Published: 2018-07-02 09:17:07 CEST
Apranga
Investor News

Turnover of Apranga Group in June 2018

The retail turnover (including VAT) of the Apranga Group reached EUR 18.1 million in June 2018, and has increased by 2.5% comparing to June 2017.

The retail turnover (including VAT) of Apranga Group amounted to EUR 54.7 million in 2nd quarter 2018 or by 6.3% more than in 2017.

The retail turnover (including VAT) of Apranga Group was EUR 101.2 million in January through June 2018 or by 2.0% more than in 2017.

In January-June 2018, the retail turnover of Apranga Group in Lithuania was EUR 58.9 million, and increased by 0.8% year-on-year.

In 1st half 2018 the retail turnover of Apranga Group in Latvia amounted to EUR 23.9 million, and increased by 1.6% year-on-year.

In 1st half 2018 the retail turnover of Apranga Group in Estonia was EUR 18.5 million, and increased by 6.6% year-on-year.

Currently Apranga Group operates the chain of 183 stores (110 in Lithuania, 44 in Latvia and 29 in Estonia) covering the gross area of 84.4 thousand sq. m., or by 0.4% less than a year ago.

During the six months of 2018 Apranga Group opened three stores: Orsay and Oysho stores in Akropolis shopping center in Vilnius and Calvin Klein Underwear store in Akropolis shopping center in Klaipeda. During the reporting period, the Group extended and renovated three stores: Apranga and City stores in Panorama shopping center in Vilnius, and Apranga store in Akropolis shopping center in Šiauliai. It was also closed two stores in Latvia.

At the end of April 2018, Apranga Group moved to new administrative and warehouse premises, at Ukmerges str. 362, Vilnius.

Saulius Bačauskas
Apranga Group CFO
+370 5 2390843