Tag Archives: Stephan DuCharme

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X5 Retail Group to expand the geographic reach of its ‘Basket of Kindness’ programme to provide food aid to people in need

Moscow, 2017-Feb-22 — /EPR Retail News/ — X5 Retail Group N.V. (“X5” or the “Company”), a leading Russian food retailer (LSE ticker: “FIVE”), announces that in 2016, around 20,000 of its customers donated more than 27.5 tons of food to people in need as part of the ‘Basket of Kindness’ programme, which is organised jointly by X5, Mars and the “Rus” Food Foundation (a member of the Global Foodbanking Network). In 2016, the Basket of Kindness programme was rolled in 200 Pyaterochka, Perekrestok and Karusel stores in 18 cities across Russia.  In 2017, the organisers of the project plan to expand the geographic reach of the project by two times and to recruit more than 1,000 volunteers.

Stephan Ducharme, Member of the “Rus” Food Foundation Board of Trustees and X5’s Chairman of Supervisory Board said:

“We have successfully created the necessary infrastructure, together with our consumers and partners, to provide food aid to people in need. Thanks to these efforts, about 3,000 people who were in critical need were able to receive food aid via the Basket of Kindness programme. Considering the efficiency with which we can provide targeted support to people in need, and the active involvement of our customers, we intend to develop further our food bank projects as we view this as a key part of our corporate social responsibility efforts.”

Moscow led the way with about 8.5 tons of food collected, including cereals, cooking oil, canned food, pasta, tea and other essential products. Other significant contributions came from Lipetsk (3.7 tons), Kazan (2.7 tons) and Yekaterinburg (2 tons), while St. Petersburg, Rostov-on-Don, Nizhny Novgorod, Chelyabinsk and Tambov collected 1.5 tons each. The “Rus” Food Foundation received over 30 tons of food during the year, and X5 did its part by topping up food donations collected by volunteers.

Project volunteers include X5 and Mars employees, as well as “Rus” Food Foundation representatives and recipients of food aid. The initiative attracted more than 500 volunteers, making it possible to run the scheme in 200 stores.

X5 pioneered food aid in Russia with the launch in 2015 of Basket of Kindness, which created and continues to develop local food aid infrastructure. This programme allows customers to buy and donate food in-store to help people who are in critical need of support.​

Contact:

Oleg Poletaev
head of PR

​​
T​: +7 (495) 662-88-88, ext. 22-209

Source: X5 Retail Group

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X5 Retail Group N.V. announces preliminary consolidated Q4 and FY net retail sales and operational results ended 31 December 2015

FY 2015 Highlights

  • X5 delivered total net retail sales growth of 27.3% year-on-year (y-o-y), the Company’s fastest pace of growth since 2011.
  • Net retail sales growth of RUB 172.2 bln was the highest in X5’s history.
  • Net retail sales growth was driven by a 13.7% increase in like-for-like (LFL) sales and a 13.6% sales growth contribution from a 29.6% rise in selling space.
  • LFL sales growth (y-o-y) improved across all three of the Company’s major formats.
  • LFL traffic growth accelerated to 2.3% in 2015, up from 0.6% in 2014.
  • The Company added a record 1,537 new stores in 2015, vs. 939 stores in 2014.
  • Net additional selling space of 760.9 th. sq. m., driven primarily by organic expansion, was the largest annual opening programme delivered by X5.
  • X5’s proximity store chain Pyaterochka added 668.4 th. sq. m. of net selling space, a record for any Russian food retail brand in a single year.

Q4 2015 Highlights

  • Total net retail sales growth remained strong at 26.3% y-o-y, while decelerating slightly vs. Q3 2015 due to slowing food price inflation and a higher comparative base, especially vs December 2014.
  • Pyaterochka was the main driver of growth in Q4 2015: Net retail sales rose by 32.8% y-o-y, driven by 12.6% growth in like-for-like (LFL) sales and a 20.2% contribution to sales growth from a 38.1% increase in selling space.
  • In Q4 2015, the Company demonstrated strong LFL traffic growth of 2.3% y-o-y, compared to a decline of 0.4% in Q4 2014 and growth of 1.6% in Q3 2015.
  • X5 added 508 net new stores in Q4 2015, contributing to additional net selling space of 253.5 th. sq. m. in the quarter.

