OREANDA-NEWS. On August 07, 2008 OJSC "Company "M.video" (RTS, MICEX: MVID), one of the Russia's largest consumer electronics retailers, announced its consolidated unaudited net retail sales and like-for-like (LfL) results for the first half 2008, reported the press-centre of M.video.

In H1 2008 M.video demonstrated 74% year-on-year growth in net retail sales in USD terms (59% growth in Russian roubles terms) and 28% year-on-year growth of like-for-like sales in USD terms (17% in RUR terms) as compared to H1 2007.

In Q2 2008 M.video increased its net retail sales by 70% in USD terms (55% increase in RUR terms) and demonstrated 23% year-on-year growth of like-for-like sales in USD terms (13% growth in RUR terms) as compared to Q2 2007.