to EUR 14.4 million in March 2015, and has increased by 8.2% comparing to March 2014.

The retail turnover (including VAT) of Apranga Group has made EUR 42.1 million in January through March 2015 or by 9.4% more than in 2014.

In January-March 2015, the retail turnover of the Apranga Group in Lithuania increased by 7.7% year-to-year, in Latvia increased 4.4% and in Estonia 28.9%.

During 1st quarter 2015, Apranga Group opened 8 new stores (Zara in Vilnius, Aldo in Kaunas, Weekend MaxMara, City and Autlets A in Riga, Apranga and two Aldo in Tallinn), 2 reconstructed (Apranga and City in Kaunas) and closed 4 stores.

Currently Apranga Group operates the chain of 165 stores (98 in Lithuania, 44 in Latvia and 23 in Estonia) covering the gross area of 76.8 thousand sq. m., or by 9.0% more than at the end of 1st quarter 2014.

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