OREANDA-NEWS. DIXY Group (RTS, MICEX: DIXY) - one of Russia's leading retailers of foods and everyday products - announced revenue growth of 24.2% in Russian rubles (20.1% in USD) in September 2013, and revenue growth of 23.2% in Russian rubles (21.2% in USD) for the first nine months of 2013.

For the first nine months of 2013, DIXY Group Revenue increased to RUR 131.5 bln (USD 4.2 bln) by 23.2% in RUR (21.2% in USD) year-on-year.

In September 2013, DIXY Group Revenue increased to RUR 14.4 bln (USD 440.8 mln) by 24.2% in RUR (20.1% in USD) year-on-year.

Retail revenue of DIXY neighborhood stores increased to RUR 10.8 bln (USD 332.5 mln) by 38.0% in RUR (33.4% in USD) in September 2013 compared to September 2012. The growth was driven mainly by DIXY chain organic expansion, and helped by re-branding of ex-Victoria neighborhood stores into DIXY banner throughout 2012.

Retail revenue of Victoria division decreased to RUR 2.2 bln (USD 66.3 mln) in September 2013 from RUR 2.5 bln (USD 79.0 mln) in September 2012. This decline was caused by Victoria neighborhood stores transfer into DIXY banner in 2012, which led to the reduction of the neighborhood stores number in Victoria division to 44 stores in September 2013 from 115 stores in September 2012. As a result, retail revenue from Victoria neighborhood stores decreased year-on-year by 66.7% in RUR (67.8% in USD) to RUR 367.3 mln (USD 11.3 mln) in September 2013.

In September 2013, retail revenue from Victoria supermarkets amounted to RUR 1.7 bln (USD 53.0 mln), demonstrating 31.5% growth in RUR (27.1% in USD).

Retail revenue from cash & carry store CASH amounted to RUR 66.4 mln (USD 2.0 mln) in September 2013 compared to RUR 71.1 mln (USD 2.3 mln) in September 2012.

Retail revenue of Megamart division increased to RUR 1.2 bln (USD 37.6 mln) by 11.1% in RUR (7.4% in USD) year-on-year in September 2013. The growth was driven mainly by MegaMart compact hypermarkets retail revenue which increased to RUR 972.3 mln (USD 29.8 mln) by 14.0% in RUR (10.2% in USD). MiniMart stores retail revenue increased to RUR 254.4 mln (USD 7.8 mln) by 1.2% in RUR (decreased by 2.1% in USD).