Published: 2013-02-01 09:55:50 CET
Investor News

Turnover of Apranga Group in January 2013

Vilnius, Lithuania, 2013-02-01 09:55 CET -- The retail turnover (including VAT) of the Apranga Group amounted to LTL 43.8 million (EUR 12.7 million) in January 2013, and has increased 7.6% in comparison to January 2012.

In January 2013 the retail turnover of Apranga Group in Lithuania increased 5.9% year-to-year, in Latvia increased 5.7% and in Estonia 23.1%.

Apranga Group plans to reach LTL 589 million (EUR 170.6 million) turnover (including VAT) in 2013, or by 11.2% more, than actual the year 2012 turnover (LTL 529.6 million or EUR 153.4 million).

Apranga Group plans to open or renovate 15-17 stores during 2013.

During the first four months of 2013 Apranga Group will open or renovate 10 stores.

Currently Apranga Group operates the chain of 134 stores covering an area of 66.3 thousand sq. m. Stores area increased by 2.6% during the year.

Shares of Apranga are listed on Baltic equity list on NASDAQ OMX Vilnius Stock Exchange. Majority shareholder of Apranga Group is concern MG Baltic.

         Rimantas Perveneckas
         Apranga Group Director General
         +370 5 2390801