Rosinter Announces Trade Update for August
OREANDA-NEWS. September 14, 2011. OJSC Rosinter Restaurants Holding (Rosinter), the leading casual dining restaurant chain in Russia and CIS (RTS and MICEX ticker: ROST), announces its trade update for August 2011. The release is published at www.rosinter.com, reported the press-centre of Rosinter.
August 2011 Highlights
In August 2011 consolidated net operating revenue[1] increased by 6.8% in ruble terms as compared to the same period of previous year.
Gross revenue of comparable stores[2] grew in August 2011 by 0.1% driven by 6.2% average check growth and 5.7% decrease in traffic.
[1] Unaudited operating revenue includes only total net sales of corporate restaurants and canteens and does not include revenue from franchise operations and other revenue items.
[2] Calculation is based on gross sales data (including VAT) for the pool of currently operating mature restaurants, which had operated for 18 months as of 1 January 2011.
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