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Sales in August

02.09.2009

Baltika’s consolidated sales revenue for August totalled 79.4 million kroons and decreased by 36% compared to August previous year. Retail revenue decreased by 29%. At constant exchange rates, retail revenue decreased by 20%. Comparable store sales declined by 37% yoy in August.
 
Sales in August
 
EEK million
8/2009
8/2008
Change
Retail
67.2
95.3
-29%
Wholesale
12.1
29.0
-58%
Other
0.4
0.1
344%
Total
79.9
124.4
-36%
 
In the month of August, retail revenue decreased by 18% in Central Europe, by 30% in the Baltic region and by 30% in Eastern Europe (decline of 0.6% in local currency).
 
Consolidated sales revenue for the first eight months totalled 586 million kroons (-24% yoy), including retail revenue of 533 million kroons (-21%) and wholesale revenue of 51 million kroons (-48%).
 
The number of stores amounted to 145 at the end of the month.
 
EUR 1 = EEK 15.6466
 
 
Ülle Järv
CFO, Member of the Management Board
+372 630 2731