Dixy Group Announces 18.0% Revenue Growth in Russian Rubles
OREANDA-NEWS. December 9, 2010. DIXY Group - one of the leading food and FMCG retailers in
DIXY Group's total revenue for the ten months of 2010 amounted to RUR 51,971 million, representing a 18.0% increase over RUR 44,055 million for the same period of
Retail revenue from DIXY stores for the ten months of 2010 amounted to RUR 43,762 million (USD 1,446 million), which represents a 18.9% growth in RUR (26.5% in USD) over the same period of 2009.
Retail revenue from Megamart stores for the ten months of 2010 amounted to RUR 5,820 million (USD 192 million), which represents a 16.3% growth in RUR (23.7% in USD) over the same period of 2009.
Retail revenue from Minimart stores for the ten months of 2010 amounted to RUR 1,779 million (USD 59 million), which represents a 8.6% growth in RUR (15.5% in USD) over the same period of 2009.
Revenue from other activities, such as marketing revenue, sublease income and wholesale revenue amounted to RUR 610 million (USD 20 million).
The following exchange rates were used for converting Russian Rubles to US dollars:
|
Exchange Rate according to CBR4 |
2009 |
2010 |
|
Average (10 months), RUR/USD |
32.1751 |
30.2607 |
Key operating and financial data for the ten months period ended October 31, 2010
|
As of |
31 October 2010 |
31 October 2009 |
Growth |
|
Number of Stores |
6065 |
5176 |
17% |
|
Net Selling Space (sq.m.) |
220,984 |
198,219 |
11% |
|
DIXY |
185,377 |
164,702 |
13% |
|
Megamart |
30,121 |
28,031 |
7% |
|
Minimart |
5,486 |
5,486 |
-- |
|
For the ten months period ending |
31 October 2010 |
31 October 2009 |
Growth |
|
Revenue (RUR) |
51,971 million |
44,055 million |
18.0% |
|
Revenue (USD) |
1,717 million |
1,369 million |
25.4% |
|
Store Openings |
83 |
48 |
73% |
|
DIXY |
83 |
47 |
77% |
|
Megamart |
0 |
1 |
-- |
|
Minimart |
0 |
0 |
-- |
1 Revenue figures are based on internal management reports and have not been audited.
2 All revenue figures provided in this press release do not include VAT.
3 Total revenue includes retail revenue and other revenue, which consists of income from subleases and marketing revenue.
4 Exchange rate is an average rate for the period calculated using official daily rate of Central Bank of
5 During the period from 1 January 2010 to 31 October 2010 there were 83 DIXY stores opened and 14 DIXY stores closed.
6 During the period from 1 January 2009 to 31 October 2009 there were 48 DIXY stores opened and 10 DIXY stores and 12 VMart stores closed, see the detailed statement about the closure:
04032009 DIXY RELEASE ENG vmart.
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