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Current Position:Home » News » Marketing & Retail » Retail » Topic

Russian food retailer Dixy April sales up 25 pct

Zoom in font  Zoom out font Published: 2013-05-17  Origin: Reuters  Authour: Maria Kiselyova and Olga Sichkar  Views: 20
Core Tip: Russia's third-largest food retailer Dixy Group said on Thursday its revenue grew 24.8 percent in April, year-on-year, after a rise of 23.6 percent in March.
Russia's third-largest food retailer Dixy Group said on Thursday its revenue grew 24.8 percent in April, year-on-year, after a rise of 23.6 percent in March.

The company said in a statement it generated 14.6 billion roubles ($463.80 million) in sales last month, bringing the four-month result to 56.5 billion roubles, an increase of 22.7 percent.

It said earlier it aims at growing revenue by 25-28 percent this year, compared to 21 percent on a pro-forma basis in 2012.

Dixy, the third-biggest grocery chain by sales behind Magnit and X5 Retail Group, opened 87 stores in the first four months of this year, increasing its store count to 1,568 from 1,175 a year ago. ($1 = 31.4792 Russian roubles)

 
 
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