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.
Notice: Undefined index: social in /var/www/html/application/views/scripts/index/article.phtml on line 259

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