OREANDA-NEWS. Baltika’s consolidated sales revenue for January totalled 4,241 thousand euros, decreasing by 12% compared to the same period last year.

Baltika’s consolidated retail sales revenue for January was 3,715 thousand euros, decreasing in total in four markets by 11% compared to the same period last year. Wholesale decreased by 24% and e-com increased by 11% compared to January in previous year.

Sales in January

EUR thousand 2016 2015 Change
Retail 3,715 4,173 -11%
Wholesale 415 545 -24%
E-com sales 108 97 11%
Other 3 8 -63%
Total 4,241 4,823 -12%

Retail sales in the Baltic states for January decreased by 8% compared to the same period last year thereof decrease in Estonia 7%, in Lithuania 8% and in Latvia 11%. Retail sales in euros in Russia decreased by 33% compared to same period previous year. In local currency retail sales decreased in Russia by 27%. In the same period sales area in Russia decreased by 26%.

At the end of January Baltika Group had 132 stores, among which franchise stores: 5 in Russia, 6 in Spain, 2 in Belarus and 15 in Ukraine. At the end of month there was 104 shops operated by Baltika, shops average month sales area decreased by 2% compared to the same period last year.