Apranga Group Reports Sales Results for the Month, Fourth Quarter and Year Ended December 2013; Provides Sales Guidance for the Fiscal Year 2014
In 2013 the retail turnover of the company in Lithuania was LTL 366.6 million (EUR 106.2 million), and increased 8.5% year-on-year. In 2013 the retail turnover of the company in Latvia reached LTL 145.2 million (EUR 42.0 million), and increased 15.5% year-on-year, in Estonia has made LTL 72.1 million (EUR 20.9 million), and increased 9.0% year-on-year.
The retail turnover (including VAT) of the company totaled LTL 164.0 million (EUR 47.5 million) in 4th quarter 2013 or by 9.6% more than in 2012. During the 4th quarter 2013 the retail turnover of the company in Lithuania increased 5.0% year-on-year, in Latvia increased by 22.8% and in Estonia by 9.3%.
The company plans to reach LTL 628 million (EUR 182 million) turnover (including VAT) in 2014, or by about 7.5% more, than actual the year 2013 turnover.