OREANDA-NEWS. April 27, 2011. DIXY Group - one of Russia's leading retailers of foods and everyday products - has announced revenue growth of 20.8% in Russian rubles (24.1% in uSd) for the first three months of 2011 over the same period last year.

DIXY Group's total revenue for the first three months of 2011 amounted to RUR 18,106 million, representing a 20.8% increase over RUR 14,990 million for the same period of 2010. In USD terms revenue increased by 24.1% to 619 million, compared to USD 499 million for the three months of 2010.

Retail revenue from DIXY stores for the first three months of 2011 amounted to RUR 15,483 million (USD 529 million), which represents a 22.2% growth in RUR (25.5% in USD) over the same period of 2010.

Retail revenue from MEGAMART stores for the first three months of 2011 amounted to RUR 1,836 million (USD 63 million), which represents a 9.4% growth in RUR (12.4% in USD) over the same period of 2010.

Retail revenue from MINIMART stores for the first three months of 2011 amounted to RUR 547 million (USD 19 million), which represents a 9.6% growth in RUR (12.5% in USD) over the same period of 2010.

Revenue from other activities, such as marketing revenue, sublease income and wholesale revenue amounted to RUR 240 million (USD 8 million).