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Rimi Baltic turnover grew by 5.2% in Q4
BC, Riga, 14.02.2014.
Print version
Print versionRetail trade company Rimi Baltic turned over EUR 322 million in the fourth quarter of 2013, a 5.2% increase on the respective period in 2012, according to an announcement by Rimi Baltic parent company ICA Gruppen, cites LETA.
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Rimi Baltic turnover grew mostly thanks to the company's successful operations in Latvia and Lithuania.
Rimi Baltic achieved EUR 1.2 billion in turnover in 2013, a 3.5% increase on 2012.
In Latvia, Rimi sales reached EUR 164 million in the fourth quarter of 2013 (excluding VAT), a 7.2% increase on the corresponding period in 2012.
In Lithuania, Rimi sales grew 6.7% and amounted to EUR 60 million. In Estonia, the company's sales rose 0.9% and constituted EUR 94 million.
Compared to 2012, Rimi turnover grew 6% and amounted to EUR 609 million in Latvia in 2013. In Estonia, the company's turnover rose 0.5% to EUR 361 million. In Lithuania, Rimi turnover grew 1.4% to EUR 217 million.
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