X5 Retail Group assigned long-term credit rating of ruAA with a stable outlook by RAEX rating agency

Amsterdam, 2018-Jan-23 — /EPR Retail News/ — X5 Retail Group, (“X5” or the “Company”), a leading Russian food retailer (LSE ticker: FIVE), announces that RAEX rating agency (“RAEX”) has assigned X5 a long-term credit rating of ruAA with a stable outlook.

RAEX in its press release outlines the key factors contributing to this credit rating, which include the Company’s rapid revenue growth, operational efficiency, leading market position and low leverage. In addition, as part of the corporate risk profile analysis, RAEX points noted the “high quality corporate management and risk management at X5, including a high level of insurance coverage and high level of information transparency.”

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.

X5 Retail Group assigned a long-term credit rating of ruAA with a stable outlook by RAEX rating agency

AMSTERDAM, the Netherlands, 2017-Dec-27 — /EPR Retail News/ — X5 Retail Group, (“X5” or the “Company”), a leading Russian food retailer (LSE ticker: FIVE), announces that RAEX rating agency (“RAEX”) has assigned X5 a long-term credit rating of ruAA with a stable outlook.

RAEX in its press release outlines the key factors contributing to this credit rating, which include the Company’s rapid revenue growth, operational efficiency, leading market position and low leverage. In addition, as part of the corporate risk profile analysis, RAEX points noted the “high quality corporate management and risk management at X5, including a high level of insurance coverage and high level of information transparency.”

SOURCE: X5 Retail Group N.V.

For further details please contact:
Maxim Novikov
Head of Investor Relations
Tel.: +7 (495) 502-97-83
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

X5 Retail Group and Mail.Ru Group partner to measure the impact of targeted online advertising on offline sales

MOSCOW, Russia, 2017-Dec-14 — /EPR Retail News/ — X5 Retail Group, (“X5” or the “Company”), a leading Russian food retailer (LSE ticker: FIVE), and Mail.Ru Group have launched a partnership to measure the impact of targeted online advertising on offline sales. The solution has already been tested by the global media group Dentsu Aegis Network.

The partnership between Mail.Ru Group and X5 will provide myTarget platform clients with access to anonymised data about X5 consumer behaviour, with a view to enhancing the accuracy of ad targeting and linking ad impression data with sales performance at the Pyaterochka, Perekrestok and Karusel chains. During the test period, X5 created anonymised customer segments for specific advertisers, dividing potential customers into groups based on their consumption patterns. Such customer segments were accessed through Data Marketplace myTarget. In the near future, public segments will be added featuring a CPM-based monetisation model.

This will contribute to improving the efficiency of online advertising campaigns and help advertisers to better understand the demand curve for specific products. The pilot campaigns run by Dentsu Aegis Network using X5 data brought its clients to a completely new level in converting ads into sales.

We help advertisers achieve the best conversion rates through continuous improvement of myTarget functions. Today, as part of our partnership with X5 Retail Group, we are pleased to offer our customers new opportunities to assess the effect on offline sales of online ads, coupled with new targeting opportunities. With a wider range of customer segments available, businesses are able to select target audiences for advertising messages as accurately as possible,” commented Elina Isagulova, Vice President, Commercial Director of Mail.Ru Group.

X5 Retail Group Strategic Marketing and Planning Director Vadim Kapustin said: “Comprehensive knowledge of customer behaviour, individual needs and preferences is what every retailer, telecom operator, bank and mass market company needs. At X5, we use accumulated purchasing data for effective marketing communication in the interests of food producers. By offering the opportunity to assess the actual impact of digital advertising campaigns on sales in the Company’s stores, we provide food manufacturers with a powerful tool for optimising marketing costs.”

Dentsu Aegis Network Head of Data Lab Mikhael Shklyaev said: “In cooperation with X5 Retail Group, we have managed to solve one of advertisers’ biggest challenges: we now understand what impact each specific ad impression has on the offline sales of each product advertised. The mathematical model we have developed with X5 enables us to calculate cost effectiveness, optimise ad frequency, and choose the best formats using actual sales data rather than our beliefs or experience.”

SOURCE: X5 Retail Group N.V.

For further details please contact:

Maxim Novikov
Head of Investor Relations
Tel.: +7 (495) 502-97-83
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

X5 Retail Group appoints Svetlana Demyashkevich as Chief Financial Officer

Moscow, 2017-Jun-26 — /EPR Retail News/ — X5 Retail Group N.V. (“X5” or “the Company”), a leading Russian food retailer (LSE ticker: “FIVE”), announces that Svetlana Demyashkevich has been appointed as Chief Financial Officer effective from 29 June 2017. Dmitry Gimmelberg has decided to leave the Company, but will temporarily stay on as Advisor to the CEO in order to facilitate a smooth transition.

X5 Retail Group CEO Igor Shekhterman said:

“I would like to thank Dmitry Gimmelberg for his meaningful contribution to the further development of the Company’s financial management function, including improvements to controls and budgeting, as well as streamlining of the investment process.

Svetlana has multifaceted experience in financial management in the banking and corporate sectors. She has worked on setting up and improving the efficiency of business planning, reporting and financial control systems, while also developing successful cooperation with major international financial institutions. With her qualifications and personal qualities,Svetlana will be able to quickly find her place in the X5 team and contribute effectively to the achievement of our strategic goals.”

Svetlana Demyashkevich graduated with honours from the Financial University of the Government of the Russian Federation and is an ACCA qualified accountant. She audited financial institutions at PricewaterhouseCoopers, and was the Financial Controller at UNICEF Russia. Since 2005, Svetlana has held several senior positions at Alfa-Bank, including head of audit and IFRS reporting. She also created and led the financial control service, investor and rating agency relations, the business intelligence centre, and the centralised purchasing service. In her most recent post as Deputy CFO, Svetlana also chaired the tender committee and the credit committee for small- and medium-sized corporate clients, and was involved in the activities of the Boards of Directors of several of the bank’s subsidiaries.

Contact:

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

Source: X5 Retail Group

X5 Retail Group joins Social Cards for Ulyanovsk Region Residents project

Moscow, 2017-Jun-09 — /EPR Retail News/ — X5 Retail Group (“X5” or the “Company”), a leading Russian food retailer (LSE ticker: FIVE), announces the signing of a letter of intent with the government of the Ulyanovsk region. The document was signed by Ulyanovsk region Governor Sergey Morozov and Х5 Retail Group Government Relations Director Stanislav Naumov.

