Apranga (APG1L) investor relations material

Executive summary

• Retail turnover for H1 2026 reached EUR 182.3 million (VAT included), up 9.8% year-over-year, with strong growth in Lithuania and continued expansion in Latvia and Estonia.

• Online turnover grew by 13.5% year-over-year, now representing 15.0% of total turnover.

• Five new stores opened, two renovated and enlarged, and one closed; total store count rose to 175.

Financial highlights

• Net sales for H1 2026 were EUR 152.1 million, up 9.3% year-over-year.

• Gross profit increased to EUR 67.5 million, with gross margin rising to 44.4% from 44.0% a year earlier.

• EBITDA reached EUR 20.7 million (up 10.8%), with EBITDA margin at 13.6%.

• Profit before income tax was EUR 9.0 million, up from EUR 7.3 million in H1 2025.

• Net profit for the period was EUR 7.3 million, up from EUR 5.9 million year-over-year.

• Operating expenses rose 8.3% to EUR 57.6 million, below the 9.3% sales growth.

Outlook and guidance

• Full-year 2026 turnover is targeted at EUR 399 million (VAT included), a 7.3% increase over 2025.

• Plans to renovate or open 7–11 stores in 2026, with net investments of EUR 4–6 million.