Vilnius, Lithuania, 2018-01-03 11:00 CET (GLOBE NEWSWIRE) --
The unaudited year 2017 retail turnover (including VAT) of Apranga Group
reached EUR 222.9 million, and has increased by 4.0% comparing to 2016.
In 2017 the retail turnover of Apranga Group in Lithuania was EUR 130.6
million, and increased by 3.1% year-on-year. In 2017 the retail turnover of
Apranga Group in Latvia reached EUR 52.8 million, and increased by 3.4%
year-on-year, in Estonia has made EUR 39.4 million, and increased by 8.4%
year-on-year.
The retail turnover (including VAT) of Apranga Group totalled EUR 63.5 million
in 4th quarter 2017 or by 5.2% more than in 2016. During the 4th quarter 2017
the retail turnover of Apranga Group in Lithuania increased by 3.4%
year-on-year, in Latvia increased by 6.6% and in Estonia by 9.6%.
The retail turnover (including VAT) of Apranga Group amounted to EUR 21.9
million in December 2017, and has increased by 7.7% in comparison to December
2016. The turnover of December 2017 is a record monthly turnover of Apranga
Group in history.
During the year 2017 Apranga Group opened 6 stores, reconstructed 6 and closed
7 stores. Currently Apranga Group operates the chain of 182 stores covering an
area of 84.3 thousand sq. m. Stores area increased by 0.7% during the year.
Apranga Group plans to reach EUR 231 million turnover (including VAT) in 2018,
or by 3.6% more, than actual the year 2017 turnover.
Rimantas Perveneckas
Apranga Group Director General
+370 5 2390801© 2018 GlobeNewswire