Pursuant to the letter, the parties will cooperate on a programme to provide assistance for socially disadvantaged parts of the population as part of the Social Cards for Ulyanovsk Region Residents project. The parties have agreed to develop and implement electronic social certificates (ESCs) that could be used to pay for food products at the more than 90 Pyaterochka stores in the region. X5’s expertise and experience with a similar project in Moscow will be helpful for the successful launch of the Social Certificates for Ulyanovsk Region Residents project.

The Moscow government launched a project to provide social assistance to pensioners and multi-child families using ESCs in October 2013, and X5 was the first retailer to start accepting the certificates at its stores. In 2016, 250,000 Muscovites used ESCs to buy 480,000 items worth over RUB 260 million. An ESC can be obtained by submitting an application to the Moscow Department of Labour and Social Protection. If a decision is made to issue a certificate worth RUB 1,000, this information will appear on the Moscow resident’s social card. The cardholder can then use the certificate to pay for goods (excluding tobacco and alcohol) by scanning it at the checkout.

Moscow is the only Russian city currently offering ESCs, which are a cost-effective and convenient alternative to food baskets, the traditional method of providing food aid. The certificates give Muscovites an opportunity to choose when and what to buy using social subsidies. According to the Russian Public Opinion Research Centre (VCIOM), most of the Russian population approves of substituting food baskets with ESCs.​

Note to Editors:
X5 Retail Group N.V. (LSE: FIVE, Fitch – ‘BB’, Moody’s – ‘Ba2’, 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 2017, X5 had 9,817 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 9,002 Pyaterochka proximity stores, 544 Perekrestok supermarkets, 90 Karusel hypermarkets and 181 convenience stores. The Company operates 36 DCs and 2,293 Company-owned trucks across the Russian Federation.

For the full year 2016, revenue totalled RUB 1,033,667 mln (USD 15,420 mln),
Adjusted EBITDA reached RUB 79,519 mln (USD 1,186 mln), and net profit for the period amounted to RUB 22,291 mln (USD 333 mln). In Q1 2017, revenue totalled RUB 293,078 mln (USD 4,981 mln), EBITDA reached RUB 22,167 mln (USD 377 mln), and net profit amounted to RUB 8,355 mln (USD 142 mln).
X5’s Shareholder structure is as follows: Alfa Group – 47.86%, Intertrust Trustees Ltd (Axon Trust) – 11.43%, X5 Directors – 0.06%, treasury shares – 0.01%,
Shareholders with less than 3% – 40.63%.

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 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 th 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.

Elements of this press release contain or may contain inside information about X5
Retail Group N.V. within the meaning of Article 7(1) of the Market Abuse Regulation (596/2014/EU).

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

RUSSIA: X5 Retail Group opens new distribution centre in Perm

Perm, 2017-May-19 — /EPR Retail News/ — X5 Retail Group, a leading Russian food retailer, announces the development of its Urals logistics infrastructure with the opening of a distribution centre (DC) in Perm.

The logistics facility of over 23,500 sq m will supply Pyaterochka stores in the Perm Region (currently more than 280 stores). Featuring five storage zones, each with a specific temperature band, the facility is designed to accommodate all categories of goods. This multi-format distribution centre is a key milestone in developing X5’s logistics infrastructure in the Urals, with the aim of optimising the number of DCs while also ramping up their capacity and capabilities.

The new logistics centre will ensure the freshness and availability of goods as Pyaterochka continues its active expansion, help to cut transportation costs, and unlock new opportunities for local producers. The Perm DC will be a focal point for local producers, enabling them to increase sales and bring their products to other regions. At full capacity, the DC will be able to process and handle products from over 350 local suppliers. The share of local producers in Pyaterochka’s product mix in the Perm Region is 22%, while in some categories (like bread and bakery) it reaches as much as 90%.

The logistics facility has increased the number of jobs provided by the Pyaterochka retail chain in the Perm Region by 230 to exceed 3,900 jobs.

The DC opening ceremony was attended by Deputy Prime Minister – Minister of Industry, Entrepreneurship and Trade of the Perm Region Alexey Chibisov and Pyaterochka CEO Olga Naumova. X5 Retail Group also invited managers from over 70 suppliers to take part in the ceremony. After the ceremony, the Perm DC hosted the X5 Dialogue Forum, where representatives of X5 Retail Group’s chain stores shared X5’s best practices in partnering with local suppliers and food producers. The local manufacturers received valuable advice on how to build relationships with retail chains, including information on product quality controls and requirements for transportation, storage, sales and disposal of food products set out in the Customs Union’s and X5’s relevant technical regulations.

X5 Retail Group views the development of logistics infrastructure as a strategic priority for the next few years. For the second year running, X5 leads the market by the number of DCs opened during the year. In 2015, X5 opened six new DCs with a total area of 142,000 sq m, while the area of the seven new DCs opened in 2016 totalled 212,000 sq m.

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 opens new distribution centre in Orenburg, Russia

Orenburg, 2017-Mar-06 — /EPR Retail News/ — X5 Retail Group N.V. (“X5” or the “Company”), a leading Russian food retailer, announces the development of its logistics infrastructure in the Southern Ural Region with the opening of a distribution centre (DC) in Orenburg.

The 19,000 sq m logistics facility will serve the Pyaterochka chain in the Orenburg Region (currently more than 220 stores), and will also supply 120 stores in the Republic of Bashkortostan starting in April. Featuring four separate temperature zones, the facility is designed to store nearly all categories of goods.

The new logistics centre is designed to ensure the availability and freshness of goods even as Pyaterochka continues its active expansion. It will also help to cut transportation costs and unlock new opportunities for local suppliers. The Orenburg DC will be the focal point for local producers, helping them to increase sales and bring their products to new regions. Some have been enjoying the benefits of the DC for several months, as centre has been in operation since November 2016. Today, the DC has reached 100% capacity: it is now ready to handle and accommodate products from over 300 suppliers. The logistics facility increased the number of jobs supported by the Pyaterochka retail chain in the Orenburg Region by 180, with the total now exceeding 2,800 jobs.

The official opening ceremony for the DC was attended by Orenburg region Governor Yuri Berg and Pyaterochka CEO Olga Naumova. X5 Retail Group also invited management from over 50 suppliers to take part in the event. After the ceremony, Orenburg DC hosted the X5 Dialogue Forum, where representatives of X5 Retail Group’s stores shared best practices in partnering with local suppliers and food producers. Local manufacturers received valuable advice on how to build relationships with retail chains, including information on product quality controls and requirements for transportation, storage, sales and disposal of food products set out in the Customs Union’s and X5’s technical regulations.

