03.10.2016, 18:24
Baltika’s Retail Sales for September Decreased by 10%
OREANDA-NEWS. Baltika’s consolidated sales revenue from continued operations for September totalled 3,760 thousand euros, increasing by 1% compared to the same period last year.
Baltika’s retail sales for September decreased by 10% compared to the same period last year, thereof decrease in Estonia 2%, Lithuania 16% and in Latvia 17%. Baltika’s consolidated retail sales revenue for September was 2,838 thousand euros.
At the end of September Baltika Group had 127 stores, among which franchise stores: 16 in Ukraine, 12 in Russia, 3 in Spain and 2 in Belarus. At the end of month there was 94 shops operated by Baltika, shops average month sales area stayed on last year same period level.
Wholesale increased by 71% and e-com sales increased by 7% compared to September in previous year.
Baltika’s retail sales for September decreased by 10% compared to the same period last year, thereof decrease in Estonia 2%, Lithuania 16% and in Latvia 17%. Baltika’s consolidated retail sales revenue for September was 2,838 thousand euros.
At the end of September Baltika Group had 127 stores, among which franchise stores: 16 in Ukraine, 12 in Russia, 3 in Spain and 2 in Belarus. At the end of month there was 94 shops operated by Baltika, shops average month sales area stayed on last year same period level.
Wholesale increased by 71% and e-com sales increased by 7% compared to September in previous year.
EUR thousand | 2016 | 2015 | Change |
Retail | 2 838 | 3 163 | -10% |
Wholesale (incl. franchise) | 841 | 492 | 71% |
E-com sales | 79 | 74 | 7% |
Other | 2 | 5 | -60% |
Total | 3 760 | 3 734 | 1% |
Retail sales in Russia* | 0 | 352 | -100% |
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