Lithuania's cosmetics retailer Douglas LT lifts FY revenue 13.6% to EUR 15.4 mln
2016-08-19, 10:23
Published in
Economy
BFL / Redas Vilimas
Lithuania's cosmetics and perfumery retailer Douglas LT posted 15.373 mln euros in revenue for the last financial year, up 13.6% from 13.534 mln euros in 2014. Net profits surged by 51.5% to 1.385 mln euros, the company, which owns the Sarma and Douglas chains, said in its report for the financial year ended Sept. 30, 2015 filed with the Center of Registers. Latvia-registered Douglas Baltic, which is controlled by Germany's Douglas, is the sole shareholder of Douglas LT.
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