Sales in October


Baltika’s consolidated sales revenue for October totalled 5,162 thousand euros and increased by 1% compared to October previous year.

Baltika’s consolidated retail sales revenue for October totalled 4,944 thousand euros, which is an increase by 1% compared to the same period in previous year in a situation where the sales area shrunk by 6%. Retail sales efficiency (sales/m²) increased in October by 8%.

The sales growth was in Lithuania 11%, Latvia 8% and Estonia 7%. Retail sales decreased in Ukraine by 13% and in Russia by 12%.

In the month of October, comparable stores sales (LFL) per square metre increased by 7%. Growth was achieved in Russia (+13%), Lithuania (+10%), Latvia (+10%) and Estonia (+5%), sales decreased in Ukraine (-3%). In local currencies, comparable store sales per square metre increased in Russia by 6% and decreased in Ukraine by 8%.

Wholesale increased in October by 34% compared to same period last year.

Sales in October      
EUR thousand 2012 2011 Change
Retail 4,944 4,880 1%
Wholesale 200 149 34%
Other 18 73 -75%
Total 5,162 5,102 1%

At the end of October Baltika Group had 106 stores with a total sales area of 21,536 square metres.
Consolidated sales revenue for the first ten months totalled 45,307 thousand euros (+5% yoy), including retail revenues of 42,081 thousand euros (+5% yoy) and wholesale revenues of 2,555 thousand euros (+9% yoy).

Ten months retail sales efficiency increased by 13%, compared to the same period last year.

Sales efficiency (sales/m²) 10m 2012
Latvia 21%
Russia 14%
Estonia 11%
Lithuania 9%
Ukraine 5%
Total 13%

Maigi Pärnik
Member of the Management Board
maigi.parnik@baltikagroup.com