OREANDA-NEWS. The unaudited year 2014 retail turnover (including VAT) of Apranga Group reached EUR 183.5 million (LTL 633.5 million), and has increased by 8.5% comparing to 2013.

In 2014 the retail turnover of Apranga Group in Lithuania was EUR 110.9 million (LTL 383.0 million), and increased 4.5% year-on-year. In 2014 the retail turnover of Apranga Group in Latvia reached EUR 47.3 million (LTL 163.3 million), and increased 12.5% year-on-year, in Estonia has made EUR 25.2 million (LTL 87.2 million), and increased 20.9% year-on-year.

The retail turnover (including VAT) of Apranga Group totalled EUR 51.4 million (LTL 177.5 million) in 4th quarter 2014 or by 8.3% more than in 2013. During the 4th quarter 2014 the retail turnover of Apranga Group in Lithuania increased 6.2% year-on-year, in Latvia increased by 6.2% and in Estonia by 23.7%.

The retail turnover (including VAT) of Apranga Group amounted to EUR 17.0 million (LTL 58.8 million) in December 2014, and has increased by 0.5% in comparison to December 2013.

During the year 2014 Apranga Group opened 20 stores, reconstructed 8 and closed 7 stores. Currently Apranga Group operates the chain of 161 stores covering an area of 73.2 thousand sq. m. Stores area increased by 5.1% during the year.

Apranga Group plans to reach EUR 204 million (LTL 704 million) turnover (including VAT) in 2015, or by 11% more, than actual the year 2014 turnover.

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