Home / Knowledge / News / Apparel/Garments / Baltika's revenues up 7% in Q4
Baltika's revenues up 7% in Q4
Jan '11
Baltika's consolidated retail sales revenue for December totalled 4.8 million euros and increased by 11% compared to December previous year in a situation where the sales area shrunk by 9%.

In the month of December, retail revenue increased by 18% in Eastern Europe region (in Russia 19% and in Ukraine 18%). Retail sales revenue in the Baltic region increased by 7% (18% in Latvia and 12% in Estonia).

In the month of December, comparable stores sales per square metre increased the most in Ukraine (+45%), Russia (+20%), Latvia (+12%) and Estonia (+10%).

Baltika's consolidated sales revenue for December totalled 4.9 million euros and increased by 11% compared to December previous year.

Baltika's revenues in the fourth quarter of 2010 totalled 15.1 million euros and increase by 7% compared with the fourth quarter of 2009. Retail sales increased by 7% and wholesale revenue by 1% yoy.

In terms of regions, Baltika's fourth quater retail sales increased by 8% in Eastern Europe and the Baltic region.

In full year 2010, the preliminary unaudited sales of Baltika Group amounted to 52.2 million euros (-8% yoy), including retail sales of 48.6 million euros (-6%) and wholesale of 3.0 million euros (-31%).

At the end of December 2010, Baltika Group had 120 stores with a total sales area of 24,424 square metres, 13 stores less than in 2009. 6 stores were opened and 19 closed during 2010.

Baltika AS.

Must ReadView All

Textiles | On 22nd Apr 2017

Strong rupee & weak trade to affect textile exporters

Textile and apparel exporters' earnings and EBITDA margins will be...

Textiles | On 22nd Apr 2017

Myntra acquires InLogg

With an aim to strengthen supply chain and logistics, Flipkart-owned...

Textiles | On 22nd Apr 2017

Aditya Birla Group launches new variant Liva Crème

After its successful launch of high quality fabric Liva in 2015,...

Interviews View All

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Nitin Bhatia
Trend Arrest

Setting up a brand for online selling is easy, but running the brand is not

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Rupa Sood and Sharan Apparao

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search