Amsterdam, 2016-Jan-26 — /EPR Retail News/ — X5 Retail Group N.V. (“X5” or the “Company”), a leading Russian food retailer (LSE ticker: “FIVE”), announces its preliminary consolidated net retail sales and operational results for the fourth quarter (Q4) and full year (FY) ended 31 December 2015(1) .

Chairman of the Supervisory Board Stephan DuCharme said: “Despite a challenging economic environment in Russia, we delivered a strong set of numbers in 2015 and grew faster than the Russian food retail market average. We are especially proud of our 29.6% year-on-year rise in selling space: the Company added 760.9 th. sq. m. during 2015, 80% of which was attributable to organic growth. This is a truly impressive feat not only in terms of year-on-year expansion, but also measured by the absolute volume of space added.

“Growth in selling space, combined with continued adjustments to our value proposition for customers, particularly in the current environment, helped to make 2015 our best year since 2011 in terms of retail sales growth, and our best ever year for organic growth: 2015 net retail sales increased by 27.3% year-on-year, with like-for-like sales up to 13.7%.”

Chief Executive Officer Igor Shekhterman added: “Looking forward to 2016, we feel that we have the right strategy and the right team in place to tackle the challenges that lie ahead. We delivered excellent performance in a challenging 2015, and I am confident we will continue to achieve strong growth based on creating value for our customers as we build the best modern retail offering in Russia.”

Note to Editors: X5 Retail Group N.V. (LSE: FIVE, Fitch – ‘BB’, Moody’s – ‘Ba3’, S&P – ‘BB-’) is a leading Russian food retailer. The Company operates several retail formats: the chain of proximity stores under the Pyaterochka brand, the supermarket chain under the Perekrestok brand, the hypermarket chain under the Karusel brand and Express convenience stores under various brands.

As of 31 December 2015, X5 had 7,020 Company-operated stores. It has the leading market position in both Moscow and St. Petersburg and a significant presence in the European part of Russia. Its store base includes 6,265 Pyaterochka proximity stores, 478 Perekrestok supermarkets, 90 Karusel hypermarkets and 187 convenience stores. The Company operates 35 DCs and 1,561 Company-owned trucks across the Russian Federation.

For the full year 2014, revenue totaled RUB 633,873 mln (USD 16,498 mln), EBITDA reached RUB 45,860 mln (USD 1,194 mln), and profit for the period amounted to RUB 12,691 mln (USD 330 mln). In 9M 2015, revenue totaled RUB 578,701 mln (USD 9,763 mln), EBITDA reached RUB 41,780 mln (USD 705 mln), and net income amounted to RUB 12,084 mln (USD 204 mln).

X5’s Shareholder structure is as follows: Alfa Group – 47.86%, founders of Pyaterochka – 14.43%, X5 Directors – 0.06%, treasury shares – 0.02%, free float – 37.64%.

Forward looking statements:
This announcement includes statements that are, or may be deemed to be, “forwardlooking statements”. These forward-looking statements can be identified by the fact that they do not only relate to historical or current events. Forward-looking statements often use words such as “anticipate”, “target”, “expect”, “estimate”, “intend”, “expected”, “plan”, “goal”, “believe”, or other words of similar meaning.

By their nature, forward-looking statements involve risk and uncertainty because they relate to future events and circumstances, a number of which are beyond X5 Retail Group N.V.’s control. As a result, actual future results may differ materially from the plans, goals and expectations set out in these forward-looking statements.

Any forward-looking statements made by or on behalf of X5 Retail Group N.V. speak only as at the date of this announcement. Save as required by any applicable laws or regulations, X5 Retail Group N.V. undertakes no obligation publicly to release the results of any revisions to any forward-looking statements in this document that may occur due to any change in its expectations or to reflect events or circumstances after the date of this document.

FULL PRESS RELEASE

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

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X5 Retail Group’s CEO Stephan DuCharme acquired 1,500 X5 Global Depositary Receipts (GDRs)

Amsterdam, Netherlands, 2015-9-21 — /EPR Retail News/ — X5 Retail Group N.V. (‘X5’or the ‘Company’) filed the following notification to the Netherlands Authority for the Financial Markets regarding the acquisition of X5 Global Depositary Receipts (‘GDRs’) by Stephan DuCharme, CEO of X5:

Transaction date Number of GDRs Price per GDR
18-09-2015 1,500 USD 15.483

Following this acquisition Stephan DuCharme holds 100,334 GDRs, or 0.04% in the issued and outstanding share capital of the Company.

