O`KEY Group S.A. (AIX, MOEX: OKEY, the “Group” or the “Company”), one of Russia’s leading food retailers, has announced its unaudited operating results for the third quarter (Q3) and the nine months (9M) of 2024.
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Q3 2024 OPERATING HIGHLIGHTS
- Group net retail revenue increased by 4.4% YoY to RUB 51.0 bn, driven mainly by LFL revenue growth of both O’KEY hypermarkets and DA! discounters.
- O`KEY hypermarkets’ net retail revenue grew by 1.0% YoY to RUB 33.3 bn on the back of a 1.0% increase in LFL revenue.
- DA! discounters' net retail revenue went up 11.5% YoY to RUB 17.7 bn, led by a 7.8% increase in LFL revenue and the selling space growth.
- DA! discounters’ share in the Group’s net retail revenue amounted to 34.7%.
9M 2024 OPERATING HIGHLIGHTS
- Group net retail revenue rose by 5.6% YoY to RUB 155.6 bn.
- O`KEY hypermarkets’ net retail revenue was up by 1.6% YoY to RUB 102.7 bn, led by a 2.1% increase in LFL revenue.
- DA! discounters’ net retail revenue grew by 14.3% YoY to RUB 52.9 bn, driven by a 7.2% LFL revenue growth and the chain’s expansion.
KEY EVENTS IN Q3 2024
- In August, the Group completed the process of changing its depositary for the global depositary receipts (GDR) programs and appointed RCS Group as a new depositary effective from August 12, 2024.
The full text of the announcements is available at https://www.okeygroup.lu/press-center/press-releases/2024/1917/
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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