X5 Retail Group views the development of logistics infrastructure as a strategic priority for the next several years. For the second year running, X5 leads the market by the number of DCs opened throughout the year. In 2015, X5 opened six new DCs with a total area of 142,000 sq m, while the seven new DCs opened in 2016 totalled 212,000 sq m.

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 2016, X5 had 9,187 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 8,363 Pyaterochka proximity stores, 539 Perekrestok supermarkets, 91 Karusel hypermarkets and 194 convenience stores. The Company operates 35 DCs and 2,318 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 9M 2016, revenue totaled RUB 739,491 mln (USD 11,443 mln), EBITDA reached RUB 56,361 mln (USD 872 mln), and net profit amounted to RUB 19,874 mln (USD 308 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, “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.

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 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

X5 Retail Group and Internet Initiatives Development Fund announce retail partnership programme

Moscow, 2017-Feb-03 — /EPR Retail News/ — X5 Retail Group N.V. (“X5” or the “Company”), a leading Russian food retailer (LSE ticker: “FIVE”), today ( 2 February 2017) announces a strategic retail partnership programme with the Internet Initiatives Development Fund (IIDF) to test early-stage innovative projects and implement the best solutions in its business processes.

Under the partnership, the IIDF will set up a special retail track within its accelerator programme to give participating start-ups the opportunity to road-test their business models and multiply their growth. Applications may be submitted by companies offering products and services that can help streamline and improve the traditional shopping experience, personalise customer service, optimise logistics and shopping space layout, and increase conversion rates through synergies between online and offline sales.

Start-up companies completing the IIDF accelerator programme will be able to attract RUB 2 million to RUB 25 million in investment from the fund, and will have access to advice from Russia’s largest food retailer and the opportunity to test their business ideas on X5’s anonymised database of more than 3 billion purchases.

X5 will also launch projects to adopt high-potential start-up solutions in its business processes. Accelerator programme graduates and some mature names from the fund’s portfolio with an established track record will be invited to take part. The key requirement is for start-up products and services to be complementary to X5’s business strategy.

X5 CEO Igor Shekhterman said:

“Working with the IIDF will enable us to test and apply early-stage innovations, and to find new and unconventional solutions to deliver on our own objectives of focusing on operational improvements across the entire chain from suppliers to stores.”

IIDF CEO Kirill Varlamov said:

“Strategic partnership with X5 gives a strong competitive edge to start-ups in IIDF’s portfolio. Working with X5 gives founders access to industry-leading expertise at the very earliest stages, lets them test hypotheses on X5’s big data to deliver a perfect product-market fit, and once the pilot projects are completed will give them a successful case-study of working with Russia’s largest offline retailer.”

Until recently, investments in retail-tech start-ups disproportionately lagged the retail segment’s contribution to GDP worldwide: in 2015, global retail turnover was USD 22.6 trillion, while the traditional retail sector’s investment in start-up solutions has been low for many years. Digitisation unlocks opportunities for retailers to tap into and gain ground in new segments, and to build up competitive strengths and operating performance, and retailers worldwide are increasingly investing in retail-tech start-ups.

According to CB Insights, funding of traditional retail technologies is increasing around the globe, while online shopping technologies are attracting less money. In 2016, in-store investments exceeded projections and exceeded USD 800 million. In the past two years alone, global investments in retail-tech start-ups totaled over USD 2.3 billion, according to research from Tracxn.

Start-up projects providing solutions applicable in retail are increasing in number and technological diversity. In IIDF’s three-year history, the number of start-ups in the fund’s funnel developing products or services that can be successfully adopted by retail already numbers in the thousands, with more than half having applied for investment in 2016.

Self-checkout services to eliminate queues, maximum customisation of the product basket, smart loyalty programmes based on analysis of individual shopping histories using big data and machine learning – these and many other technologies will give retailers more precise insight into individuals’ shopping habits and help them tailor their offerings in terms of product mix and customer experience.

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 2016, X5 had 9,187 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 8,363 Pyaterochka proximity stores, 539 Perekrestok supermarkets, 91 Karusel hypermarkets and 194 convenience stores. The Company operates 35 DCs and 2,318 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 9M 2016, revenue totaled RUB 739,491 mln (USD 11,443 mln), EBITDA reached RUB 56,361 mln (USD 872 mln), and net profit amounted to RUB 19,874 mln (USD 308 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, “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.

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

GoCargo: X5 Retail Group launches new service for booking cargo transportation services online

Moscow, 2016-Oct-19 — /EPR Retail News/ — X5 Retail Group N.V. (“X5” or “the Company”), a leading Russian food retailer (LSE ticker: “FIVE”), announces the launch of GoCargo, the Company’s proprietary solution for booking cargo transportation services online. The new service enables senders to place shipping orders, and distributes them among registered private carriers based on the cargo’s location and the delivery address. In 2017, GoCargo will be rolled out to all of X5’s networks and used for 100% of their third party shipping orders. In the future, it will be also made available to other cargo shippers for their transportation needs.

The IT framework for GoCargo is based on an algorithm that matches cargo and transport by volume, weight, temperature conditions, shipping dates, as well as loading and parking points. It can process up to 10,000 orders daily. The system is integrated into X5 Retail Group’s ERP infrastructure, which expedites the process of searching for and booking transport, and rules out possible human errors and streamlines the document workflow.

GoCargo stores information on the cost and status of shipping orders, along with delivery notes, warrants for transportation, and customers’ documents. The parties exchange legal documents directly through the service using the Electronic Data Interchange (EDI) technology.

The system can be accessed through a website or through the GoCargo app for Android.

For the remainder of 2016, X5’s shipping orders in the Central Federal District will be serviced by around 300 vehicles operated by third party companies that are already registered in the system. The number of registered vehicles is expected to reach 2,000 during 2017. In 2017 X5 plans to place 100% of its third party shipping orders via the GoCarGo system, which accounts for approximately 30% of company’s overall cargo shipping volume. The remainder of cargo shipping will be executed by X5’s own fleet, which consists of 1,561 trucks (as of 30 September 2016).

In the future, all legal entities and sole proprietors will be able to register to both place and receive orders in the system, provided they are verified by X5’s security service.

Timur Parshikov, X5’s Director of Transport, commented: “GoCargo will enable X5 to manage transportation more efficiently by optimising third-party transportation services and cutting logistics costs.”

