Sales in April
Baltika’s consolidated retail sales revenue for April totalled 4,009 thousand euros and increased by 8% compared to April previous year in a situation where the sales area shrunk by 9%.
In the month of April, retail revenue increased by 15% in Baltic region (in Latvia 23%, in Estonia 22% and in Lithuania 1%). Retail sales revenue in the Eastern Europe region decreased by 3% (including 3% increase in Russia and 13% decrease in Ukraine).
In the month of April, comparable stores sales (LFL) per square metre increased by 18%. Biggest growth was in Estonia and Latvia (+23%), in Lithuania (+18%), in Russia (+17%) and in Ukraine (+5%). Retail sales efficiency (sales/m²) increased in April by 18%.
Baltika’s consolidated sales revenue for April totalled 4,256 thousand euros and increased by 8% compared to April previous year.
Sales in April
|
EUR thousand |
4/2011 |
4/2010 |
Change |
|
Retail |
4,009 |
3,712 |
8% |
|
Wholesale |
209 |
174 |
20% |
|
Other |
38 |
38 |
0% |
|
Total |
4,256 |
3,924 |
8% |
At the end of April Baltika Group had 116 stores with a total sales area of 23,582 square metres, 12 stores less than in April 2010.
Consolidated sales revenue for the first four months totalled 16,030 thousand euros (7% yoy), including retail revenues of 14,763 thousand euros (8%) and wholesale revenues of 1,054 thousand euros (-12%).
Maigi Pärnik
Member of the Management Board
maigi.parnik@baltikagroup.com
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