Apranga APB

Company event



The turnover in March and in the first quarter of 2005



The turnover in retail trade of the network of Apranga group in March 2005

reached LTL 13 435.9 thousand and exceeded by 57.9% the turnover in March 2004. 

During the first quarter of 2005, the turnover in retail trade of the network of

Apranga group in Lithuania, Latvia and Estonia totaled LTL 40 927.3 thousand and

exceeded by 54.4% the turnover of the corresponding period in 2004. The

network's retail turnover in Lithuania amounted to LTL 27 751.1 thousand

generating a 20.3% increase.

The turnover of the network of Apranga group in foreign markets (in Latvia and

Estonia) amounted to LTL 13 176.2 thousand and rose by a factor of 3.8. The

specific weight of foreign turnover accounted for 32.2% (in 2004, the retail

trade in foreign markets accounted for 25.5%).

In Q1 2005, the Apranga group opened 3 new stores, investing more than LTL 2.5 m

in them. Presently, the Apranga group is operating 43 stores, including 32 in

Lithuania, 10 in Latvia and 1 in Estonia.

In April, the company is going to reorganize one of its largest stores -

"Apranga" (located in Vilnius, J.Jasinskio 16), where almost  50% or 700 square

meters  of the trading area will be devoted to a sell outlet trading in goods

for children, youth, ladies and men.

In 2004, the turnover in retail trade of the Apranga group totaled LTL 136.6 m

and grew by 44.2%. The leader of Lithuanian retail sellers of wearing apparel

plans a more rapid growth (by 46.4%) in 2005, seeking to exceed the LTL 200 m

retail trade turnover.

The shares of the public trading company Apranga are listed on the Vilnius Stock

Exchange. The Apranga APB is owned by the concern MG Baltic.





Rimantas Perveneckas

Managing Director

(+370 5) 239 08 01