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 email@example.com
To contact the editor for this story: Balazs Penz at firstname.lastname@example.org