Apranga Group interim report for three months of 2022
27 April 2022 - 3:41PM
Apranga Group interim report for three months of 2022
The retail turnover (including VAT) of Apranga Group reached EUR
52.6 million in 1st quarter 2022 or by 106.0% more than in 2021 and
by 5.7% more than in 2019.
Covid-19 spread all over the Baltics driven by
Omicron variant had a negative impact on the Group‘s retail
turnover in January-February 2022. In addition, Russia‘s invasion
to Ukraine negatively affected Group‘s retail turnover in February
and the first half of March 2022. In January-March 2021, the retail
turnover was severely affected by Covid-19 related temporary
closure of physical stores, that remained throughout the most part
of the period.
The unaudited consolidated loss before income
tax of Apranga Group amounted to EUR 0.04 million in 3 months 2022,
while Apranga Group had the loss of EUR 2.98 million in the same
period of 2021.
EBITDA of Apranga Group reached EUR 5.1 million
in 3 months 2022, while it amounted to EUR 2.1 million in
corresponding period of 2021.
The unaudited interim consolidated financial
statements of Apranga Group for three months of 2022, as well as
managers’ confirmation letter are ready for acquaintance in the
attachments. The interim information is also available at:
http://aprangagroup.lt/en/investors.
Rimantas PerveneckasApranga Group General
Manager+370 5 2390801
- Confirmation 2022Q1 EN
- FA2022Q1 EN
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