OREANDA-NEWS. January 22, 2008. Dixy Group - one of the leaders of Russian food retail market - has declared a 42% revenue growth for 2007 (a 33% in RUB). Dixy Group overall revenue for 2007 has reached USD1 431 millon, which is 42% higher that in the same period in 2006. In RUB the amount was 36 604m and is 33% higher respectively. Retail revenue of Megamart for 2007 was 124m USD (3 183 mil RUB), which is 32% higher than in the same period last year (24% in RUB). Retail revenue of Minimart for 2007 was 46,3 millon USD (1 184 mil RUB), which is 151% higher than in the same period last year (136% in RUB).

Key operational and financial data for 2007 is as follows:
                                            2 006            2007         Growth
Overall q-ty of stores               326             388           19,0%
Store openings                      115               65
Dixy                                     109               61
Megamart                             1                  3
Minimart                               5                  1
Overall trade area, m2          128,138         150,991       17,8%
Overall revenue RUB1           27,436m        36,604m     33%
Overall revenue USD            1,009m           1 ,431m      42%

Dixy Group is one of the leaders of Russian food retail market. The first Dixy store was opened in 1999 in Moscow city and by 31st of December 2007 the Group has already operated 388 stores, including 373 Dixy (discounter) stores, 8 Megamart (compact hypermarkets) and 7 Minimart (supermarkets) stores in three Federal Districts of Russia.