Baltika's consolidated retail sales revenue for November totalled 73.2 million
kroons and increased by 8% compared to November previous year in a situation
where the sales area shrunk by 12%.
In the month of November, retail revenue increased by 16% in the Baltic region
(in Latvia 21% and in Estonia 18%). Retail sales revenue in Eastern Europe
remained at the level of the previous year.
In the month of November, comparable stores sales per square metre increased
most in Russia (+25%), Estonia (+17%), Lithuania (+16%) and Latvia (+15%).
Baltika's consolidated sales revenue for November totalled 77.6 million kroons
and increased by 8% compared to November previous year.
Sales in November
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| EEK million | 11/2010 | 11/2009 | Change |
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| Retail | 73.2 | 67.5 | 8% |
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| Wholesale | 3.8 | 3.5 | 9% |
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| Other | 0.6 | 0.6 | 0% |
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| Total | 77.6 | 71.6 | 8% |
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Cumulative eleven month sales revenue of Baltika amounted to 739 million kroons
(-9% yoy), including retail sales of 687 million kroons (-7%) and wholesale of
46 million kroons (-32%).
At the end of November, Baltika Group had 122 stores, 16 stores less than
previous year. The sales area shrunk by 12% compared to November previous year.
In November, one store was opened in Russia.
EUR 1 = EEK 15.6466
Ülle Järv
CFO, Member of the Management Board
+372 630 2731