Legal basis: Article 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 October 2020.
VRG S.A. joint stock company with its registered office in Cracow (the "Company") informs that the consolidated sales revenues achieved in October 2020 by the Company's Capital Group amounted to approximately PLN 52,8 million and were lower than the revenues achieved in October 2019 by approximately 30,6%.
In cumulative terms, the value of sales revenues generated in the period from January to October 2020 amounted to approximately PLN 674,5 million and was lower by approximately 16,9% than in the corresponding period of the previous year.
At the same time, the Company informs that retail sales revenues generated in October 2020 by the Company's Capital Group in particular segments of operating activity were as follows:
a) Retail sales revenues generated in the clothing segment (Vistula, Wólczanka, Deni Cler, Bytom brands) amounted to PLN 27,8 million and were lower than the revenues generated in October 2019 by about 42,3 %. Cumulatively, the value of sales revenues generated in the period from January to October 2020 in this segment amounted to approximately PLN 395,0 million and was lower by approximately 22,2% than in the corresponding period of the previous year.
b) Retail sales revenues generated in the jewellery segment (W.KRUK brand) - approx. PLN 23,8 million and were lower than the revenues achieved in October 2019 by approximately 4,9%. Cumulatively, the value of sales revenues generated in the period from January to October 2020 in this segment amounted to approximately PLN 259,5 million and was lower by approximately 5,1% than in the corresponding period of the previous year.
VRG S.A. informs that the consolidated sales margin achieved in October 2020 by the Capital Group of the Company amounted to 55,2% and was higher than the margin achieved in October 2019 by about 1,1 percentage points. Cumulatively, the consolidated margin on sales in the period from January to October 2020 amounted to approximately 48,6% and was lower by 3,0 percentage point than the margin achieved in the analogous period of last year.
The Company informs that the total retail sales area of the Capital Group at the end of October 2020 amounted to 53,0 thousand m2 and was lower by 2.4% than retail space in October 2019.