LT: Baltika revenues up by 16% y/y in Lithuania in November.

By bne IntelliNews December 6, 2010
Estonian apparel retail company Baltika recorded total revenues of LTL 4.1mn (EUR 1.2mn) in Lithuania in November, which indicates increase of 16% y/y. Viktorija Krolyte, head of Baltika Lietuva, indicated that the company has optimised its operations and closed 5 underperforming shops. In Jan-Sep period the company recorded LTL 24.4mn of revenues, which indicates 22% y/y decline. Overall Baltika group revenues in recorded LTL 17.1mn of revenues, up by 8% y/y. In Jan-Nov period the coverall group's revenues stood at LTL 163.1mn, down by 9% y/y.

Related Articles

EE: Estonian Air records EUR 49.2mn loss in 2012.

Estonian national airline Estonian Air recorded net loss of EUR 49.2mn in 2012, up from net loss of EUR 17.3mn in 2011. Operating loss amounted to EUR 35.8mn in 2012. Revenues of the company ... more

LT: Malsena acquires Latvian flour manufacturer Rigas Dzirnavieks.

Lithuanian flour manufacturer Malsena announced that it has acquired Latvian flour manufacturer Rigas Dzirnavieks. The company indicates that with the acquisition it will become the largest flour ... more

EE: Estonian Air to return excess Embraer airplanes.

Estonian national airline Estonian Air announced that it agreed to pay penalties for returning two excess Embraer E190 aircrafts to the manufacturer. The company has started restructuring and ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335
Dismiss