X5 Retail Group N.V. announces the offering of its RUB 5 billion BO-07 series ruble-denominated bonds

Moscow, 2016-Aug-12 — /EPR Retail News/ — X5 Retail Group N.V. (“X5” or “the Company”), a leading Russian food retailer (LSE ticker: “FIVE”), announces the offering of its RUB 5 billion BO-07 series ruble-denominated bonds, issued by LLC X5 Finance.

The coupon rate on the bonds, which have a put option after 2.5 years, is set at 9.75% p.a. The Company plans to use the proceeds from the issue to finance its current operations, including for debt refinancing in order to improve its loan portfolio structure.

The offering was arranged by VTB Capital, Raiffeisenbank, UniCredit Bank, and BK REGION.

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 2016, X5 had 7,936 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 7,164 Pyaterochka proximity stores, 493 Perekrestok supermarkets, 89 Karusel hypermarkets and 190 convenience stores. The Company operates 35 DCs and 1,469 Company-owned trucks across the Russian Federation.

For the full year 2015, revenue totalled RUB 808,818 mln (USD 13,268 mln), Adjusted EBITDA reached RUB 59,413 mln (USD 975 mln), and net profit for the period amounted to RUB 14,174 mln (USD 233 mln). In Q1 2016, revenue totalled RUB 231,611 mln (USD 3,104 mln), EBITDA reached RUB 16,493 mln (USD 221 mln), and net profit amounted to RUB 5,054 mln (USD 68 mln).

X5’s Shareholder structure is as follows: Alfa Group – 47.86%, founders of Pyaterochka – 14.43%, X5 Directors – 0.06%, 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

Andrey Vasin
Investor Relations Officer
Tel.:+7 (495) 662-8888 ext. 21-456
e-mail: Andrey.Vasin@x5.ru

Source: X5 Retail Group

X5 Retail Group N.V. announces that Moody’s rating agency upgrades its outlook to positive from stable

Moscow, 2016-Jul-11 — /EPR Retail News/ — X5 Retail Group N.V. (“X5” or “the Company”), a leading Russian food retailer (LSE ticker: “FIVE”), announces that Moody’s rating agency has changed the outlook on the Company’s Ba3 corporate family rating (CFR) and the Ba3-PD probability of default rating (PDR) to “positive” from “stable”.

The agency stated that the main factors supporting the positive outlook on X5’s Ba3 rating are the Company’s resilience to industry cycles, which is proven by healthy operating results with market-leading revenue growth and a gradually improving financial profile.

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 March 2016, X5 had 7,397 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 6,636 Pyaterochka proximity stores, 486 Perekrestok supermarkets, 91 Karusel hypermarkets and 184 convenience stores. The Company operates 35 DCs and 1,462 Company-owned trucks across the Russian Federation.

For the full year 2015, revenue totaled RUB 808,818 mln (USD 13,268 mln), Adjusted EBITDA reached RUB 59,413 mln (USD 975 mln), and net profit for the period amounted to RUB 14,174 mln (USD 233 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 of 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

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

Source: X5 Retail Group

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

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

X5 Retail Group N.V., further expands its Perekrestok chain of supermarkets with the opening of seven new stores in March

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 the further expansion of its Perekrestok chain of supermarkets. Today, five new stores were opened, three of them located in Moscow, one in Kazan and one in Nizhny Novgorod, while on 25 March, Perekrestok opened the format’s second supermarket in the city of Tula. In total, X5’s supermarket format opened seven new stores and reopened one refurbished store during the month of March. All of the stores fully comply with the format’s new “Perekrestok – Choose the Best!” concept, which was launched in October 2014.

The new Perekrestok concept is the culmination of the experience and know-how acquired by the chain over the past 20 years of operations with a focus on modern equipment, efficient layout of floor space, as well as interior and exterior improvements. The new look, location of promotional offers and interior colors are all designed to provide a better shopping experience for our customers.

The selling space of the new supermarkets varies between 800 to 1,500 square meters, with an assortment of up to 12,000 products. The assortment is focused on fresh and ultra-fresh products (up to 55% of total products) and an extended offering of bread and bakery, ownproduction of culinary items, fish and seafood. The format is actively targeting cooperation with regional suppliers, with their share of the total assortment varying between 20% and 40% (depending on the region) and reaching 60% to 70% in the fresh and ultra-fresh categories.

In addition to the enhanced promotional offers and loyalty program, this year Perekrestok extended the pensioner program that provides a 10% discount on the top thirty essential products for these shoppers.