Carriers will be able to register and use GoCargo free of charge. As an additional service option for drivers looking for cargo transportation jobs and registered in GoCargo, X5 will rent out and sell trucks suitable for the transportation of its cargos. Other benefits for GoCargo-registered drivers will include fuel and maintenance discounts, as well as support from GoCargo experts in drafting legal documents for commercial cargo transportation.

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 announces cooperation agreement between Pyaterochka and VimpelCom

Moscow, 2016-Oct-03 — /EPR Retail News/ — X5 Retail Group N.V. (“X5” or “the Company”), a leading Russian food retailer (LSE ticker: “FIVE”), announces the signing of a cooperation agreement between Pyaterochka and VimpelCom.

The first stage entails the opening of 950 Beeline branded outlets and points of sale in Pyaterochka stores this year. The project will span 20 Russian regions, with over 500 points of sale to be opened in the Moscow and St. Petersburg metropolitan areas. By the end of 2017, the total number of Beeline outlets and points of sale in Pyaterochka stores is due to exceed 1,600.

Beeline outlets will be located near the checkout area, outside of the Pyaterochka shopping area, and will include both full-scale telecom stores or small-format service desks and counters. The offering will depend on format: Beeline counters will sell the key tariff plans and process requests for equipment delivery and mobile number transfer, while stores will also have equipment available for sale.

The partnership will boost traffic and conversion thanks to the additional services offered to customers. On top of that, the Pyaterochka agreement will provide Beeline with new opportunities to scale up its business as the national food retailer continues its rapid expansion with new stores.

Projects like this are part of Pyaterochka’s strategy for developing partnerships in high-value segments of additional services, which, in addition to mobile phone stores, also include pharmacies, children’s stores, repair and service kiosks, and bakers.

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 H1 2016, revenue totalled RUB 483,244 mln (USD 6,878 mln), EBITDA reached RUB 36,498 mln (USD 519 mln), and net profit amounted to RUB 13,004 mln (USD 185 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%.

VimpelCom (Beeline brand) is part of VimpelCom Ltd., an international communications and technology company, headquartered in Amsterdam, and driven by a vision to unlock new opportunities for customers as they navigate the digital world. Present in some of the world’s most dynamic markets, VimpelCom provides more than 200 mln customers with voice, fixed broadband, data and digital services. VimpelCom’s heritage as a pioneer in technology is the driving force behind a major transformation focused on bringing the digital world to each and every customer. VimpelCom offers services to customers in 14 markets including Russia, Italy, Algeria, Pakistan, Uzbekistan, Kazakhstan, Ukraine, Bangladesh, Kyrgyzstan, Tajikistan, Armenia, Georgia, Laos, and Zimbabwe. VimpelCom operates under the Beeline, Kyivstar, WIND, Mobilink, Banglalink, Telecel, and Djezzy brands.

Contact:
Maxim Novikov
Head of Investor Relations
X5 Retail Group
Tel.: +7 (495) 502-9783
e-mail: Maxim.Novikov@x5.ru

Anna Aybasheva
Corporate Communication Direction VimpelCom
Tel.: +7 (495) 139-2726
e-mail: media@beeline.ru

Source: X5 Retail Group N.V.

X5 Retail Group announces the offering of its RUB 15 billion bonds

Moscow, 2016-Oct-03 — /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 15 billion 001P-01 series ruble-denominated bonds, issued by LLC X5 Finance.

The coupon rate on the bonds, which have a put option after 3 years, is set at 9.45% 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 Raiffeisenbank, Alfa-bank, Promsvyazbank, Sovcombank. The placement agent was Raiffeisenbank.

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 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). In H1 2016, revenue totaled RUB 483,244 mln (USD 6,878 mln), EBITDA reached RUB 36,498 mln (USD 519 mln), and net profit amounted to RUB 13,004 mln (USD 185 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.

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 N.V.

X5 Retail Group opens two distribution centres in the Republic of Adygeya to develop its logistics infrastructure in the South of Russia

Maykop, Russia, 2016-Aug-23 — /EPR Retail News/ — X5 Retail Group N.V. (“X5” or the “Company”), a leading Russian food retailer (LSE ticker: “FIVE”), announces the opening of two distribution centres (DC) in the Republic of Adygeya as part of the Company’s strategy to develop its logistics infrastructure in the South of Russia. The state-of-the-art logistics facilities, Yuzhny and Adygeya, will boost the efficiency of X5’s supply chain and encourage more local sourcing.

X5’s Chief Executive Officer Igor Shekhterman said: “We have now opened four distribution centres year to date: in St. Petersburg, in Moscow Region and two in the South of Russia. Our logistics infrastructure is now more than just a platform to support the development of our own retail chain. With each new DC, we also provide more and better sales opportunities for our partners, especially local food producers.”

Spanning over 33,000 sq m, the Yuzhny logistics facility will support supplies to 245 Pyaterochkas in 105 towns and cities of the Krasnodar and Stavropol Territories, and the Republics of Adygeya and Karachay-Circassia.

Yuzhny DC, Pyaterochka’s second DC in the Southern Federal District, will support the retail chain’s continued rapid growth in the South of Russia. The new DC will handle part of the traffic which is currently dealt with by Rostov DC in Rostov-on-Don. The launch of Yuzhny will shorten the DC-to-store distance by over 1.5 times for each of the two DCs. Featuring nine storage zones, all with a specific temperature band (from -21 to 25°С), Yuzhny can accommodate all categories of goods.

The Adygeya logistics facility (13,500 sq m) is meant to service Perekrestoks and Karusels in the Krasnodar and Stavropol Territories and in the Rostov Region. The DC will ensure smooth delivery to 27 Perekrestok supermarkets and two Karusel hypermarkets in the South of Russia.

The DC opening ceremony was attended by Aslan Tkhakushinov, Head of the Republic of Adygeya, Olga Naumova, CEO of Pyaterochka, and Denis Shulga, Logistics Director of Perekrestok. They discussed the benefits for the region derived from the continued development of X5’s logistics operations. The opening of the Yuzhny and Adygeya Distribution Centres created over 240 new jobs in the region.

X5 also invited managers of over 50 supplier companies from the Krasnodar and Stavropol Territories, the Rostov Region and the Republic of Adygeya to take part in the ceremony. The launch of the new logistics facilities offers them considerable new opportunities to develop their cooperation with X5’s retail chains, materially reducing logistics costs and boosting supplies to X5 stores, including by taking advantage of X5’s expanded geographic footprint. More than 30 local suppliers are already capitalising on the opportunities offered by the new X5 facilities.

