Rosinter Announces its Trade Update for 2Q and 6M
OREANDA-NEWS. July 23, 2013 OJSC Rosinter Restaurants Holding (Rosinter), the leading casual dining restaurant chain in Russia and CIS (Moscow Exchange MICEX – RTS ticker: ROST), announces its trade update for 2Q and 6M 2013.
The release is published at www.rosinter.com.
Gross revenue of comparable stores increased by 1.4% in 2Q 2013 in comparison with 2Q 2012 driven by 2.8% increase in average spend and by (1.3)% decrease in traffic. The y-o-y increase f
gross revenue of comparable stores in 6 months 2013 was 0.9%.
6M 2013 consolidated net operating revenue increased y-o-y by 0.4% to RUB 4,964 mln., net of
the effect generated by the closing of certain restaurants in accordance with our strategy to improve our restaurants portfolio.
Our network includes 383 outlets as at June 30, 2013:
355 casual dining restaurants and 28 Costa Coffee shops. In 2Q 2013 we sold 6 Siberian Crowns in Omsk as part of our strategy of exiting non - core businesses.
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