„Apranga” Group monthly retail turnover for the first time
exceeded LTL 30 million
The turnover of „Apranga” Group, the leader of retail apparel market
in Lithuania and Baltic states, reached LTL 31.1 million
(EUR 9.0 million) (VAT included) in September 2006 increasing by
62.2% comparing to the same period last year ( LTL 19.2 million,
respectively EUR 5.6 million). For the first time, monthly turnover
of „Apranga” Group exceeded LTL 30 million (EUR 8.7 million).
Turnover growth in September was 62.2% - the biggest this year.
Retail turnover of „Apranga” Group in September 2006 in Lithuania
was LTL 21.0 million (EUR 6.1 million) and increased by even 74.7%.
Retail turnover of „Apranga” Group through the first three quarters
of 2006 was LTL 203.1 million (EUR 58.8 million) and increased by
47.4%, as compared to same period of year 2005 (LTL 137.8 million,
respectively EUR 39.9 million).
Retail turnover of „Apranga” Group in January through September
2006 increased by 48.2% in Lithuania , by 52.8% in Latvia, and by
31.3% in Estonia.
Consolidated unaudited profit before taxes of the „Apranga” Group
in January through August 2006 has made LTL 9.6 million
(EUR 2.8 million), or 2.7 times more than during the same
period last year.
„Apranga” Group has already opened 14 new stores in 2006, and
owns a chain of 62 stores. 3 new stores are to be opened in
October 2006.
„Apranga” Group belongs to the concern MG Baltic.
Rimantas Perveneckas
General Manager
+370 5 2390808
