OREANDA-NEWS. Baltika’s consolidated sales revenue from continued operations for June totalled 3,617 thousand euros, decreasing by 9% compared to the same period last year.

Baltika’s retail sales for June decreased by 5% compared to the same period last year, thereof decrease in Estonia 2% and in Lithuania and in Latvia 7%. Baltika’s consolidated retail sales revenue for June was 3,483 thousand euros.

At the end of June Baltika Group had 130 stores, among which franchise stores: 15 in Ukraine, 13 in Russia, 6 in Spain and 2 in Belarus. At the end of month there was 94 shops operated by Baltika, shops average month sales area increased by 2% compared to the same period last year.

Wholesale decreased by 81% and e-com sales increased by 18% compared to June in previous year.

Sales in June

EUR thousand 2016 2015 Change
Retail 3,483 3,650 -5%
Wholesale (incl. franchise) 51 275 -81%
E-com sales 65 55 18%
Other 18 16 13%
Total 3,617 3,996 -9%
       
Retail sales in Russia 0 380 -100%

Sales revenue for six months totalled 22,330 thousand euros, decreasing 4% compared to the same period last year. Retail sales revenue from continued operations was 18,716 thousand euros (-7% yoy). At the same period the Group’s average retail sales area increased by 2%. Wholesale was 2,979 thousand euros (+9% yoy) and e-com revenue 500 thousand euros (+2% yoy).