This announcement is made in accordance with the requirements of DTR 3.1.4. of the UK’s Financial Conduct Authority.

Note to Editors:

X5 Retail Group N.V. (LSE: FIVE, Fitch – ‘BB’, Moody’s – ‘Ba3’, S&P – ‘BB-’) is a leading Russian food retailer. The Company operates several retail formats: the chain of proximity stores under the Pyaterochka brand, the supermarket chain under the Perekrestok brand, the hypermarket chain under the Karusel brand and Express convenience stores under various brands.

As of 30 June 2015, X5 had 5,971 Company-operated stores. It has the leading market position in both Moscow and St. Petersburg and a significant presence in the European part of Russia. Its store base includes 5,273 Pyaterochka proximity stores, 438 Perekrestok supermarkets, 83 Karusel hypermarkets and 177 convenience stores. The Company operates 35 DCs and 1,364 Company-owned trucks across the Russian Federation.

For the full year 2014, revenue totaled RUB 633,873 mln (USD 16,498 mln), EBITDA reached RUB 45,860 mln (USD 1,194 mln), and profit for the period amounted to RUB 12,691 mln (USD 330 mln). In H1 2015, revenue totaled RUB 382,608 mln (USD 6,666 mln), EBITDA reached RUB 27,518 mln (USD 479 mln), and net income amounted to RUB 7,942 mln (USD 138 mln).

X5’s Shareholder structure is as follows: Alfa Group – 47.86%, founders of Pyaterochka – 14.43%, X5 Directors – 0.05%, treasury shares – 0.01%, free float – 37.64%.

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

Anastasiya Kvon
IR Director
Tel.: +7 (495) 792-3511
e-mail: Anastasiya.Kvon@x5.ru

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Igor Shekhterman to succeed Stephan DuCharme as CEO X5 Retail Group N.V.

Amsterdam, 2015-9-11 — /EPR Retail News/ — X5 Retail Group N.V. (“X5” or the “Company”), a leading Russian food retailer (LSE ticker: “FIVE”), today announced that Stephan DuCharme has decided to step down as CEO of X5 having successfully completed X5’s turnaround. He will return to the Company’s Supervisory Board (the “Board”) as its Chairman, subject to his nomination as a Board member being approved by the Company’s shareholders at an extraordinary general meeting (“EGM”) to take place in November this year. The Board has nominated Igor Shekhterman, currently member of the Board, to succeed Stephan as CEO of the Company.

Stephan has over the last three years led the implementation of X5’s new operating model, the renewal of its three retail formats based on refreshed value propositions, the accelerated rampup of new trading space delivery and the formation of a strong senior management team. Stephan and Igor have worked together closely over this period, in particular with regard to building the current leadership team. Stephan previously served on the Board from 2008-2012. The Board is confident that Stephan’s appointment as Chairman offers shareholders and other stakeholders the greatest continuity.

Stephan DuCharme, CEO, commented: “I am proud that with my team we have been successful in returning X5 to a pathway of strong and sustainable growth. I am pleased and honored to transition to a new role as future Chairman of the Supervisory Board. In this role I look forward to guiding, supporting and encouraging X5 in its aim for sustainable market leadership within the unique Russian food retail landscape. As Chairman I will focus on strategic issues such as exploring further growth opportunities for the Company, key partnerships and engagement with shareholders.”

Igor has been a member of the Board and Chairman of its Nomination and Remuneration Committee since 2013. In this capacity he has played an active role in the formation of the current X5 senior management team, based on a deep understanding of X5 and its business needs. Igor has been Managing Partner and CEO in RosExpert, which he co-founded in 1996 and has subsequently successfully developed into the Russian alliance partner of Korn Ferry.

Stephan and Igor are working hand-in-hand over a three-month transition period to ensure a smooth and seamless transition, continuity of X5’s operating model and culture, as well as avoidance of any distraction as X5 pursues its objective of accelerated, sustainable and profitable growth. They will also ensure clear communication with employees, shareholders and other stakeholders during this period.

