AS BALTIKA ANNOUNCEMENT 02.02.2007
BALTIKA'S SALES IN JANUARY
Baltika's consolidated net sales in January totalled EEK 90.7 million, posting a
growth of 52% yoy. Retail sales grew 59% yoy and amounted to EEK 77.7 million.
Wholesale increased by 18% to EEK 11.9 million.
Sales in January
EEK million 1/2007 1/2006 Change
Retail sales 77.7 48.7 59%
Wholesale 11.9 10.1 18%
Other sales 1.1 1.0 12%
Total 90.7 59.8 52%
Baltika's retail sales grew 212% in Russia, 88% in Ukraine and 64% in Latvia. In
Estonia and Lithuania retail sales expanded by 37% yoy.
In January, Baltika opened a Monton store in Moscow's most popular shopping
centre Ohotniy Ryad. In addition, a new larger Monton shop was opened in Riga's
Spice shopping centre (the old shop was closed). As of the end of January,
Baltika Group operated 113 shops with total sales area of 20,013 square metres.
In the first half of 2007, Baltika plans to open 12-16 new stores. Openings will
mostly take place in Lithuania and Russia.
1 EUR = 15.6466 EEK
Triin Palge
Head of investor relations
+372 630 2886