Apranga Group Announces Turnover in August 2012
OREANDA-NEWS. September 03, 2012. CEST (GLOBE NEWSWIRE) -- The retail turnover (including VAT) of the Apranga Group amounted to LTL 55.2 million (EUR 16.0 million) in August 2012, and has increased 26.3% in comparison to August 2011.
This is a record monthly turnover of Apranga Group in history. Previous record turnover recorded in August 2008 (LTL 51.3 million, or EUR 14.9 million).
In January through August 2012, the retail turnover of Apranga Group (including VAT) totalled LTL 326.4 million (EUR 94.5 million), and increased 25.4% year-to-year.
In January-August 2012, the retail turnover of the Apranga Group in Lithuania increased 25.1% year-to-year, in Latvia increased 29.1% and in Estonia 20.4%.
In August 2012 Apranga Group opened 7 new stores (“Burberry“, “Massimo Dutti“, “Aldo“, “Strellson“, “Pennyblack“, “Aprangos galerija“, “Coccinelle“), 1 store was reconstructed (“Apranga”), and 1 store closed.
Currently Apranga Group operates the chain of 130 stores covering an area of 65.6 thousand sq. m. The stores area increased by 2.3% 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.
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