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Sales in July

03.08.2009

Baltika’s consolidated sales revenue for July totalled 70,9 million kroons and decreased by 27% compared to July previous year. Retail revenue decreased by 26%. At constant exchange rates, retail revenue decreased by 18%. Comparable store sales declined by 33% yoy in June
 
Sales in July
 
EEK million
7/2009
7/2008
Change
Retail
64.7
87.2
-26%
Wholesale
5.9
9.2
-36%
Other
0.3
0.2
-67%
Total
70.9
96.6
-27%
 
In the month of July, retail revenue decreased by 21% in Central Europe, by 25% in the Baltic region and by 29% in Eastern Europe (decline of 6% in local currency).
 
Consolidated sales revenue for the first seven months totalled 506 million kroons (-22% yoy), including retail revenue of 466 million kroons (-19%) and wholesale revenue of 39 million kroons (-44%).
 
The number of stores amounted to 144 at the end of the month.
 
EUR 1 = EEK 15.6466
 
 
Ülle Järv
CFO, Member of the Management Board
+372 630 2731