Legal basis: Art. 17 sect. 1 of the MAR - confidential information
Subject: Consolidated sales revenues and estimated sales margin achieved by the VRG S.A. Capital Group in February 2019
VRG S.A. joint stock company with its registered office in Cracow ("the Company") informs that the consolidated sales revenues achieved in February 2019 by the Capital Group of the Company amounted to approximately PLN 69.0 million and were higher than revenues earned in February 2018 by approximately 38.1%.
Cumulatively, the value of sales revenues realized in the period January-February 2019 amounted to approximately PLN 140.1 million and was higher by approximately 35.8% than in the corresponding period of the previous year.
At the same time, the company informs that the revenues from retail sales achieved in February 2019 by the Capital Group of the Company in individual operating segments were as follows:
a) Revenues from retail sales in the clothing segment (Vistula, Wólczanka, Deni Cler, Bytom brands) amounted to approximately PLN 39.7 million (including PLN 11.8 million Bytom) and were higher than revenues earned in February 2018 by approximately 58.1%. On a growing basis, the value of sales revenues realized in January-February 2019 in this segment amounted to PLN 87.0 million (including PLN 26.6 million in Bytom) and was higher by approximately 50.0% than in the corresponding period of the year previous year.
b) Retail sales realized in the jewelry segment (W.KRUK brand) - amounted to approximately PLN 26.9 million and were higher than revenues earned in February 2018 by approximately 25.1%. In increasing terms, the value of sales revenues realized in the period January-February 2019 in this segment amounted to approximately PLN 48.2 million and was higher by approximately 24.9% than in the same period last year.
VRG S.A. informs that the consolidated sales margin achieved in February 2019 by the Capital Group of the Company amounted to approximately 48.0% and was higher than the margin achieved in February 2018 by around 0.8 pp. On a growing basis, the consolidated sales margin in January-February 2019 amounted to approximately 48.1% and was higher by 0.5 pp. from the margin achieved in the same period last year.
The Company informs that the total retail area of the Capital Group at the end of February 2019 amounted to PLN 51.4 thousand. m2 (including 15.6 thousand m2 Bytom).