MAXIMA GRUPĖ investment in 2014 exceeds net profit

In 2014 MAXIMA GRUPĖ companies‘ annual investment into business development and sustainment has increased by 8,7 percent and reached more than 62 million euros. Consolidated net after tax profit of the group companies decreased by 1 percent, compared to 2013, and reached 59 million euros. The profit makes for 2.3 percent of consolidated sales revenue, which reached 2.59 billion euros without taking into account VAT.

„In the course of the last year our group channeled more resources into business development and sustainment than it has earned net profit. Aiming to meet rising customers‘ expectations, MAXIMA GRUPĖ enterprises pursued targeted growth, qualitative renovation of stores and increased competitiveness”, - said Neringa Janavičiūtė, General Director of MAXIMA GRUPĖ.

By the end of this year enterprises under MAXIMA GRUPĖ plan to create more than 1000 new work places, to open 28 new and renovate 16 existing stores as well as to complete construction of the logistics center in Estonia.

MAXIMA GRUPĖ, UAB is a holding company, established in 2007, that controls retail stores in Lithuania, Latvia, Estonia, Poland, and Bulgaria. It operates 525 stores MAXIMA X, MAXIMA XX, MAXIMA XXX, ALDIK and T-MARKET: 231 of them are located in Lithuania, 147 in Latvia, 75 in Estonia, 45 in Bulgaria and 27 in Poland.

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

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