OREANDA-NEWS. December 16, 2010. OJSC Rosinter Restaurants Holding (Rosinter), the leading casual dining restaurants chain in Russia and CIS (RTS and MICEX ticker: ROST), announces its trade update for November 2010.

November 2010 Highlights

•           In November 2010 consolidated net operating revenue'11 increased 15.6% in ruble terms as compared to the same period of previous year.

•           Gross revenue of comparable stores (LFL) grew in November 2010 by 8.9% on the back of 7.4% traffic increase.

Consolidated Net Operating Revenue'11 Performance ('M RUB)

Nov 2010

Nov 2009

% chg

YTD 2010

YTD 2009

% chg

775

670

15.6%

8,333

7,092

17.5%

Same-Store Sales Growth'21 dynamics (RUB)

Gross Revenue

Average Check

Number of Transactions

YTD 2010

Nov 2010

YTD 2010

Nov 2010

YTD 2010

Nov 2010

7.0%

8.9%

0.4%

1.4%

6.6%

7.4%

Number of Stores, eop

 

Nov 2010

Oct 2010

Dec 2009

Nov 2009

Total

360

359

350

341

Corporate

253

252

255

251

Franchise

107

107

95

90

Costa Coffee

28

25

17

17

Sergey Beshev, President and CEO, commented:

"In November we demonstrated solid operating results with a 15.6% sales growth supported by a continued trading up trend by our customers and a 7.4% traffic growth. In the first half of the month our sales growth in comparable stores had reached a double-digit number while monthly figure was a lower 8.9% due to the negative effect of unexpectedly cold weather at the end of November.

Several activities have been launched targeting a full benefit from the holidays high season period. In November and December we launched special winter offers, including "Singapore Menu" in Planet Sushi which was very well received by our customers, and "Fantasia ltaliana-2" which follows-on a very successful IL Patio promotion of last year. Also, we are promoting our traditional New Year celebrations in our IL Patio and T.G.I. Friday's chains with great menu variety and special entertainment programs in our restaurants."