Apranga Group turnover in March 2006
The turnover of Apranga Group made LTL 19581.9 thousand
(EUR 5671.3 thousand) in March 2006 increasing by 45.7%
comparing to the same period last year (LTL 13437.4
thousand (EUR 3891,7 thousand)). This is the most rapid
growth this year despite of unfavorable weather.
In March retail turnover of Apranga Group in Lithuania
grew by 43.9%, in foreign markets – by 49.4%. The share
of foreign sales was 33.9% of total turnover.
In 1st quarter of 2006 the turnover of Apranga Group
retail chain turnover reached LTL 57840.0 thousand
(EUR 16751.6 thousand) growing by 41.3% comparing to the
1st quarter of 2005 (LTL 40928.7 thousand (EUR 11853.8
thousand)).
Apranga Group operates retail clothing stores in 7
largest Baltic cities. In 1st quarter of 2006 the growth
rate of retail turnover in Riga was 56% in Tallinn – 32%,
in Vilnius – 24.6%, in Klaipėda – 2.1 times, in Panevėžys
– 68.9%, and in Šiauliai – 22.2%
Currently Apranga Group runs chain of 51 stores in Lithuania,
Latvia and Estonia. It plans to open 20 more stores by the
end of this year.
In 2006 Apranga Group reached turnover of LTL 200.8 million
(EUR 58.2 million) and earned LTL 11.1 million (EUR 3.2
million) pre-audited profit before taxes.
Apranga Group will announce audited financial reports for
the year 2005 not later than 13 April, 2006.
Rimantas Perveneckas
General Manager
+370 5 2390801