This supply chain centralisation will also increase the share of local suppliers in the product mix of X5’s stores in the region. The share of locally produced items in the Pyaterochka, Perekrestok and Karusel stores stands at around 30%, while in some categories (such as bread and bakery) it reaches as much as 95%.

X5 started implementing its logistics separation strategy in 2013 with a view to splitting product flows for convenience stores, on the one hand, and supermarkets and hypermarkets, on the other hand. Single format DCs are instrumental in maximising product traffic centralisation, streamlining deliveries and in-store product ranges. The logistics split across X5’s retail chains is scheduled for completion this year.

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 H1 2016, revenue totalled RUB 483,244 mln (USD 6,878 mln), EBITDA reached RUB 36,498 mln (USD 519 mln), and net profit amounted to RUB 13,004 mln (USD 185 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 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.

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.

X5 Retail Group strengthens its senior management team with new appointments

Moscow, 2016-Aug-17 — /EPR Retail News/ — X5 Retail Group N.V. (“X5” or the “Company”), a leading Russian food retailer (LSE ticker: “FIVE”), today (16 August 2016) announces appointments to the senior management team.

Dmitry Gimmelberg has been appointed as Chief Financial Officer (CFO), with effect from 17 August.

X5 Retail Group CEO Igor Shekhterman said:
“Dmitry Gimmelberg has more than 20 years of executive and financial management experience in a variety of contexts, including corporate central offices and operating companies. Combined with his leadership qualities, I am confident that Dmitry has the right skills and experience to further enhance the efficiency of X5 based on our decentralised, multi-format operating model”.

Prior to joining X5, Dmitry Gimmelberg served as Deputy CEO for Strategic Development at Locomotive Technologies (part of TransMashHolding Group). From 2012 to 2015, he held senior roles within the Basic Element Group operating company. In these positions he oversaw a number of strategic transformations at operating companies, established management and financial reporting systems and led a project management office. Between 2008 and 2011 Dmitry Gimmelberg held management positions at Invest AG, a Russia and CIS focused investment advisory business. Prior to that, in 2002-2006, he worked for Ritzio Entertainment, where he was a member of the Board of Directors and Vice President for Finance, Legal Affairs, International Development and Property. Before that he worked in the FMCG sector, when he held the position as Finance Director for Russian Standard Vodka. Dmitry graduated with honors from the Saint-Petersburg State Polytechnic University and holds an MBA from the Maastricht School of Management.

Maksym Gatsuts has been appointed as CEO of the Karusel format, with effect from 22 August.

With 20 years of managerial experience at various multinational industry leaders, Maksym Gatsuts has extensive expertise in food retail. From 2002, he worked for the METRO Group, holding positions as Store Manager, District Manager, Operations Director at METRO Cash & Carry Ukraine and Customer Management Director at METRO Cash & Carry Portugal. From 2012, he served as Operations Director and a member of the Management Board at METRO Cash & Carry Russia. Maksym Gatsuts graduated from Moscow Aviation Institute and holds an MBA from INSEAD.

Igor Shekhterman commented:
“We are delighted to welcome Maksym to our team, and believe that his experience and indepth industry expertise, coupled with his professional skills, will give Karusel a fresh impetus.”

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, “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.

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 launches operations in the Siberian Federal District with the opening of five Pyaterochka stores

Novosibirsk, 2016-Aug-16 — /EPR Retail News/ — X5 Retail Group, a leading Russian food retailer, announces the launch of its operations in the Siberian Federal District and the creation of Pyaterochka’s Siberian Division.

Between 5 and 12 August, five Pyaterochkas were opened in Novosibirsk. The stores, with a total area of 2,890 sq m, are fully in line with the format’s new concept launched in October 2013. To date, the chain has upgraded and rebranded over 6,400 stores (more than 89% of the total) in 54 regions.

At present, Pyaterochka partners with more than 50 Siberian producers. Over 40 producers are located in the Siberian Federal District, with 17 of them in the Novosibirsk Region. Local producers account for about 17% of store sales. Their bakery, frozen products, eggs and chilled poultry categories consist of nearly 100% locally produced goods. Going forward, every fifth product in the Siberian Pyaterochkas will be of local origin. Partners of X5 will also have an opportunity to supply their goods to neighbouring regions. The products made in Siberia are marked with a special eye stopper.

The Novosibirsk Pyaterochkas will be supplied by a distribution centre (DC) in the town of Ob, Novosibirsk Region. A logistics services contract has been signed with HAVI Logistics. In addition, the Novosibirsk Pyaterochkas will receive some goods directly from local producers.

By the end of 2016, Pyaterochka plans to open over 60 stores in Novosibirsk, Kemerovo, Novokuznetsk and Omsk, thus creating 760+ additional jobs in the stores and X5’s regional office. Over the next two years, Pyaterochka plans to open over 150 stores in the Altai Territory, as well as in Novosibirsk, Kemerovo, Omsk and Tomsk Regions.

The chain’s DC, with a total area of 35,000 sq m and a headcount of 250 employees, will start operations in Novosibirsk by the end of 2017. The DC, with capacity to service more than 500 stores, will feature up to 31,000 pallet positions, accept up to 260 and release up to 350 vehicles daily.

By the end of 2018, Pyaterochka’s Siberian Division plans to open DCs in Krasnoyarsk and Omsk.

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 announces the opening of its 8,000th store in Russia

Orenburg, Russia, 2016-Aug-02 — /EPR Retail News/ — X5 Retail Group, a leading Russian food retailer, announces the opening of its 8,000th store in Russia. The milestone opening is a new Karusel hypermarket in Orenburg (149/2 Turkestanskaya St.).

The nearly-5.5 thousand sq m store has selling space of 3.5 thousand sq m, was custom built for X5, and is owned by the Karusel chain. The building features a modern air conditioning and cutting-edge shopping space lighting systems. Twenty checkout aisles will enable higher throughput in busy times. The opening of the new hypermarket has created 189 new jobs.

