Baltika
Sales in July
Baltika / Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- 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 July. 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 News Source: NASDAQ OMX 03.08.2009 Financial News transmitted by DGAP ---------------------------------------------------------------------- Language: English Issuer: Baltika Estonia Phone: Fax: E-mail: Internet: ISIN: EE3100003609 WKN: End of News DGAP News-Service ---------------------------------------------------------------------------
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