High turnover growth rates were resulted by successful Christmas trading, start of sales, and new spring-summer 2012 collections sales.
The unaudited retail turnover (including VAT) of Apranga Group has made LTL 429.2 million (EUR 124.3 million) in 2011, and has increased by 13.1% comparing to 2010.
In 2011 the retail turnover of Apranga Group in Lithuania was LTL 273.4 million (EUR 79.2 million), and increased 11.9% year-on-year. In 2011 the retail turnover of Apranga Group in Latvia has made LTL 100.5 million (EUR 29.1 million), and increased 12.5% year-on-year, in Estonia has made LTL 55.3 million (EUR 16.0 million), and increased 20.5% year-on-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.
Rimantas Perveneckas
Apranga Group Director General
+370 5 2390801
