OREANDA-NEWS. DIXY Group (RTS, MICEX: DIXY) - one of Russia's leading retailers of foods and everyday products - today announced revenue growth of 17.7% in Russian rubles (6.4% in USD) in January 2014.

In January 2014, DIXY Group retail revenue increased to RUR 15.6 bln (USD 465.6 mln) by 17.7% in RUR (6.4% in USD) year-on-year.

Retail revenue of DIXY neighborhood stores increased to RUR 12.1 bln (USD 361.0 mln) by 19.7% in RUR (8.2% in USD) in January 2014 compared to January 2013.

Starting from November 2013, the opening hours of a major part of DIXY stores were reduced, in the course of stores' working time optimization. As a result, the DIXY chain time of operation was 7% less in January 2014 compared to January 2013.

Retail revenue of Victoria Division increased to RUR 2.3 bln (USD 67.5 mln) by 12.5% in RUR (1.7% in USD) year-on-year in January 2014.

Retail revenue from Victoria supermarkets amounted to RUR 1.8 bln (USD 54.4 mln), demonstrating 18.3% year-on-year growth in RUR (7.0% in USD) in January 2014.

Retail revenue from Victoria neighborhood stores amounted to RUR 377.0 mln (USD 11.3 mln) in January 2014 compared to RUR 403.1 mln (USD 13.3 mln) in January 2013.

Retail revenue from cash & carry store CASH amounted to RUR 61.6 mln (USD 1.8 mln) in January 2014 compared to RUR 66.5 mln (USD 2.2 mln) in January 2013.

Retail revenue of Megamart Division increased to RUR 1.2 bln (USD 37.1 mln) by 9.7% in RUR (decreased by 0.8% in USD) year-on-year in January 2014. The growth was driven mainly by MegaMart compact hypermarkets retail revenue, which increased to RUR 1.0 bln (USD 29.5 mln) by 11.9% in RUR (1.1% in USD). MiniMart stores retail revenue increased to RUR 252.4 mln (USD 7.5 mln) by 2.1% in RUR (decreased by 7.7% in USD).