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Russian food retailer Dixy revenue rise 25.4 pct in May

Zoom in font  Zoom out font Published: 2013-06-14  Origin: Reuters   Views: 13
Core Tip: Dixy Group, Russia's third-largest food retailer, said on Thursday that its revenue grew 25.4 percent in May, year-on-year, at the same pace as it was in April.
The company generated 15.3 billion roubles in sales last month, bringing the five-month result to 71.8 billion roubles, an increase of 23 percent, it said in a statement.

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

The company, the third-biggest grocery chain by sales behind Magnit and X5 Retail Group, had a total of 1,585 stores as of May 31, up from 1,209 a year ago.
 
 
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