Current report No. 5/2019

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 January 2019.


VRG S.A. joint stock company with its registered office in Cracow ("the Company") informs that the consolidated sales revenues achieved in January 2019 by the Capital Group of the Company amounted to approximately PLN 70.8 million and were higher than revenues earned in January 2018 by approximately 33.1%.
At the same time the Company informs that the revenues from retail sales achieved in January 2019 by the Capital Group of the Company in particular operating segments were as follows:

a) Revenues from retail sales in the clothing segment (Vistula, Wólczanka, Deni Cler, Bytom brands) amounted to approximately PLN 47.3 million (including PLN 14.9 million Bytom) and were higher than revenues earned in January 2018 by around 44.0%.
b) Retail sales realized in the jewelry segment (W.KRUK brand) - amounted to approximately PLN 21.3 million and were higher than revenues earned in January 2018 by approximately 24.4%.
VRG S.A. informs that the consolidated sales margin achieved in January 2019 by the Capital Group of the Company amounted to approximately 48.6% and was higher than the margin achieved in January 2018 by approximately 0.6 pp.
The Company informs that the total retail area of the Capital Group as at the end of January 2019 amounted to PLN 51.2 thousand m2 (including 15.6 thousand m2 Bytom).