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.
Read in IntelliNews Pro
Get IntelliNews Pro

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

Follow Us On

Most Read

  1. Saudi Arabia to scale back plans for Neom city
    6 days ago
  2. Albanians campaign on social media to keep bus bridge created in freak accident
    1 year ago
  3. Iran vs Israel: Who is better equipped for war?
    2 days ago
  4. The ruble overtakes the yuan as Russia's main currency for settling international trade deals
    7 days ago
  5. Leading emerging markets move rapidly up World Bank’s PPP GDP and FDI confidence rankings
    7 days ago
  1. Russia could pay off its entire external debt tomorrow, in cash
    17 days ago
  2. Speculation swirls of “Men in Blue” in Crocus City Hall terrorist attack linked to FSB
    21 days ago
  3. Albanians campaign on social media to keep bus bridge created in freak accident
    1 year ago
  4. UBN: Russia could take the Baltic states in 48 hours
    26 days ago
  5. BRICS announce a blockchain-based payment system to create a common currency
    19 days ago

Reports

Dismiss