Dixy Group Demonstrates 43.8% Consolidated Revenue Growth
OREANDA-NEWS. January 31, 2013. DIXY Group (RTS, MICEX: DIXY) - one of Russia’s leading retailers of foods and everyday products - today announced consolidated revenue growth of 43.8% in Russian rubles (36.0% in USD) for the full year of 2012, and consolidated revenue growth by 19.3% in Russian rubles (22.1% in US dollars) for December 2012.
For the full year of 2012 the DIXY Group opened 380 stores net and, as of December 31, 2012, had 1,499 stores under operation, including 1,437 neighborhood stores, 42 supermarkets, 19 compact hypermarkets and 1 cash&carry store.
DIXY Group Total consolidated revenue (including Victoria Group revenue from the acquisition date of June 15, 2011) increased to 147.0 billion RUR (4.7 billion USD) by 43.8% in RUR (36.0% in USD) for the full year of 2012 compared to the same period last year.
DIXY Group Total revenue for the full year of 2012 increased by 20.8% in RUR (14.1% in USD) year-on-year on pro-forma basis (including Victoria Group revenue from the beginning of FY2011).
In December 2012, DIXY Group Total consolidated revenue increased to 15.6 billion RUR (508.7 million USD) by 19.3% in RUR (22.1% in USD) year-on-year.
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