Seventh Continent August Trade Sales Increased 4% YoY
OREANDA-NEWS. September 22, 2009. JSC "The Seventh Continent" (further referred to as the Company) August 2009 trade sales in ruble terms increased 4% YoY, reported the press-centre of The Seventh Continent.
Based on management accounts the Company's August 2009 gross retail sales[1] reached 3 675 mn. rubles or USD 116 mn, for 8M 2009 gross retail sales reached 31 300 mn. rubles or USD 958 mn.
As of the end of August 2009 the selling space of the Company's stores under the brands "The Seventh Continent" (supermarkets), "Nash Hypermarket" ("Our Hypermarket") and "Prostore" accounts for 177.2 th. sq. m. and increased 5% compared with the same period of 2008.
[1] The sales figure includes gross retail sales including VAT and does not include other revenues
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