Dmitry Dorofeev, Chairman of the Board, commented: “Stephan became CEO of X5 Retail Group at a moment when the Company faced important challenges. He initiated a process of re-positioning the Company to take advantage of the unique opportunity in Russian food retail, and the current results demonstrate the success of the transformation. I would like to join my fellow Board members in thanking Stephan for his contribution. Recognising and respecting Stephan’s decision to step down as CEO, the Board welcomes the fact that he will continue to be closely associated with X5’s ongoing development in his capacity as Chairman.

Igor is highly familiar with the Company’s strategy and affairs having served on the Board for the past two years. We are confident that under his future executive leadership the senior management team will continue to execute on our strategy of maximizing retail customer satisfaction and delivering shareholder value for X5 Retail Group.”

Note to Editors:

X5 Retail Group N.V. (LSE: FIVE, Fitch – ‘BB’, Moody’s – ‘Ba3’, S&P – ‘BB-‘) is a leading Russian food retailer. The Company operates several retail formats: a chain of proximity stores under the Pyaterochka brand, a supermarket chain under the Perekrestok brand, the hypermarket chain under the Karusel brand, as well as Express convenience stores under various brands.

As of 30 June 2015, X5 had 5,971 Company-operated stores. It has the leading market position in both Moscow and St. Petersburg, and a significant presence in the European part of Russia. Its store base includes 5,273 Pyaterochka proximity stores, 438 Perekrestok supermarkets, 83 Karusel hypermarkets and 177 convenience stores. The Company operates 35 DCs and 1,364 Company-owned trucks across the Russian Federation.

For the full year 2014, revenue totalled RUB 633,873 mln (USD 16,498 mln), EBITDA reached RUB 45,860 mln (USD 1,194 mln), and profit for the period amounted to RUB 12,691 mln (USD 330 mln). In Q1 2015, revenue totalled RUB 182,725 mln (USD 2,938 mln), EBITDA reached RUB 13,129 mln (USD 211 mln), and net income amounted to RUB 4,110 mln (USD 66 mln).

X5’s Shareholder structure is as follows: Alfa Group – 47.86%, founders of Pyaterochka – 14.43%, X5 Directors – 0.05%, treasury shares – 0.01%, free float – 37.64%.

Forward looking statements:
This announcement includes statements that are, or may be deemed to be, “forward-looking statements”. These forward-looking statements can be identified by the fact that they do not only relate to historical or current events. Forward-looking statements often use words such as “anticipate”, “target”, “expect”, “estimate”, “intend”, “expected”, “plan”, “goal”, “believe”, or other words of similar meaning.

By their nature, forward-looking statements involve risk and uncertainty because they relate to future events and circumstances, a number of which are beyond X5 Retail Group N.V.’s control. As a result, actual future results may differ materially from the plans, goals and expectations set out in these forward-looking statements.

Any forward-looking statements made by or on behalf of X5 Retail Group N.V. speak only as at the date of this announcement. Save as required by any applicable laws or regulations, X5 Retail Group N.V. undertakes no obligation publicly to release the results of any revisions to any forward-looking statements in this document that may occur due to any change in its expectations or to reflect events or circumstances after the date of this document.

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

Elena Konnova
Corporate Communications Director
Tel.: +7 (495) 662-8888 ext. 41303
e-mail: Elena.Konnova@x5.ru

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SAP to implement high-performance platform for the storage and processing of SAP HANA data for Russian food retailer X5 Retail Group

Moscow, Russia, 2015-8-31— /EPR Retail News/ — X5 Retail Group, a leading Russian food retailer (LSE ticker: “FIVE”), and SAP, one of the global market leaders for enterprise application software, have signed a contract to implement a high-performance platform for the storage and processing of SAP HANA data based on the SAP HANA Enterprise Cloud environment. This will allow X5 to analyze information about billions of purchases made across the retail chain, to plan product lines, forecast demand, accommodate changes in consumer demand and carry out tailored marketing campaigns aimed at any of the Group’s target customer segments.

SAP HANA will enable X5 to quickly analyze several years’ worth of data on transactions carried out with suppliers, as well as documents relating to logistics and transportation, financial transactions, and also data on all purchases over the past three years. The system will be implemented quickly thanks to the Enterprise Cloud environment, with assistance from SAP’s technical support team at SAP’s Moscow-based data center. The basic data set will include around four billion checks.

In addition, this new solution will help to increase significantly the speed at which standard reports and analytics are carried out. It’s planned that within the next 9-12 months, X5 will be able to receive reports on transactions in stores with virtually no delay. Operational analytical data that were until now only available for the previous day will be generated within 30 minutes.

