Baltika
Sales in August
Baltika / 02.09.2009 Dissemination 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 August totalled 79.7 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 | 79.7 | 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 News Source: NASDAQ OMX 02.09.2009 Financial News transmitted by DGAP --------------------------------------------------------------------------- Language: English Company: Baltika Estonia Phone: Fax: E-mail: Internet: ISIN: EE3100003609 WKN: End of News DGAP News-Service ---------------------------------------------------------------------------
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