Fix Price IFRS net profit falls 19% to 12.1 bln rbl in Jan–Sep

MOSCOW, Oct 27 (PRIME) -- The net profit of Russian retailer Fix Price shrank by 19% on the year to 12.093 billion rubles in January–September, as calculated under International Financial Reporting Standards (IFRS), the company said in a statement on Thursday.

Revenue gained 23.1% to 201.887 billion rubles.

Earnings before interest, taxes, depreciation, and amortization (EBITDA) rose by 27.1% to 39.127 billion rubles. The EBITDA margin grew to 19.4% from 18.8%.

Like-for-like sales increased by 13.4% in the period.

(61.4277 rubles – U.S. $1)

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