Stephan DuCharme, CEO of X5 Retail Group said: “In line with our strategy to develop as a multi-format retailer, X5 is constantly improving the value proposition of each distribution network and aims to meet the expectations of all target groups. The SAP HANA platform will let us focus on innovations to understand more accurately the current demands of our customers, our business and our partners.”

Stefan Höchbauer, SAP President, Middle & Eastern noted: “Given the market dynamics and increasing level of competition, the ability to accurately plan the product range, to analyze huge volumes of detailed information in real time, while managing customer expectations are all very important for retailers. The SAP HANA platform will provide the basis for innovation, helping X5 Retail Group to better manage its business and relationships with customers and suppliers.”

Note to Editors:
X5 Retail Group N.V. (LSE: FIVE, Fitch – ‘BB’, Moody’s – ‘Ba3’, S&P – ‘BB-’) is a leading Russian food retailer. The Company operates several retail formats: the chain of proximity stores under the Pyaterochka brand, the supermarket chain under the Perekrestok brand, the hypermarket chain under the Karusel brand and Express convenience stores under various brands.

As of 30 June 2015, X5 had 5,971 Company-operated stores. It has the leading market position in both Moscow and St. Petersburg and a significant presence in the European part of Russia. Its store base includes 5,273 Pyaterochka proximity stores, 438 Perekrestok supermarkets, 83 Karusel hypermarkets and 177 convenience stores. The Company operates 35 DCs and 1,364 Companyowned trucks across the Russian Federation.

For the full year 2014, revenue totaled RUB 633,873 mln (USD 16,498 mln), EBITDA reached RUB 45,860 mln (USD 1,194 mln), and profit for the period amounted to RUB 12,691 mln (USD 330 mln). In H1 2015, revenue totaled RUB 382,608 mln (USD 6,666 mln), EBITDA reached RUB 27,518 mln (USD 479 mln), and net income amounted to RUB 7,942 mln (USD 138 mln).

X5’s Shareholder structure is as follows: Alfa Group – 47.86%, founders of Pyaterochka – 14.43%, X5 Directors – 0.05%, treasury shares – 0.01%, free float – 37.64%.

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

Anastasiya Kvon
IR Director
Tel.: +7 (495) 792-3511
e-mail: Anastasiya.Kvon@x5.ru

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X5 Retail Group announces the opening of its 6,000th store in Russia

MOSCOW, 2015-7-30 — /EPR Retail News/ — X5 Retail Group, a leading Russian food retailer (LSE ticker: “FIVE”), announces today the opening of its 6,000th store in Russia, as well as the more than doubling of the growth rate of its retail chains. It took X5 242 days to open the last 1,000 stores. The Group has increased the average rate of new store launches from two to four facilities per day.

Stephan DuCharme, X5 Retail Group CEO said: “Opening the 6,000th store is a milestone for the Group. It was just in autumn last year when we crossed the 5,000 store threshold, but we have already achieved a new breakthrough and are now celebrating 6,000 retail locations. In recent years, X5 Retail Group has expanded its footprint significantly. Currently X5 retail chains operate in over 50 regions across European Russia, the Urals and Siberia. In the current economic environment, modern retail provides the best option for Russian consumers, which is why we will continue to focus on organic growth.”

The landmark 6,000th facility is a Perekrestok store in Moscow, near Kievskiy Vokzal Square (8 Bolshaya Dorogomilovskaya Street). The new store in central Moscow will come as a welcome, modern addition to the area’s limited food retail options.

Alexei Nemeryuk, Director of Moscow City Department of Trade and Services, and Vladimir Sorokin, General Director of Perekrestok supermarket chain, attended the opening ceremony.

The total area of the new store is 1,813 sq m, and the product range includes around 9,500 SKUs, centred around fresh and ultra-fresh products. Thanks to an in-house bakery, the store will feature an extended offering of bread and pastries; there will also be a wide selection of in-house deli, fish and seafood products. The supermarket was opened in line with the new concept “Perekrestok – Choose the Best!”, which focuses on efficient shopping space arrangement and lighting. The shopping space layout, location of promotional offers and interior colours are all tailored to customer preferences and designed to ensure a better shopping experience.

