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Published: 2012-04-02 08:59:08 CEST
Apranga
Investor News

Turnover of Apranga Group in March 2012 and 1st quarter 2012

Vilnius, Lithuania, 2012-04-02 08:59 CEST -- Retail turnover (including VAT) of the Apranga Group has made LTL 38.9 million (EUR 11.3 million) in March 2012, and has increased by 34.6% comparing to March 2011.

The retail turnover (including VAT) of Apranga Group has made LTL 108.2 million (EUR 31.3 million) in January through March 2012 or by 25.4% more than in 2011.

In January-March 2012, the retail turnover of the Apranga Group in Lithuania increased 24.7% year-to-year, in Latvia increased 30.1% and in Estonia 19.9%.

During 1st quarter 2012, Apranga Group opened 6 new stores, 3 reconstructed and closed 1 store.

Currently Apranga Group operates the chain of 126 stores (83 in Lithuania, 32 in Latvia and 11 in Estonia) covering the gross area of 65.6 thousand sq. m., or by 3.6% more than at the end of 1st quarter 2011.

Shares of Apranga are listed on Baltic equity list on NASDAQ OMX Vilnius Stock Exchange. Majority shareholder of Apranga Group is concern MG Baltic.

         Rimantas Perveneckas
         Apranga Group Director General
         +370 5 2390801