Tag Archives: operational results

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X5 Retail announces net retail sales and operational results for the Q4 and full year 2017

Amsterdam, 2018-Jan-23 — /EPR Retail News/ — X5 Retail Group N.V. (“X5” or the “Company”), a leading Russian food retailer (LSE ticker: “FIVE”), today announces preliminary consolidated net retail sales and operational results for the fourth quarter (Q4) and full year (FY) ended 31 December 2017(1).

X5 Chief Executive Officer Igor Shekhterman said:

“X5 delivered strong growth in 2017 and showed we were able to achieve sustainable performance even in what continues to be a challenging macro environment. Decelerating food CPI has put a damper on retail sales growth throughout the year, with inflation growth reaching its lowest level in Q4. Real disposable income growth remained negative in 2017, and the recovery in consumer confidence slowed towards the end of the year.

“Despite these external challenges, we continued to deliver solid business growth: X5 once again expanded at the fastest pace among its public peers in Russia, and LFL traffic improved relative to the previous year, reaching 3.0% annual growth in 2017, compared to 2.5% growth in 2016. For the first time in the Company’s history, we added more than one million square metres of selling space.

“Looking ahead to 2018 and beyond, we remain committed to our core strategic goals and will continue on the path of rapid, efficient and profitable growth, with the aim of sustainably occupying the position of Russia’s food retail market leader.”

For further details please contact:
Maxim Novikov
Head of Investor Relations
Tel.:+7 (495) 502-9783
e-mail: Maxim.Novikov@x5.ru

Andrey Vasin
Investor Relations Officer
Tel.:+7 (495) 662-88-88 ext. 21-456
e-mail: Andrey.Vasin@x5.ru

Source: X5 Retail Group N.V.

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DDR to release its 2Q 2017 financial and operational results on July 26, 2017

BEACHWOOD, Ohio, 2017-Jun-27 — /EPR Retail News/ — DDR Corp. (NYSE:DDR) announced today (Jun 26, 2017) that financial and operational results for the quarter ending June 30, 2017, will be released before the market opens on July 26, 2017.  The Company will host its quarterly earnings conference call and audio webcast on July 26 at 8:30 a.m. Eastern Time.

All interested parties can access the earnings call by dialing (877) 249-1119 (U.S.), (855) 669-9657 (Canada) or (412) 542-4143 (international), and ask to be joined into the DDR Corp. call. The call will also be webcast and available in a listen-only mode on DDR’s web site at www.ir.ddr.com.

If you are unable to participate during the live call, a replay will be available on DDR’s website for future review. You may also access the telephone replay by dialing (877) 344-7529 (U.S.), (855) 669-9658 (Canada) or (412) 317-0088 (international) using pass code 10107875 through October 26, 2017.

About DDR Corp.
DDR is an owner and manager of 309 value-oriented shopping centers representing 103 million square feet in 35 states and Puerto Rico. The Company owns a high-quality portfolio of open-air shopping centers in major metropolitan areas that provide a highly-compelling shopping experience and merchandise mix for retail partners and consumers. The Company actively manages its assets with a focus on creating long-term shareholder value. DDR is a self-administered and self-managed REIT operating as a fully integrated real estate company, and is publicly traded on the New York Stock Exchange under the ticker symbol DDR. To be included in the company’s e-mail distributions for press releases and other company notices, please click here.

SOURCE: DDR Corp.