Apranga Group's Remarkable Financial Performance in 2024
Apranga Group has demonstrated an impressive retail turnover, achieving EUR 354.2 million in the span of twelve months in 2024. This notable figure reflects an 8.5% increase compared to the previous year, highlighting the company's strong market position and customer demand.
Profit Growth and Financial Highlights
The unaudited consolidated profit before income tax for Apranga Group stood at EUR 19.4 million for the year ending in 2024. Although this shows a decline from EUR 20.3 million recorded in 2023, it nonetheless underscores the group's sustained profitability amidst a competitive retail landscape.
EBITDA Performance
In 2024, the Group's earnings before interest, taxes, depreciation, and amortization (EBITDA) reached EUR 41.5 million. This marks a 1.3% uptick compared to 2023, indicating effective cost management strategies and operational efficiency as key contributors to maintaining profitability.
Access to Financial Reports and Manager Insights
Investors and other interested parties can review the detailed unaudited interim consolidated financial statements and reports made available by Apranga Group. These documents provide vital insights into the group's performance over the last twelve months.
Contact Information
For any inquiries, Rimantas Perveneckas, General Manager of Apranga Group, can be reached at +370 5 2390801. He is available to discuss any questions or provide further information regarding the group's recent financial performance.
Conclusion and Future Outlook
As Apranga Group looks forward to future quarters, it remains focused on enhancing its retail strategies while navigating the ever-evolving marketplace. The positive growth trajectory in turnover, despite the slight dip in profits, indicates the brand's resilience and commitment to serving its customers effectively.
Frequently Asked Questions
What is Apranga Group's turnover for 2024?
In 2024, Apranga Group achieved a retail turnover of EUR 354.2 million, marking an 8.5% growth year-on-year.
How much profit did Apranga Group generate before tax in 2024?
The Group's unaudited profit before income tax for the year 2024 amounted to EUR 19.4 million.
What was the EBITDA for Apranga Group in 2024?
Apranga Group's EBITDA reached EUR 41.5 million for the year, showing a 1.3% increase compared to 2023.
Where can I find Apranga Group's financial reports?
The unaudited financial statements and interim report for Apranga Group are accessible for review on their official website for investors.
Who can I contact for more information about Apranga Group?
Rimantas Perveneckas, General Manager of Apranga Group, is available at +370 5 2390801 for any inquiries related to the company's performance and strategy.