The store offers 19,500 SKUs, with a large proportion of fresh and ultrafresh categories, including meat, fish, vegetables, fruits, and dairy, in its food selection. Over 90% of the hypermarket’s food products are manufactured in Russia. Local producers account for more than 15% of the product mix, and in some categories (meat products, bakery and confectionery) their share reaches 50–95%. In particular, Karusel offers products by Demetra, Khlebnaya Karusel, Stepnye Prostory, Novotroitsk Meat Processing Plant, Orenburg Bakery Plant, Tashlinsky Trade House, Torty, Sordes, and others. In addition, the new hypermarket boasts a broad selection of household goods such as dishes, toys, cleaning products, clothes, footwear, and much more.

This is the second Karusel hypermarket in Orenburg and the Orenburg region. X5 Retail Group is also represented in the Orenburg region by more than 180 Pyaterochka stores and 5 Perekrestok supermarkets, providing over 2,000 jobs to local residents.

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 commissioned six new distribution centres in 2015

Moscow, Russia, 2016-Feb-08 — /EPR Retail News/ — X5 Retail Group commissioned six new distribution centres (DCs) with a total area of 142 thousand sq. m. in 2015. The DCs service X5’s retail network across a number of high-potential geographies: the Kaluga, Voronezh and Chelyabinsk regions, as well as Moscow and Tatarstan.

Four of the new DCs are new-builds being leased by X5, one was added under a thirdparty logistics (3PL) contract, while the DC in Moscow was relaunched following complete renovation. The new DCs in St. Petersburg, Voronezh and Kazan provide safe storage across all temperature bands, reducing stores’ overall cost of delivery, as a full range of products can be shipped from a single DC.

X5’s new logistics centres strengthen the connection between food producers and shoppers, and help to increase levels of sourcing from local suppliers. Strengthening distribution infrastructure is a priority for X5 over the next five years. The Company plans to increase the pace of development of its logistics infrastructure in 2016.

X5’s total warehousing capacity increased by more than 82 thousand sq. m. in 2015. During the year, X5 put more new DCs into operation than any other major Russian retailer, and ranked second by total warehousing space added (data from analytical agency Infoline).

X5’s distribution centres serve more than 7,000 stores, ensuring seamless logistics operations for the Company and its suppliers. As of 31 December 2015, X5 operated 35 distribution centres and owned a fleet of 1,561 trucks.

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%.

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

X5 Retail Group and Rus Food Foundation announce the preliminary results of the Basket of Kindness initiative

MOSCOW, 2016-Feb-03 — /EPR Retail News/ — X5 Retail Group, a leading Russian food retailer, and the Rus Food Foundation, Russia’s first food bank, are pleased to announce the preliminary results of the Basket of Kindness initiative to provide food support to disadvantaged families.

From August to December, over 2,500 customers in Moscow, St Petersburg, Perm and Tyumen donated more than 5 tonnes of food to low-income families through the 23 X5 stores involved in the project. The food was collected, packed and given to those in need by 300 in-store volunteers. A further 12 Basket of Kindness campaigns will be held in Moscow and other regions in 2016.

The most food was collected in Moscow in December, with around 1,200 kg from give Perekrestok stores and another tonne donated by Pyaterochka shoppers.

X5 donated a further 700 kg to support people in need in addition to customer purchases during the campaign on 2-14 December in Moscow and St Petersburg.

The Basket of Kindness project was launched in summer 2015, when X5 gave customers the opportunity to pay RUB 100 or RUB 200 toward food parcels to be given away to families in need. The parcels included affordable, high-quality foods with long shelf lives, such as cereal grains, sugar, pasta, tea, canned meat, biscuits and oil. X5 arranged for the food sets to be collected in Perm’s Karusel hypermarket, packed and handed over to the Rus Food Foundation to distribute among low-income families.

X5 became the first Russian retailer to collect and distribute food donations with its joint project with the Rus Food Foundation. Food banks in various countries collect thousands of tonnes of food via retail chains giving shoppers the opportunity to buy products to be given to people in need.

In 2016, X5 plans to continue working with the Rus Food Foundation to provide aid to low-income families. From February to December this year, 12 campaigns lasting from several days to one month will be held in the Pyaterochka, Perekrestok and Karusel chains in Moscow, St Petersburg, Lipetsk, Rostov, Krasnodar, Samara, Kazan, Yekaterinburg, Sochi and Nizhny Novgorod.

Photo reports showing how the donated food is given personally to those in need can be found on the Karusel and Perekrestok websites. For more information on how the food is donated, please contact the Rus Food Foundation.

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%.

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

X5 Retail Group now with 7,000 stores in Russia

Krasnodar, 2015-12-22 — /EPR Retail News/ — X5 Retail Group (“X5” or the “Company”), a leading Russian food retailer (LSE ticker: “FIVE”), announces the opening of its 7,000th store in Russia and a more than 1.5x year-on-year increase in the expansion rate of its retail chains. Since the beginning of the year, X5 has opened more than 1,500 Pyaterochka, Perekrestok and Karusel stores, compared to 939 new stores in 2014.

Igor Shekhterman, X5 Retail Group CEO, said:

“In 2015 we significantly accelerated organic growth rates, and are proud to open our 7,000th store today. By expanding the Company’s geographic presence, we maintain our focus on creating the best value offer for customers while developing ties with Russian suppliers.”

X5’s 7,000th store is a Pyaterochka in Krasnodar (65 Rossiyskaya St.). This is the second time this year that a new Pyaterochka has been opened as a “milestone store”. In late March, X5 opened a new Pyaterochka in Lyubertsy, marking the Group’s 5,555th store. In July 2015, X5 opened its 6,000th location, a Perekrestok store on Bolshaya Dorogomilovskaya St., Moscow; in November 2015, the Group launched its 6,555th facility, a Karusel hypermarket in Nevinnomyssk (Stavropol region).

The new Pyaterochka store opened today will have an assortment of over 4,000 SKUs, and 35% of this falls into fresh categories. The store’s total area is over 600 sq m, in line with the new Pyaterochka concept launched in October 2013. The new concept has already been rolled out at over 60% of Pyaterochka stores.

Yea-to-date, X5 has opened more than 1,500 stores in Russia, creating over 14,500 new jobs. Significant growth in X5’s retail chains has also increased sales opportunities for Russian suppliers, whose share in the product mix offered by Х5 retail chains exceeds 90%.

