Apranga Group reported turnover results for the month of December 2018 and for the fourth quarter of 2018. The retail turnover (including VAT) of Apranga Group amounted to EUR 23.0 million in December 2018 and has increased by 5.0% in comparison to December 2017.

The retail turnover (including VAT) of Apranga Group totaled EUR 65.1 million in fourth quarter 2018 or by 2.5% more than in 2017. During the fourth quarter 2018 the retail turnover of Apranga Group in Lithuania increased by 4.9% year-on-year, in Latvia decreased by 1.1% and in Estonia decreased by 1.0%.

The unaudited year 2018 retail turnover (including VAT) of Apranga Group reached EUR 226.6 million and has increased by 1.7% comparing to 2017.

Apranga Group plans to reach EUR 242.6 million turnover (including VAT) in 2019, or by 7.0% more than actual the year 2018 turnover.

In 2019 Apranga Group plans to renovate or open 35-40 stores. The net investment is planned to be about EUR 12-15 million.