Apranga Group announces 11.5% increase in March 2017 Retail turnover vs. same month last year

Vilnius, Lithuania, 2017-Apr-05 — /EPR Retail News/ — Retail turnover (including VAT) of Apranga Group amounted to EUR 16.1 million in March 2017, and has increased by 11.5% comparing to March 2016.

The retail turnover (including VAT) of Apranga Group reached EUR 47.8 million in January through March 2017 or by 8.4% more than in 2016.

In January-March 2017, the retail turnover of Apranga Group in Lithuania increased by 6.5% year-to-year, in Latvia increased by 4.6% and in Estonia by 21.8%.

During 1st quarter 2017, Apranga Group extended and renovated 2 stores: Bershka store in Kaunas Akropolis shopping center and City store in Riga Spice shopping center.

Currently Apranga Group operates the chain of 183 stores (107 in Lithuania, 47 in Latvia and 29 in Estonia) covering the gross area of 83.9 thousand sq. m., or by 6.3% more than at the end of 1st quarter 2016.

Rimantas Perveneckas
Apranga Group Director General
+370 5 239

CONTACT FOR INVESTORS:
Saulius Bačauskas
APB Apranga Finance and Economics Director
Tel. +370 5 2390 808, +370 5 2390 843
Fax. +370 5 2390 800
E-mail: s.bacauskas@apranga.lt

Source: Apranga/globenewswire