Turnover of Apranga Group in September 2015


Vilnius, Lithuania, 2015-10-01 09:01 CEST (GLOBE NEWSWIRE) -- The retail turnover (including VAT) of the Apranga Group amounted to EUR 18.0 million in September 2015, and has increased by 9.7% in comparison to September 2014.

The retail turnover (including VAT) of Apranga Group totalled EUR 53.9 million in 3rd quarter 2015 or by 5.1% more than in 2014.

The retail turnover (including VAT) of Apranga Group reached EUR 141.9 million in January through September 2015, and increased 7.5% year-on-year.

In January through September 2015 the retail turnover of Apranga Group in Lithuania was EUR 85.5 million, and increased 7.7% year-on-year.

In the nine months of 2015 the retail turnover of Apranga Group in Latvia has made EUR 35.0 million, and increased 1.5% year-on-year.

In the nine months of 2015 the retail turnover of Apranga Group in Estonia has made EUR 21.5 million, and increased 17.4% year-on-year.

In January through September 2015 Apranga Group opened 15 stores, reconstructed 9 and closed 8 stores (including Mexx stores due to international bankruptcy).

Currently Apranga Group operates the chain of 168 stores (100 in Lithuania, 45 in Latvia and 23 in Estonia) covering the gross area of 78.1 thousand sq. m., or by 8.9% more than a year ago.

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