The retail turnover of Apranga Group for the year 2006 totalled to LTL 299.3
million (EUR 86.7 million), or 49.1% more than in 2005. In 2006 Apranga Group
has reached the highest growth rate in company's history.
The Apranga Group has opened 19 new stores during 2006: 14 in Lithuania, 3 in
Latvia, and 2 in Estonia. Total trading area has increased by 10,000 sq. m.,
investments into new shops totalled LTL 22.4 million (EUR 6.5 million).
The Apranga Group plans intensive expansion in 2007 as well: to reach the
turnover of retail chain of at least LTL 415 million (EUR 120 million), and to
earn at least LTL 31 million (EUR 9 million) of profit before taxes.
Apranga Group is owned by the concern MG Baltic.
Vaidas Savukynas
Apranga Group CFO
+370 5 2390843
