The retail turnover (including VAT) of Apranga Group amounted to EUR 23.0 million in December 2018 and has increased by 5.0% in comparison to December 2017.
The turnover of December 2018 is a record monthly turnover of Apranga Group in history.
The retail turnover (including VAT) of Apranga Group totalled EUR 65.1 million in 4th quarter 2018 or by 2.5% more than in 2017. During the 4th quarter 2018 the retail turnover of Apranga Group in Lithuania increased by 4.9% year-on-year, in Latvia decreased by 1.1% and in Estonia decreased by 1.0%.
The unaudited year 2018 retail turnover (including VAT) of Apranga Group reached EUR 226.6 million and has increased by 1.7% comparing to 2017.
In 2018 the retail turnover of Apranga Group in Lithuania was EUR 133.8 million and increased by 2.4% year-on-year. In 2018 the retail turnover of Apranga Group in Latvia reached EUR 52.7 million and decreased by 0.3% year-on-year, in Estonia has made EUR 40.2 million and increased by 2.0% year-on-year.
During the year 2018 Apranga Group opened 8 stores, reconstructed 6 and closed 8 stores. Currently Apranga Group operates the chain of 182 stores covering an area of 82.6 thousand sq. m. Stores area decreased by 2.0% during the year.
Apranga Group plans to reach EUR 242.6 million turnover (including VAT) in 2019, or by 7.0% more than actual the year 2018 turnover.
In 2019 Apranga Group plans to renovate or open 35-40 stores. The net investment is planned to be about EUR 12-15 million.
Rimantas Perveneckas
Apranga Group General Director
+370 5 2390801
