CORRECTION: Apranga Group interim report for three months of 2015

Technical error (which was made when converting slow-moving inventories balances from litas to euro) is corrected at the interim information for the three months of 2015 in cash flow statement (page 11): 3 months 2015 Group data under “Change in allowances for slow-moving inventories” should be read as “(55)” instead of “(2 254)”; and data under “Decrease (increase) in inventories” should be read as “(4 151)” instead of “(1 952)”. All other information did not change.

| Source: Apranga Apranga

Vilnius, Lithuania, 2015-05-20 09:00 CEST (GLOBE NEWSWIRE) -- The retail turnover (including VAT) of Apranga Group reached EUR 42.1 million in 1st quarter 2015 or by 9.4% more than in 2014.

The unaudited consolidated profit before income tax of Apranga Group amounted to EUR 0.8 million during the three months of 2015, while Apranga Group has made the profit of EUR 2.0 million in the same period of 2014 (decrease by 61.6%).

EBITDA of Apranga Group was EUR 2.3 million during three months 2015, and decreased by 32.6 percent comparing to corresponding the year 2014 period.

The unaudited interim consolidated financial statements of Apranga Group for three months of 2015, as well as managers’ confirmation letter are ready for acquaintance in the attachments. The interim information is also available at: http://apranga.lt/en/investors.

 

         Rimantas Perveneckas
         Apranga Group Director General
         +370 5 2390801

Attachments

FA2015Q1 EN_.pdf Confirmation 2015Q1 EN.pdf