O`KEY Group S.A. (MOEX, AIX: OKEY, the “Group” or the “Company”), one of Russia’s leading food retailers, has announced its unaudited operating results for the second quarter (Q2) and the six months (6M) of 2025.
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Q2 2025 OPERATING HIGHLIGHTS
- Group net retail revenue increased by 4.9% YoY to RUB 54.9 bn in Q2 2025, driven by net retail revenue performance of both O`KEY hypermarkets and DA! discounters.
- Net retail revenue generated by O`KEY hypermarkets increased by 1.0% YoY to RUB 34.2 bn in Q2 2025.
- DA! discounters’ net retail revenue rose by 12.2% YoY to RUB 20.7 bn in Q2 2025, led by a 9.9% LFL revenue increase supported by the selling space growth.
- The Group opened three DA! discounters (net of closures) in Q2 2025.
- DA! discounters’ share of Group revenue increased by 2.4 pps YoY to 37.6% in Q2 2025.
6M 2025 OPERATING HIGHLIGHTS
- Group net retail revenue rose 3.8% YoY to RUB 108.5 bn.
- Net retail revenue for O`KEY hypermarkets was RUB 69.4 bn.
- DA! discounters’ net retail revenue rose by 11.2% YoY to RUB 39.1 bn, driven by 9.4% LFL revenue growth and by the chain’s expansion.
KEY EVENTS IN 6M 2025 AND AFTER THE REPORTING DATE
- In March, the Group’s Extraordinary General Meeting of Shareholders approved the Company’s redomiciliation from Luxembourg to Russia (Oktyabrsky Island, Kaliningrad Region).
- In June, Expert RA affirmed a credit rating of ‘ruA-’ for O`KEY LLC, the main operating subsidiary of O`KEY Group S.A. The outlook of the rating remains Stable.
- In July, the NCR rating agency affirmed a credit rating of ‘A.ru’ for O`KEY LLC, the main operating subsidiary of O`KEY Group S.A.
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For further information please contact:
For investors:
Natalya Belyavskaya
Head of Investor Relations
+7 495 663 6677 ext. 266
natalya.belyavskaya@okmarket.ru
www.okeygroup.lu
For the media:
pr@okmarket.ru
EM (communications consultants to O’KEY Group)
Valeria Andreeva
+7 916 978 02 10
andreeva@em-comms.com