Last update: 06.07.2024 20:12 (GMT+3)

APG: Apranga APB Group is further increasing growth rate

03.06.2005, Apranga, VLN
APRANGA APB	STOCK EXCHANGE RELEASE	2005.06.01

Apranga APB Group is further increasing growth rate

The turnover of Apranga APB Group in May 2005 in Lithuania, Latvia and
Estonia is LTL 14 156.4 thousand (EUR 4 100.0 thousand) and increased
by 77.5%. The turnover of Apranga APB Group in May 2004 was
LTL 7 975.2 thousand (EUR 2 309.8 thousand). The turnover of
Apranga APB Group in May 2005 increased in all cities where operating,
including two main cities – Vilnius (47.9%) and Riga (2.9 times).
The turnover of Apranga APB Group in January-May period is
LTL 70 693.5 thousand (EUR 20 474.3 thousand), and increased by
LTL 27 601.1 thousand (EUR 7 993.8 thousand) or 64.1% comparing to
correspondent period of the last year.
The turnover of Apranga APB Group in Lithuania is LTL 47 254.1 thousand
(EUR 13 685.7 thousand) and increased by 26.6%. The turnover in foreign
markets is LTL 23 439.3 thousand (EUR 6 788.5 thousand) and increased
more than 4 times. The share of the foreign markets turnover in the all
Group turnover increased since 13.4% till 33.1% during the year.
The highest growth rates Apranga APB Group reached during most
profitable in clothing business months of the first half of the year – April
(growth of 81.5%) and May (77.5%).
During January-May period Apranga APB Group has already opened 3 new
stores and restructured one. Till the end of the year Apranga APB Group
is planning to open another 7 stores.

Rimantas Perveneckas
General manager
(8-5) 2390 801


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