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MAXIMA GRUPĖ turnover grew 2.6% in the first half year

2015 08 05


During the first half of Y2015, the consolidated turnover of MAXIMA GRUPĖ companies grew 2.6 per cent as compared with the same period last year, and reached 1.28 billion Eur without VAT. This year it is planned that companies controlled by MAXIMA GRUPĖ will create about 1500 new work places and invest 87 million Eur into business development and maintenance in Lithuania, Latvia, Estonia, Bulgaria, and Poland.

„The results attained by MAXIMA GRUPĖ companies were brought about by a clear strategy, consistently following the set lines of activity, and seeking to attain the business objectives in each respective country. The results of this first half year are stable regarding the competitiveness of the retail market in the countries we operate in, as well as the change to a new national currency in Lithuania", – Neringa Janavičiūtė, Director General of MAXIMA GRUPĖ says.

MAXIMA Latvija's first half year turnover reached 331 million Euro without VAT and grew 3.7%. At the same time, MAXIMA Eesti OÜ turnover was 213 million Euro without VAT and grew 9.3%. In Lithuania, the turnover of MAXIMA LT company was 0.5% lower in the first half year than at the same time last year, and reached 677 million Euro. This was mostly brought about by the adoption of the Euro and the fall in consumption related with it in the first quarter of the year that stabilized and began growing in the second quarter.

A 6.3% rise took place this first half year in MAXIMA Bulgaria's turnover. It reached 34,5 million Euro without VAT. For the second consecutive year, the greatest leap in turnover was in Poland. Here the turnover of ALDKIK NOVA companies grew 19.4% over the first half year, attaining 21.6 million Euro without VAT.

MAXIMA GRUPĖ is a company, established in 2007, that controls retail stores in Lithuania, Latvia, Estonia, Poland, and Bulgaria. It has a total of 526 "MAXIMA X", "MAXIMA XX", "MAXIMA XXX", "ALDIK", and "T-MARKET" stores: 231 in Lithuania, 147 in Latvia, 75 in Estonia, 46 in Bulgaria, and 27 in Poland.

For more information:
Giedrius Juozapavičius,
Head of Corporate Affairs
MAXIMA GRUPĖ, UAB
Tel.: +370 659 15118
El. p. giedrius.juozapavicius@maximagrupe.eu
www.maximagrupe.eu