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Apranga APB Issues FY 2013 Turnover Guidance above Analysts’ Estimates; Announces Expansion Plans for 2013


Thursday, 20 Dec 2012 07:00pm EST 

RIA Oreanda-News reported that Apranga APB plans to reach LTL 589 million (EUR 170.6 million) turnover, including value-added tax, in 2013, or by about 12% more, than expected the year 2012 turnover. According to I/B/E/S Estimates, the analysts are on average expecting the Company to report for fiscal year 2013 revenue of LTL 483,050,000. RIA Oreanda-News also reported that Apranga APB also plans to open or reconstruct between 15 and 17 stores during 2013. The investments are planned to amount to about between LTL 18 million and LTL 22 million (EUR 5.2 million and EUR 6.4 million). 

Company Quote

2.66
-0.03 -1.12%
27 Nov 2014