Baltika’s consolidated sales revenue for August totalled 4,701 thousand euros and decreased by 1% compared to same period in previous year.
Baltika’s consolidated retail sales revenue for August totalled 4,157 thousand euros, which is a decrease of 4% compared to the same period in previous year. Wholesale and e-com sales increased by 40% compared to August in previous year.
Sales in August
| EUR thousand | 2013 | 2012 | Change |
| Retail | 4,157 | 4,350 | -4% |
| Wholesale and e-com | 521 | 373 | 40% |
| Other | 23 | 18 | 28% |
| Total | 4,701 | 4,741 | -1% |
Retail sales in three Baltic countries remained at the last year level. Retail sales decreased in Russia by 18% and in Ukraine by 7%. In local currency sales decreased in Russia by 9% and in Ukraine sales increased by 1%.
At the end of August Baltika Group had 117 stores with a total sales area of 23,030 square metres, month average sales area increased by 7% compared to same period last year.
Consolidated sales revenue for the 8 months totalled 36,964 thousand euros (+6% yoy), including retail revenues of 34,589 thousand euros (+7% yoy, including Baltic countries 12%) and wholesale and e-com revenues of 2,289 thousand euros (+11% yoy).
Baltika Group has opened the first Blue Inc London store in Baltics – in the Origo shopping centre in Riga. In September another brand shop will be opened in Valmiera, Latvia and the third one at the beginning of October in Tallinn, Estonia – in the Rocca al Mare shopping centre.
Maigi Pärnik
Member of the Management Board
maigi.parnik@baltikagroup.com