M.Video-Eldorado sales rise 10.4% to 193.6 bln rbl in Jan–Jun

MOSCOW, Jul 18 (PRIME) -- Sales of Russia’s electronics and household appliances store chain M.Video-Eldorado Group rose 10.4% on the year to 193.625 billion rubles in January–June, the company said in a statement on Thursday.

The report includes the performance of Eldorado before its acquisition by M.Video at the end of April of 2018.

Revenue of M.Video grew 11.7% on the year to 130.206 billion rubles in January–June 2019, while revenue of Eldorado increased 8% to 63.419 billion rubles.

In April–June, sales of the group rose 9.1% on the year to 92.234 billion rubles.

(62.9451 rubles – U.S. $1)

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