O’Key Group revenue rises by 2.9% to 55.6 bln rbl in Oct–Dec 2022

MOSCOW, Jan 31 (PRIME) -- The net retail revenue of Russian grocery retailer O’Key Group increased by 2.9% on the year to 55.6 billion rubles in October–December 2022, the company said in a statement on Tuesday.

At the same time, like-for-like sales decreased by 2.8% in the period.

In 2022, the company’s net retail revenue rose by 8.1% to 200.201 billion rubles. The revenue of O’Key hypermarkets shrank by 2.3% to 146.904 billion rubles, but the revenue of Da! discounters gained 53.2% to 53.207 billion rubles, with like-for-like sales of the discounter chain rising by 26.8%.

(69.5927 rubles – U.S. $1)

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