Turnover of Apranga Group in December 2018 and total year 2018
The retail turnover (including VAT) of Apranga Group amounted to EUR 23.0 million in December 2018 and has increased by 5.0% in comparison to December 2017.
The turnover of December 2018 is a record monthly turnover of Apranga Group in history.
The retail turnover (including VAT) of Apranga Group totalled EUR 65.1 million in 4th quarter 2018 or by 2.5% more than in 2017. During the 4th quarter 2018 the retail turnover of Apranga Group in Lithuania increased by 4.9% year-on-year, in Latvia decreased by 1.1% and in Estonia decreased by 1.0%.
The unaudited year 2018 retail turnover (including VAT) of Apranga Group reached EUR 226.6 million and has increased by 1.7% comparing to 2017.
In 2018 the retail turnover of Apranga Group in Lithuania was EUR 133.8 million and increased by 2.4% year-on-year. In 2018 the retail turnover of Apranga Group in Latvia reached EUR 52.7 million and decreased by 0.3% year-on-year, in Estonia has made EUR 40.2 million and increased by 2.0% year-on-year.
During the year 2018 Apranga Group opened 8 stores, reconstructed 6 and closed 8 stores. Currently Apranga Group operates the chain of 182 stores covering an area of 82.6 thousand sq. m. Stores area decreased by 2.0% during the year.
Apranga Group plans to reach EUR 242.6 million turnover (including VAT) in 2019, or by 7.0% more than actual the year 2018 turnover.
In 2019 Apranga Group plans to renovate or open 35-40 stores. The net investment is planned to be about EUR 12-15 million.
Apranga Group General Director
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