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BLT: Sales in March

Spekuliantai.lt | 2010-04-06 | NASDAQ OMX biržų naujienos | perskaitė: 1181
Raktiniai žodžiai: Baltika, BLT
BLT: Sales in March

Baltika Company Announcement 06.04.2010

Sales in March

Baltika's consolidated retail sales revenue for March 2010 totalled 52.5 million
kroons.
Retail sales in March, compared to a year ago, clearly show the continued
improvement we have experienced in the business in the last five months: sales
for November were -32%, December -26%, January -22% and February -20%, March
-16%.In Estonia (our biggest Market by revenue) sales in the last two month were
level with the same period in 2009. The retail sales in Russia increased by 2%
in March compared to the same period in last year.
In the month of March, retail sales decreased by 13% in Eastern Europe, 15% in
Baltic and 16% in Poland.

Baltika's consolidated revenue for March totalled 58.0 million kroons and
decreased by 15%.

Sales in March

--------------------------------------------------------------------------------
| EEK million | 3/2010 | 3/2009 | Change |
--------------------------------------------------------------------------------
| Retail | 52.5 | 62.5 | -16% |
--------------------------------------------------------------------------------
| Wholesale | 5.0 | 5.5 | -9% |
--------------------------------------------------------------------------------
| Other | 0.5 | 0.1 | |
--------------------------------------------------------------------------------
| Total | 58.0 | 68.1 | -15% |
--------------------------------------------------------------------------------

In the month of March, Wholesale revenue decreased by 9%. The decline in
wholesale revenue is largely attributable to developments in the Russian market
where a wholesale partner's seven stores were taken over and integrated into
Baltika's retail system in May 2009.

Consolidated sales revenue for the first three months totalled 173 million
kroons (-22% yoy), including retail revenues of 156 million kroons (-20%) and
wholesale revenues of 16 million kroons (-41%).

One store was opened in Latvia in March. The number of stores amounted to 131 at
the end of the month (133 stores at the end of March 2009).

EUR 1 = EEK 15.6466

Starting from April 2010 AS Baltika reports quarterly sales instead of monthly
sales.

Ülle Järv
CFO, Member of the Management Board
+372 630 2731

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