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Saturday, 27.04.2024, 04:57
Apranga ups 9-months profits by 33%
BC, Tallinn, 30.10.2017.
Print version
Print versionApranga, the largest Baltic clothing retailer controlled by MG Baltic concern, posted a consolidated profit of 10.522 million euros in the first nine months of 2017, up by 32.9%, from 7.918 million euros, year-on-year, the company said via the Nasdaq Vilnius stock exchange, cites LETA/BNS.
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The Apranga group's sales stood
at 130.043 million euros in January through September, which indicates an
increase by 5.3% from the same period of 2016. The chain's turnover grew by 4.9%
to 75.861 million euros in Lithuania, by 3.3% to 30.672 million euros in Latvia
and by 9.5% to 23.51 million euros in Estonia.
The group's EBITDA went up by 24.2% to 1 7.524 million euros in the first
three quarters of 2017 year-on-year, while the EBITDA margin widened by 2.1% to
13.5%.
Apranga's investments
stood at 5.4 million euros this year, including 1.4 million euros invested
within the third quarter.
Apranga's shares are
quoted on the blue-chip Main List of the Nasdaq Vilnius stock exchange.
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