The opening of the new supermarkets has resulted in the creation of approximately 400 new jobs.

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

 

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

Russian food retailer X5 Retail Group N.V. announces winners of the Nutcracker International Television Contest for Young Musicians

Moscow, 2014-12-11 — /EPR Retail News/ — X5 Retail Group N.V., (“X5” or the “Company”), a leading Russian food retailer (LSE ticker: “FIVE”), announced today the winners of the Nutcracker International Television Contest for Young Musicians (the “Contest”). The Company acted as a general partner of the 15th running of the Contest, which took place in Moscow from 2 December to 9 December, 2014. The final round of the contest took place on 9 December at the P. I. Tchaikovsky Concert Hall and was broadcast live by the contest organizer, RussianKultura TV channel (VGTRK) and by Radio Russia Kultura.
http://tvkultura.ru/video/show/brand_id/58498/episode_id/1151578/video_id/1110504

This year young musicians (up to 14 years old) from Russia, Germany, Thailand, Australia, Egypt, Ukraine, Belorussia, Moldova, Georgia, Armenia and Kazakhstan were divided into groups by specialization: “wind and percussion instruments”, “strings” and “piano” and went through three rounds of competition.

The final round included nine contestants from Russia (Novosibirsk, Shuya, Voronezh, Moscow, and Barnaul), Armenia and Belorussia. The finalists’ performances were accompanied by the Moscow State Philharmonic Academic Symphony Orchestra conducted by the artistic director and head manager of the Saint Petersburg State Theater “Music Hall” Fabio Mastrangelo. The masters of ceremonies for the final round of the contest were Fyokla Tolstaya and Evgeniy Kungurov.

The finalists’ performances were evaluated by a distinguished panel of ten musical experts including People’s Artist of Russia, Daniil Kramer; artistic director of the Galina Vishnevskaya Opera Singing Center and president of the M. L. Rostropovich Foundation, Olga Rostropovich; honorary conductor of the Philadelphia Chamber Orchestra, Ignat Solzhenitsyn; and, well-known violinist and People’s Artist of USSR, Liana Isakadze.

The Golden Nutcracker awards went to the young pianist from Belorussia, Vladislav Khandogiy, to the violinist from Voronezh, Georgiy Ibatulin and to the saxophone player from Shuya, Georgiy Djishkariani. X5 also presented all nine finalists and participants of the Contest with valuable prizes as well as providing “Candies of Kindness” for the audience.

The President of the Russian Federation, Vladimir Putin, has designated 2014 to be the Year of Culture. This year Х5 also became a strategic partner of the annual Living Classics International Contest for young elocutionists, where more than two million students from all over the world compete in reciting classical works of literature.

As a socially conscious company, Х5 implements charity projects together with the Lifeline Foundation for helping critically ill children; it also attaches great importance to supporting gifted children and promoting cultural and moral values. Taking into account the scale of X5’s business ventures, the Company is able to draw the attention of the widest possible audience to such projects.

For additional information please contact:
Denis Kuznetsov
Senior Public Relations Manager
+7-495 502-9783 ext. 11376
Denis.Kuznetsov@x5.ru

Vladimir Rusanov
Director of Public Relations
+7 (495) 662-8888 ext. 11357
Vladimir.Rusanov@x5.ru

Information:
X5 Retail Group N.V. (stock ticker at the London Stock Exchange — FIVE, Moody’s rating — B2, S&P rating — B+) is one of the leading grocery retailers in Russia. The Company manages stores of several retail chains: economy class groceries under the Pyaterochka brand, supermarkets under the Perekrestok brand, hypermarkets under the Carousel brand, Express Retail stores under various brands as well as the E5.RU online store.

By September 30, 2014, the Company had under its management 5,005 stores occupying the leading positions in retail in Moscow and Saint Petersburg and having a significant presence in the European part of Russia. The Company’s chain of stores includes 4,342 Pyaterochka stores, 389 Perekryostok supermarkets, 81 Carousel hypermarket and 193 Express stores. The company also manages 31 distribution center within the territory of Russian Federation and 1,528 cargo vehicles of its own.

In 2013 the Company revenues amounted to 534,560 million rubles, the EBITDA index reached 38,350 million rubles, and the net profit, 10,984 million rubles. Based on nine months of 2014 the revenues of X5 amounted to 452,285 million rubles, the EBITDA index reached 32,365 million rubles, and the net profit, 9,869 million rubles.

