X5 says net retail revenue rises by 8.1% to 506.7 bln rbl in Q1

MOSCOW, Apr 16 (PRIME) -- The net retail revenue of Russia’s X5 Retail Group rose by 8.1% on the year to 506.681 billion rubles in January–March, the company said in a statement on Friday.

Online sales rose by 6.4% to 496.186 billion rubles. The sales of the Pyaterochka stores increased by 9.1% to 403.488 billion rubles, of the Perekrestok stores rose by 5.4% to 82.836 billion rubles, and of the Karusel hypermarkets fell by 45.3% to 9.744 billion rubles.

In 2020, the net retail revenue grew by 14.2% to 1.974 trillion rubles.

For further details, see the company’s statement on its official website:

https://www.x5.ru/en/Pages/Media/News/160421.aspx

(76.9808 – U.S. $1)

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