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 September 2015, X5 had 6,512 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 5,795 Pyaterochka proximity stores, 451 Perekrestok supermarkets, 84 Karusel hypermarkets and 182 convenience stores. The Company operates 34 DCs and 1,393 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 – 0.05%, treasury shares – 0.02%, 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

Leading Russian food retailer X5 Retail Group announces the opening of its 7,000th store in Russia

Krasnodar, RUSSIA, 2015-12-17 — /EPR Retail News/ — X5 Retail Group (“X5” or the “Company”), a leading Russian food retailer (LSE ticker: “FIVE”), announces the opening of its 7,000th store in Russia and a more than 1.5x year-on-year increase in the expansion rate of its retail chains. Since the beginning of the year, X5 has opened more than 1,500 Pyaterochka, Perekrestok and Karusel stores, compared to 939 new stores in 2014.

Igor Shekhterman, X5 Retail Group CEO, said:

“In 2015 we significantly accelerated organic growth rates, and are proud to open our 7,000th store today. By expanding the Company’s geographic presence, we maintain our focus on creating the best value offer for customers while developing ties with Russian suppliers.”

X5’s 7,000th store is a Pyaterochka in Krasnodar (65 Rossiyskaya St.). This is the second time this year that a new Pyaterochka has been opened as a “milestone store”. In late March, X5 opened a new Pyaterochka in Lyubertsy, marking the Group’s 5,555th store. In July 2015, X5 opened its 6,000th location, a Perekrestok store on Bolshaya Dorogomilovskaya St., Moscow; in November 2015, the Group launched its 6,555th facility, a Karusel hypermarket in Nevinnomyssk (Stavropol region).

The new Pyaterochka store opened today will have an assortment of over 4,000 SKUs, and 35% of this falls into fresh categories. The store’s total area is over 600 sq m, in line with the new Pyaterochka concept launched in October 2013. The new concept has already been rolled out at over 60% of Pyaterochka stores.

Yea-to-date, X5 has opened more than 1,500 stores in Russia, creating over 14,500 new jobs. Significant growth in X5’s retail chains has also increased sales opportunities for Russian suppliers, whose share in the product mix offered by Х5 retail chains exceeds 90%.

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 September 2015, X5 had 6,512 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 5,795 Pyaterochka proximity stores, 451 Perekrestok supermarkets, 84 Karusel hypermarkets and 182 convenience stores. The Company operates 34 DCs and 1,393 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 – 0.05%, treasury shares – 0.02%, 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

X5 Retail Group, Rus Food Foundation to provide food aid to those in need across Russia

Moscow, 2015-12-3 — /EPR Retail News/ — X5 Retail Group, a leading Russian food retailer, and the Rus Food Foundation have launched Basket of Kindness, a nationwide initiative to provide food aid to those in need across Russia. Rus Food Foundation is the Russian arm of the Global FoodBanking Network.

The Basket of Kindness organisers have set up infrastructure for customers to buy and donate food for in-store food drives, an approach used by retailers around the world to help the undernourished. X5 and Rus Food Foundation today launched two-week Basket of Kindness food drives at five Perekrestok stores in Moscow. On December 3, Basket of Kindness will also kick off in five stores in St. Petersburg.

Customers at participating stores can buy long shelf-life foods, as well as ready-made food packs worth up to RUB 200 that include cereal grains, sugar, pasta, tea, tinned meats, biscuits and vegetable oil. Rus Food Foundation volunteers will collect food donations in-store, and the Baskets of Kindness will then be distributed to multi-child families and people in need. In addition to building project infrastructure, X5 Retail Group will make significant food donations in addition to those collected from customers.

Today, Ivan Zubtsov, First Deputy Director at the Moscow City Department of Trade and Services, Andrey Besshtanko, Deputy Director at the Moscow City Department of Labour and Social Protection, visited one of the participating Perekrestok stores in Moscow. The visitors were among the first participants in the food drive,donating bags of food to families in need, and stressing the importance of the iniative for Moscow residents.

“We hope that a simple and convenient food aid scheme like Basket of Kindness will be well received by Moscow and St. Petersburg residents wishing to provide food aid to those in need,” said Elena Konnova, Corporate Communication Director at X5 Retail Group.

X5 is the first retail partner of the Rus Food Foundation to sell, collect and assemble readymade food packs for distributiong to low-income families using the Food Drive approach. The nationwide roll-out was preceded by a pilot in Perm’s Karusel hypermarket. In just 11 days, the campaign yielded over 650 kg of food, which was given to 200 families. The initiative is currently being rolled out in Tyumen as well.

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 September 2015, X5 had 6,512 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 5,795 Pyaterochka proximity stores, 451 Perekrestok supermarkets, 84 Karusel hypermarkets and 182 convenience stores. The Company operates 34 DCs and 1,393 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 – 0.05%, treasury shares – 0.02%, 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

X5 Retail Group and Rospechat partner to open 100 newsstands at Pyaterochka stores

MOSCOW, 2015-12-2 — /EPR Retail News/ — X5 Retail Group, a leading Russian food retailer, and Rospechat, a leading Russian newspaper and magazine distribution agency, announce the signing of a cooperation agreement to open 100 Rospechat outlets selling print media and stationery at Pyaterochka stores. 20 outlets will open by the end of the year, with the rest following by mid-2016.

Rospechat newsstands of 4 to 15 sq m will be located both outside (near cash desks) and inside (shop-in-shop) Pyaterochka’s shopping area. The stands will carry an optimised product mix designed to match the needs of Pyaterochka’s customers, including an offer for pre-school and school children.

The Rospechat newsstands will be opened in Pyaterochka stores across 11 Russian regions, as well as Moscow and St Petersburg. Next year, X5 and Rospechat will discuss opportunities to roll the initiative out in other regions where Pyaterochka operates.

Such agreements form part of Pyaterochka’s strategy for developing partnerships in highvalue additional services segments, which also include pharmacies, children’s stores, mobile phone stores, repairs and everyday service kiosks and bakeries. The agreements are designed to create a comprehensive product and service offering tailored to customers’ needs at each location. In line with this initiative, Pyaterochka is working to build a strong pool of major partners that provide specialised services or goods of the highest quality.

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 September 2015, X5 had 6,512 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 5,795 Pyaterochka proximity stores, 451 Perekrestok supermarkets, 84 Karusel hypermarkets and 182 convenience stores. The Company operates 34 DCs and 1,393 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 – 0.05%, treasury shares – 0.02%, 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

X5 Retail Group’s EGM: All of the resolutions proposed to the EGM approved by the shareholders

Amsterdam, 2015-11-15 — /EPR Retail News/ — X5 Retail Group N.V. (“X5” or the “Company”), a leading Russian food retailer (LSE ticker: “FIVE”), announces the results of the Company’s Extraordinary General Meeting of shareholders (“EGM”) held on 12 November 2015 at Parkstraat 20, 2514 JK, The Hague, The Netherlands.

