Apranga APB Group is further increasing growth rate
The turnover of Apranga APB Group in May 2005 in Lithuania, Latvia and
Estonia is LTL 14 156.4 thousand (EUR 4 100.0 thousand) and increased
by 77.5%. The turnover of Apranga APB Group in May 2004 was
LTL 7 975.2 thousand (EUR 2 309.8 thousand). The turnover of
Apranga APB Group in May 2005 increased in all cities where operating,
including two main cities – Vilnius (47.9%) and Riga (2.9 times).
The turnover of Apranga APB Group in January-May period is
LTL 70 693.5 thousand (EUR 20 474.3 thousand), and increased by
LTL 27 601.1 thousand (EUR 7 993.8 thousand) or 64.1% comparing to
correspondent period of the last year.
The turnover of Apranga APB Group in Lithuania is LTL 47 254.1 thousand
(EUR 13 685.7 thousand) and increased by 26.6%. The turnover in foreign
markets is LTL 23 439.3 thousand (EUR 6 788.5 thousand) and increased
more than 4 times. The share of the foreign markets turnover in the all
Group turnover increased since 13.4% till 33.1% during the year.
The highest growth rates Apranga APB Group reached during most
profitable in clothing business months of the first half of the year – April
(growth of 81.5%) and May (77.5%).
During January-May period Apranga APB Group has already opened 3 new
stores and restructured one. Till the end of the year Apranga APB Group
is planning to open another 7 stores.
Rimantas Perveneckas
General manager
(8-5) 2390 801
