LT: Rimi Baltic revenues up by 3.7% y/y in Q1.

By bne IntelliNews May 10, 2012
Retail network Rimi Baltic recorded LTL 939mn (EUR 272mn) revenues in the Baltic States in Q1, which indicates 3.7% y/y increase, the company announced. Comparing identical stores, revenues growth stood at 2% y/y in Q1. Lithuanian Rimi retail network recorded revenues of EUR 53mn, up by 5.2% y/y. Comparing identical stores y/y in Q1 the growth amounted to 4.0% y/y. In Estonia revenues amounted to EUR 84mn, up by 2.3% y/y. In Latvia revenues stood at EUR 135mn, up by 4% y/y. Comparing identical stores growth in Estonia stood at 0.9% y/y in Estonia, and 1.8% y/y in Latvia. Rimi Baltic operated 46 stores in Lithuania, 111 in Latvia, and 82 in Estonia.

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