OREANDA-NEWS. The unaudited year 2015 retail turnover (including VAT) of Apranga Group reached EUR 198.9 million, and has increased by 8.4% comparing to 2014.

In 2015 the retail turnover of Apranga Group in Lithuania was EUR 120.8 million, and increased 8.9% year-on-year. In 2015 the retail turnover of Apranga Group in Latvia reached EUR 48.5 million, and increased 2.5% year-on-year, in Estonia has made EUR 29.6 million, and increased 17.3% year-on-year.

The retail turnover (including VAT) of Apranga Group totalled EUR 57.0 million in 4th quarter 2015 or by 10.8% more than in 2014. During the 4th quarter 2015 the retail turnover of Apranga Group in Lithuania increased 11.8% year-on-year, in Latvia increased by 5.0% and in Estonia by 16.9%.

The retail turnover (including VAT) of Apranga Group amounted to EUR 18.8 million in December 2015, and has increased by 10.3% in comparison to December 2014.

During the year 2015 Apranga Group opened 16 stores, reconstructed 9 and closed 8 stores. Currently Apranga Group operates the chain of 169 stores covering an area of 78.6 thousand sq. m. Stores area increased by 7.3% during the year.

Apranga Group plans to reach EUR 214 million turnover (including VAT) in 2016, or by 7.6% more, than actual the year 2015 turnover.

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