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Published: 2024-07-05 17:19:09 CEST
Grenardi Group
Inside information

Turnover of Grenardi Group in Q2 2024

The total retail turnover of AS Grenardi Group in Q2 2024 amounted to EUR 6.17 million (including VAT) and was by 39% higher than in the same period of 2023 (GRENARDI chain turnover for 2023 Q2 not included).

The retail turnover of the GIVEN chain in Q2 2024 amounted to EUR 4.64 million (including VAT) and was by 4.8% higher than in the same period of 2023. In Q2 2024 the retail turnover of GIVEN chain increased by 0.3% year-to-year in Latvia, by 0.9% in Estonia and by 39.9% in Lithuania.

In Q2 2024 Grenardi Group opened 1 new shop in Estonia and closed 2 shops in Estonia, 1 shop in Latvia and 1 shop in Lithuania.

About Grenardi Group AS

AS “Grenardi Group” is the parent company of GIVEN and GRENARDI in Baltics. As of June 30, 2024, AS Grenardi Group operates a total of 81 stores – of which 74 are GIVEN chain stores and 7 GRENARDI chain stores. In addition, the Group has five online shops: www.given.lvwww.given.eewww.given.ltwww.grenardi.lv and www.grenardi.ee.

GIVEN is a jewellery brand that stands for joy, beauty, love, creativity, and sustainability by expressing this in its jewellery – through design, unique collections of brands, and carefully considered details, making the valuable accessible.

GRENARDI has been the leading luxury jewellery retail chain in Latvia and Estonia for more than 20 years. GRENARDI offers an extensive assortment of world-renowned luxury jewellery brands and sophisticated private collections. 

 

         Dāvis Cēderštrēms
         Deputy CFO
         info@grenardi.group
         Tel: +371 67 796 000