Baltika Group Announces Sales in February
OREANDA-NEWS. Baltika’s consolidated sales revenue for February totalled 3,728 thousand euros and decreased by 2% compared to the same period in previous year.
Baltika’s consolidated retail sales revenue for February totalled 3,408 thousand euros, which is decrease of 2% compared to the same period in previous year. Wholesale increased by 2% compared to February in previous year, e-com sales remained on the same level.
Sales in February
EUR thousand |
2014 |
2013 |
Change |
Retail |
3,408 |
3,475 |
-2% |
Wholesale |
301 |
295 |
2% |
E-com sales |
16 |
16 |
0% |
Other |
3 |
8 |
-63% |
Total |
3,728 |
3,794 |
-2% |
Retail sales increased in Baltic states by 11%, thereof in Latvia and in Lithuania +15% and in Estonia +7%. In Ukraine and Russia retail sales decreased by 27% compared to same period previous year. In local currency sales decreased in Ukraine by 10% and in Russia by 21%.
At the end of February Baltika Group had 122 stores with a total sales area of 23,742 square metres, month average sales area increased by 7% compared to the same period last year.
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