Notes to Editors:

X5 Retail Group N.V. (LSE: FIVE, Fitch – ‘BB’, Moody’s – ‘Ba3’, S&P – ‘BB-’) is a leading Russian food retailer. The Company operates several retail formats: a chain of proximity stores under the Pyaterochka brand, a supermarket chain under the Perekrestok brand, the hypermarket chain under the Karusel brand, as well as Express convenience stores under various brands.

As of 30 June 2015, X5 had 5,971 Company-operated stores. It has the leading market position in both Moscow and St. Petersburg, and a significant presence in the European part of Russia. Its store base includes 5,273 Pyaterochka proximity stores, 438 Perekrestok supermarkets, 83 Karusel hypermarkets and 177 convenience stores. The Company operates 35 DCs and 1,364 Company-owned trucks across the Russian Federation.

For the full year 2014, revenue totalled RUB 633,873 mln (USD 16,498 mln), EBITDA reached RUB 45,860 mln (USD 1,194 mln), and profit for the period amounted to RUB 12,691 mln (USD 330 mln). In Q1 2015, revenue totalled RUB 182,725 mln (USD 2,938 mln), EBITDA reached RUB 13,129 mln (USD 211 mln), and net income amounted to RUB 4,110 mln (USD 66 mln).

X5’s Shareholder structure is as follows: Alfa Group – 47.86%, founders of Pyaterochka – 14.43%, X5 Directors – 0.05%, treasury shares – 0.01%, free float – 37.64%.

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

Anastasiya Kvon
IR Director
Tel.: +7 (495) 792-3511
e-mail: Anastasiya.Kvon@x5.ru

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Russian food retailer X5 Retail Group N.V. announces the opening of its 5,555th store, a Pyaterochka proximity store in Lyubertsy, Moscow Region

Moscow, 2015-4-1 — /EPR Retail News/ — X5 Retail Group N.V., (‘X5’ or the ‘Company’) a leading Russian food retailer (LSE ticker: ‘FIVE’), is pleased to announce today the opening of the Company’s 5,555th store, a Pyaterochka proximity store in Lyubertsy, Moscow Region, marking an important milestone for X5.

It took only four months to open store number 5,555 after the Company announced the opening of store number 5,000, a Perekrestok supermarket in Chelyabinsk, in November 2014.

The new Pyaterochka, located within a residential complex in the city of Lyubertsy, at 1 Oktyabrsky Avenue, is Pyaterochka’s 20th store in Lyubertsy (the first Pyaterochka store opened in the city 10 years ago). The new store has a total floor space of 740 square meters, including 548 square meters of selling space, with an assortment of 4,332 SKUs. The new store fully complies with the ‘New Pyaterochka’ concept.

Among those attending the opening ceremony were Stephan DuCharme, X5 Retail Group CEO, Olga Naumova, CEO of Pyaterochka, senior management of the Perekrestok and Karusel retail chains, Lyubertsy’s municipal authorities and various Russian suppliers.

Stephan DuCharme, X5 Retail Group CEO, commented:

‘The opening of store number 5,555 demonstrates the outstanding progress and solid results X5 achieved in 2014 developing its retail chains, and the Company continues to capitalize on these achievements. We remain committed to accelerating openings of new modern retail stores, creating additional jobs, enhancing cooperation with Russian suppliers and offering a best in class assortment for a wide range of customers.’

Note to Editors:

X5 Retail Group N.V. (LSE: FIVE, Fitch – ‘BB’, Moody’s – ‘B2’, S&P – ‘B+’) is a leading Russian food retailer. The Company operates several retail formats: the chain of proximity stores under the Pyaterochka brand, the supermarket chain under the Perekrestok brand, the hypermarket chain under the Karusel brand and Express convenience stores under various brands.

At 31 December 2014, X5 had 5,483 Company-operated stores. It has the leading market position in both Moscow and St. Petersburg and a significant presence in the European part of Russia. Its store base includes 4,789 Pyaterochka proximity stores, 403 Perekrestok supermarkets, 82 Karusel hypermarkets and 209 convenience stores. The Company operates 34 DCs and 1,438 Company-owned trucks across the Russian Federation.

For the full year 2014, revenue totaled RUB 633,873 mln (USD 16,498 mln), EBITDA reached RUB 45,860 mln (USD 1,194 mln), and profit for the period amounted to RUB 12,691 mln (USD 330 mln).

X5’s Shareholder structure is as follows: Alfa Group – 47.86%, founders of Pyaterochka – 14.43%, X5 Directors – 0.04%, treasury shares – 0.04%, free float – 37.63%.

