Baltika of Estonia Says June Revenue Fell 4% on Russia, Ukraine
By Aaron Eglitis -
2011-07-04T14:37:40Z
AS Baltika, the third-largest Baltic clothing company, said revenue fell 4 percent in June from a year earlier, as sales in Russia and Ukraine dropped.
Revenue declined to 4.1 million euros ($6 million) from 4 million euros a year earlier, the Tallinn, Estonia-based company said today in a regulatory statement. Retail sales fell 12 percent in Russia and 28 percent in Ukraine.
To contact the reporter on this story: Aaron Eglitis in Riga at aeglitis@bloomberg.net
To contact the editor for this story: Balazs Penz at bpenz@bloomberg.net
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