O`KEY Group S.A. (AIX, LSE, MOEX: OKEY, the “Group” or the “Company”), one of Russia’s leading food retailers, has announced its unaudited operating results for the first quarter (Q1) of 2024.
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Q1 2024 operating highlights
- Group net retail revenue increased by 7.2% YoY to RUB 52.3 bn in Q1 2024, driven by revenue growth across all business segments.
- O`KEY hypermarkets’ LFL retail revenue rose by 3.7% in Q1 2024.
- DA! discounters’ net retail revenue grew by 17.9% YoY to RUB 16.8 bn in Q1 2024, driven by a 7.6% LFL revenue increase and the selling space expansion.
- DA! discounters’ share in the Group’s revenue rose by 2.9 pps YoY to 32.1% in Q1 2024.
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For further information please contact:
Natalya Belyavskaya
Head of Investor Relations
+7 495 663 6677 ext. 266
natalya.belyavskaya@okmarket.ru
www.okeygroup.lu