Turnover of Apranga Group in June 2016


Vilnius, Lithuania, 2016-07-01 09:00 CEST (GLOBE NEWSWIRE) -- The retail turnover (including VAT) of the Apranga Group reached EUR 16.5 million in June 2016, and has increased 4.4% in comparison to June 2015.

The retail turnover (including VAT) of Apranga Group amounted to EUR 50.2 million in 2nd quarter 2016 or by 9.5% more than in 2015.

The retail turnover (including VAT) of Apranga Group was EUR 94.3 million in January through June 2016 or 7.2% more than in 2015.

In January through June 2016 the retail turnover of Apranga Group in Lithuania was EUR 55.8 million, and increased 4.6% year-on-year.

In 1st half 2016 the retail turnover of Apranga Group in Latvia amounted to EUR 22.8 million, and increased 4.8% year-on-year.

In 1st half 2016 the retail turnover of Apranga Group in Estonia was EUR 15.7 million, and increased 22.1% year-on-year.

Currently Apranga Group operates the chain of 178 stores (104 in Lithuania, 46 in Latvia and 28 in Estonia) covering the gross area of 81.1 thousand sq. m., or by 5.5% more than a year ago.

During the six months of 2016 Apranga Group opened 11, reconstructed 2, and closed 2 stores.

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