 

Contacts:
Gregory Madick
Executive IR Director
Tel.: +7 (495) 502-9783
e-mail: Gregory.Madick@x5.ru

Anastasiya Kvon
IR Director
Tel.: +7 (495) 792-3511
e-mail: Anastasiya.Kvon@x5.ru

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X5 Retail Group launched Х5000, its pre-New Year project organized around the opening of X5’s 5,000th store

Moscow, 2014-11-27 — /EPR Retail News/ — X5 Retail Group N.V., (“X5” or the “Company”), a leading Russian food retailer (LSE ticker: “FIVE”), announced today the launch of Х5000 (the “Project”), the Company’s pre-New Year project organized around the opening of X5’s 5,000th store. The Project will mark this symbolic milestone with a number of ceremonial store openings across Russia. The Project also has a special focus on the Urals in line with X5’s strategic development plans for the region, which are supported by signed cooperation agreements with the governments of the Tyumen, Sverdlovsk and Chelyabinsk Regions.

X5’s supermarket chain, “Perekrestok”, will have the honor of opening the Company’s 5,000th store in the city of Chelyabinsk on 28 November. The new Perekrestok supermarket will have a sales area of 1,745 square meters and an assortment of approximately 13,000 products, including own-production of prepared dishes and bakery items. This will be the first supermarket opened in the Urals under the new Perekrestok concept, “Choose the Best”, which the chain introduced this summer. It will also be Perekrestok’s second supermarket in the city of Chelyabinsk and the fourth in the Chelyabinsk Region.

The opening ceremonies will be attended by Stephan DuCharme, X5 Retail Group CEO, and Perekrestok’s General Director, Vladimir Sorokin. The opening of X5’s 5,000th store will be accompanied by a number of ceremonial openings at the Company’s other formats as part of the Project. On 27 November, Perekrestok plans to open the chain’s 400th supermarket in Southern Moscow while on the same day Pyaterochka will open the format’s 500th store in the city of Dobryanka in the Perm Territory. The Project will also include the re-opening of two refurbished Karusel hypermarkets in the city of Ekaterinburg on 29 November, which will be followed by the opening of a new hypermarket in Mitishchi, the 500th Moscow Pyaterochka and the 200th Tatarstan Pyaterochka, all in December.

The planned openings of new and refurbished Pyaterochkas, Perekrestoks, Karusels and Express stores will be a true celebration not only for X5, but for millions of customers as well.

Stephan DuCharme, X5 Retail Group CEO, commented:

“X5 remains focused on the strategic expansion of its multi-format offering and providing quality food products at fair prices to as many customers as possible. We will continue to expand our presence in the regions, to create new job opportunities for local residents, to increase cooperation with local suppliers and continue to develop our social and charitable programs.

5,000 stores – this is a new stage in the development of X5.”

Note to Editors:
X5 Retail Group N.V. (LSE: FIVE, Moody’s – “B2”, S&P – “B+”) is a leading Russian food retailer. The Company operates several retail formats: the chain of economy class stores under the Pyaterochka brand, the supermarket chain under the Perekrestok brand, the hypermarket chain under the Karusel brand, Express convenience stores under various brands and the online retail channel under the E5.RU brand.

At 30 September 2014, X5 had 5,005 Company-operated stores. It has the leading market position in both Moscow and St. Petersburg and a significant presence in the European part of Russia. Its store base includes 4,342 Pyaterochka economy-class stores, 389 Perekrestok supermarkets, 81 Karusel hypermarkets and 193 Express stores. The Company operates 31 DCs and 1,528 Company-owned trucks across the Russian Federation.

For the full year 2013, revenue totaled RUB 534,560 mln, EBITDA reached RUB 38,350 mln, and net income amounted to RUB 10,984 mln. In 9M 2014, revenue totaled RUB 452,285 mln, EBITDA reached RUB 32,365 mln, and net income amounted to RUR 9,869 mln.

X5’s Shareholder structure is as follows: Alfa Group – 47.86%, founders of Pyaterochka – 14.43%, X5 Directors – 0.03%, treasury shares – 0.04%, free float – 37.64%.

Contacts:
Gregory Madick
Executive IR Director
Tel.: +7 (495) 502-9783
e-mail: Gregory.Madick@x5.ru