OREANDA-NEWS. DIXY Group (RTS, MICEX: DIXY) - one of Russia's leading retailers of foods and everyday products - today announced revenue growth of 16.6% in Russian rubles (9.0% in USD) in December 2013, and revenue growth of 22.7% in Russian rubles (19.8% in USD) for the full year of 2013.

For the full year of 2013, DIXY Group opened 300 stores on net basis, and, as of December 31, 2013, had 1,799 stores under operation, including 1,681 DIXY neighborhood stores, 86 Victoria stores, 1 CASH store, and 31 compact hypermarkets MegaMart and MiniMart.

For the full year of 2013, DIXY Group revenue increased to RUR 180.5 bln (USD 5.7 bln) by 22.7% in RUR (19.8% in USD) year-on-year.

In December 2013, DIXY Group revenue increased to RUR 18.3 bln (USD 557.9 mln) by 16.6% in RUR (9.0% in USD) year-on-year.

Retail revenue of DIXY neighborhood stores increased to RUR 13.7 bln (USD 415.6 mln) by 19.5% in RUR (11.7% in USD) in December 2013 compared to December 2012.

The Company opened 77 DIXY neighborhood stores net in December 2013 compared to 98 stores net in December 2012.

As reported previously, starting from the 1st of November 2013, the opening hours of a substantial part of DIXY chain were reduced, in the course of stores' working time optimization. As a result, the DIXY chain time of operation was 7.5% less in December 2013 compared to December 2012.

Retail revenue of Victoria Division increased to RUR 2.8 bln (USD 85.2 mln) by 9.9% in RUR (2.7% in USD) year-on-year in December 2013.

Retail revenue from Victoria supermarkets amounted to RUR 2.3 bln (USD 68.9 mln), demonstrating 15.5% year-on-year growth in RUR (8.0% in USD) in December 2013.

Retail revenue from Victoria neighborhood stores decreased year-on-year by 9.3% in RUR (15.3% in USD) to RUR 434.4 mln (USD 13.2 mln) in December 2013, due mainly to changes of the stores' opening hours, particularly, the waiver of 24x7 mode of operation in 2013.

Retail revenue from cash & carry store CASH amounted to RUR 101.1 mln (USD 3.1 mln) in December 2013 compared to RUR 108.3 mln (USD 3.5 mln) in December 2012.

Retail revenue of Megamart Division increased to RUR 1.7 bln (USD 52.5 mln) by 6.9% in RUR (decreased by 0.1% in USD) year-on-year in December 2013.

The growth was driven by MegaMart compact hypermarkets retail revenue, which increased to RUR 1.4 bln (USD 42.8 mln) by 8.8% in RUR (1.7% in USD).

MiniMart stores retail revenue decreased to RUR 317.1 mln (USD 9.6 mln) by 0.6% in RUR (7.1% in USD).