In December 2008 the turnover of Apranga Group in Lithuania grew 7.6%
year-on-year, in Latvia decreased 15.2%, and in Estonia decreased 12.0%.
The retail turnover (including VAT) of Apranga Group has made LTL 509.2 million
(EUR 147.5 million) in 2008. This was by 16.4% more comparing to 2007, and 0.2%
less than planned.
In 2008 the turnover of Apranga Group in Lithuania grew 19.0% year-on-year, in
Latvia grew 9.0%, and in Estonia grew 18.7%.
Currently Apranga Group operates 101 stores in the Baltic States: 71 in
Lithuania, 23 in Latvia, and 7 in Estonia. The Apranga Group opened 21 new
stores and closed 3 stores in 2008.
Shares of Apranga are listed on Baltic equity list on Vilnius Stock Exchange.
Majority shareholder of Apranga Group is concern MG Baltic.
Vaidas Savukynas
Apranga Group CFO
+370 5 2390843
