icon bookmark-bicon bookmarkicon cameraicon checkicon chevron downicon chevron lefticon chevron righticon chevron upicon closeicon v-compressicon downloadicon editicon v-expandicon fbicon fileicon filtericon flag ruicon full chevron downicon full chevron lefticon full chevron righticon full chevron upicon gpicon insicon mailicon moveicon-musicicon mutedicon nomutedicon okicon v-pauseicon v-playicon searchicon shareicon sign inicon sign upicon stepbackicon stepforicon swipe downicon tagicon tagsicon tgicon trashicon twicon vkicon yticon wticon fm
25 May, 2011 07:01

Dixy posts 1Q 2011 net profit of 164 million roubles

Dixy posts 1Q 2011 net profit of 164 million roubles

Russian retailer, Dixy, has posted a 1Q 2011 net profit of 164 million roubles under IFRS.

The net result is up 26.9% year on year, with 1Q EBITDA rising 28% year on year to 1.005 billion roubles, as 1Q revenues climbed 20.8% year on year to 18.106 billion roubles.The company noted Like for Like sales were up 7.6% year on year, with the group adding a further 26 new stores to the chain, with sales per square metre also up 7.8% year on year. It noted that this had helped offset rising salary, leasing and utilities expenses, with reduced transportation and shrinkage costs also buttressing the bottom line.

Podcasts
0:00
23:13
0:00
25:0