The shareholders of X5 are: Alpha Group — 47.86%, founders of Pyaterochka — 14.43%, X5 directors — 0.03%, treasury shares — 0.04%, public floats — 37.64%.

Russian food retailer X5 Retail Group N.V. announces the cessation of active commercial operations at E5.RU, the Company’s online retail channel

Amsterdam, 2014-12-8 — /EPR Retail News/ — X5 Retail Group N.V., (‘X5’ or the ‘Company’), a leading Russian food retailer (LSE ticker: ‘FIVE’), announced today the cessation of active commercial operations at E5.RU (“E5”), the Company’s online retail channel, effective 1 January 2015.

The Company continues to evaluate the role technology and innovation will play in complementing the value propositions of the current “brick-and-mortar” food retail business as well as delivering better services and value to customers.

E5 will cease taking online orders as of 10 December 2014 while the Company will continue to honor any obligations the online retailer has to customers. E5.RU was launched by X5 in February 2012. The online retailer recorded net Russian Rouble sales of 502 million and 1,431 million in 2012 and 2013, respectively, or 0.1% and 0.2% of the Company’s total net retail sales for the respective periods.

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%.

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

Russian food retailer X5 Retail Group N.V. announces that Standard & Poor’s changed the Company’s outlook from stable to positive

Amsterdam, 2014-11-19 — /EPR Retail News/ — X5 Retail Group N.V. (“X5” or the “Company”), a leading Russian food retailer (LSE ticker: “FIVE”), announced today that Standard & Poor’s (“S&P”) has changed the Company’s outlook from stable to positive and affirmed X5’s long-term corporate rating at B+.

As stated in the rating agency’s press-release, “The rating actions reflect the group’s improved operating performance and credit metrics over the past few quarters. We think that the group should be able to sustain similar or stronger operating performance and credit measures over the next few quarters, despite ongoing difficult economic conditions in Russia.” S&P also noted that, “X5’s liquidity was adequate, as defined in our criteria, with sources comfortably covering uses, which is expected to continue due to the active refinancing of debt and keeping short-term maturities at manageable levels.”

The agency explained that the change in outlook to stable from positive was mainly prompted by its view that “The Company has adopted a more disciplined financial policy over the past four years, especially in terms of acquisitions, which, if continued, should support an upgrade.”

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 RUB 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%.

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

Russian food retailer X5 Retail Group N.V. announces the opening of its second distribution center in the Nizhny Novgorod Region

Dzerzhinsk, Russia, 2014-11-18— /EPR Retail News/ — X5 Retail Group N.V., (“X5” or the “Company”), a leading Russian food retailer (LSE ticker: “FIVE”), announced today the opening of the Company’s second distribution center (DC) in the Nizhny Novgorod Region. The new DC is located in Dzerzhinsk and will focus on providing goods to Perekrestok and Karusel stores in the Nizhny Novgorod and Kirov Regions and the Chuvash and Mari El Republics. Sladkaya Zhizn owns the 44,000 square meter facility and will act as operator.

According to X5’s logistics development strategy the DC will enable stores to offer a wide ranging assortment, including a higher share of products from local suppliers. Currently, the Dzerzhinsk DC can accommodate approximately 11,000 SKUs, including grocery, beverages, fresh, frozen, associated and non-food goods. In line with the three-year strategy’s objective to increase centralization levels the new facility plans to increase the number of SKU’s handled by the DC to over 15,000, including products from local suppliers.

Previously, X5 managed just one DC in the Nizhny Novgorod Region in the city of Kstovo. Since the opening of the new DC the Kstovo DC will provide dedicated services for Pyaterochka stores. Currently, there are nine Karusel hypermarkets, 25 Perekrestok supermarkets and 452 Pyaterochka stores operating in the Nizhny Novgorod and Kirov Regions and the Chuvash and Mari El Republics. The new DC facility provides additional logistics capacity, which will allow X5 to continue expanding in the aforementioned regions and republics while at the same time enabling the Company to increase the pool of local suppliers, reduce logistics costs and streamline business processes related to store replenishment. X5’s accent on fresh products in store assortments provides greater opportunities for collaboration with regional suppliers.

Dzerzhinsk DC is the second project under the Company’s new logistics strategy. On 12 September, X5 opened the Rostov DC, the second distribution center in the Rostov region, which provides dedicated services for Pyaterochka stores while the Don DC, the region’s first distribution center, remains focused on services for Perekrestok and Karusel stores located in the south of Russia. The Company is now preparing to open a new class ‘A’ distribution facility in the Voronezh Region.

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 RUB 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%.

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