All of the resolutions proposed to the EGM were approved by the shareholders and holders of global depository receipts.

The items resolved at the EGM are: – the appointment of Mr. Stephan DuCharme and Mr. Michael Kuchment as members of the Supervisory Board, – the appointment of Mr. Igor Shekhterman as Chief Executive Officer and member of the Management Board, and – the appointment of EY as the new external auditor of the Company starting 1 January 2016.

The minutes of the meeting can be found in the Corporate Governance section of the Company’s website at http://www.x5.ru/en/corporate/general/

Brief biographies of the Supervisory Board’s new members:

Stephan DuCharme (born 20 April 1964), a U.S./German citizen, served as CEO and Chairman of the Management Board of X5 from July 2012, after having previously served on X5’s Supervisory Board from 2008. Prior to X5 he held senior management positions with SUN Group and Alfa Group, preceded by senior banking positions with the European Bank for Reconstruction and Development (EBRD) and Salomon Brothers Inc. Stephan has served on the Boards of Directors of CSA Czech Airlines, Alfa Bank, SUN-Interbrew Ltd. and JSC SUEK. He graduated with distinction from the University of California at Berkeley and received an MBA from INSEAD.

Michael Kuchment (born 28 August 1973), a Russian citizen, is the co-founder and vicepresident of Hoff, one of the leading home furnishing retailers in Russia. Currently Michael is also Chairman of the Supervisory Board of Sovcombank, one of the leading Russian consumer banks. From 2008 until 2015 Michael was a board member of M.Video, the largest consumer electronics chain in Russia and the country’s first public non-food retailer. Previously, from 2002 until 2008, Michael worked as the commercial director at M.Video. Michael graduated from the Moscow Institute of Physics and Technology with a qualification as a physics researcher, and holds an Executive MBA from the Skolkovo Moscow School of Management.

Brief biography of the new CEO:
Igor Shekhterman (9 November 1970), a Russian citizen, served on X5’s Supervisory Board since 2013. He 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 International. Igor started his career as finance manager at the Russian branch of Beoluna, the Japanese jewelry producer. Igor holds a degree in economics from the Kaliningrad Technical Institute (1992), and degrees in business administration from the Institute d’Administration des Enterprises (France, 1994) and the Danish Management School (1995).

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 September 2015, X5 had 6,512 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 5,795 Pyaterochka proximity stores, 451 Perekrestok supermarkets, 84 Karusel hypermarkets and 182 convenience stores. The Company operates 34 DCs and 1,393 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 – 0.05%, treasury shares – 0.02%, 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

X5 Retail Group announces cooperation agreement between Pyaterochka and mobile phone retailer Euroset

Moscow, 2015-10-30 — /EPR Retail News/ — X5 Retail Group, a leading Russian food retailer, announces the signing of a cooperation agreement between Pyaterochka and mobile phone retailer Euroset. The agreement involves the opening of 150 small-format Euroset outlets in Pyaterochka stores by late 2015, with 40 to be launched in Moscow and the Moscow region, 20 in St. Petersburg, and the rest in other regions where Pyaterochka operates.

Euroset outlets of up to 10 sq m each will be located near Pyaterochka’s checkout area and will enjoy a single rental rate regardless of the outlet size or the region of operations.

Euroset has developed an improved outlet concept with an optimised product offering and a stronger service awareness focus to best match the needs of Pyaterochka customers. The outlets’ main services will include SIM card sales, money transfers, utility, TV and internet bill payments, loan payments, as well as airline, rail and bus ticket sales.

This agreement with Pyaterochka will provide Euroset with a vast distribution network and access to its target audience, while also creating the opportunity for it to scale up its business in line with the growth Pyaterochka’s national food retail chain. Taking advantage of the complementary value propositions of Pyaterochka and Euroset, this partnership will boost traffic thanks to additional services available to customers.

Such cooperation agreements are part of Pyaterochka’s strategy for developing partnerships in high-value additional services segments, which, in addition to mobile phone stores, also include pharmacies, repairs and everyday service kiosks, children’s stores, bakeries and more. The main purpose of sublease agreements is to create a comprehensive product and service offering tailored to customers’ needs at each location. In line with this initiative, Pyaterochka is working to build a strong pool of major partners that provide high-quality, specialised goods or services.

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 September 2015, X5 had 6,512 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 5,795 Pyaterochka proximity stores, 451 Perekrestok supermarkets, 84 Karusel hypermarkets and 182 convenience stores. The Company operates 34 DCs and 1,393 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 – 0.05%, treasury shares – 0.02%, 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

70 people in person and online audience attended X5 Retail Group’s capital markets day in Moscow

MOSCOW, RUSSIA, 2015-10-26 — /EPR Retail News/ — X5 Retail Group held its capital markets day (“CMD”) in Moscow.

The schedule for the CMD included:

  • Morning: store visits hosted by Format Heads
  • Afternoon: Presentations and Q&A sessions with the X5 Retail Group CEO, CFO, Format Heads, Business Development Head
  • Evening: dinner for all participants

Three members of the executive management team – CEO Stephane DuCharme, CFO Elena Milinova and Business Development Head Anton Mironenkov – presented on X5’s results and strategic progress, with a focus on how the Company is successfully adapting to changing market conditions.

They were followed by presentations from the Group’s Format heads: Olga Naumova (Pyaterochka), Vladimir Sorokin (Perekrestok) and Vardan Dashtoyan (Karusel)

Some 70 people attended in person, and in addition there was an online audience.

The presentations given during the course of the day can be downloaded here:

Download (PDF. 4.2 Mb)

SOURCE: X5 Retail Group N.V.

World Food Day: X5 Retail Group partners with Rus Food Foundation

Moscow, 2015-10-19 — /EPR Retail News/ — X5 Retail Group, a leading Russian food retailer, has launched a partnership with the Rus Food Foundation, which provides food aid to vulnerable people across Russia. Ahead of World Food Day X5 has donated an initial consignment of goods worth approximately RUB 4 mln, with the Foundation taking delivery of 60 pallets for distribution among 2,000 families in Tver and Vyazma.

X5 plans to continue supporting families in need in collaboration with Rus Food, and will become the Foundation’s first partner to sell, collect and distribute food aid for low-income families through food drive campaigns at its retail chains.

Stephan DuCharme, CEO of X5, said: “We believe it is essential to help improve living standards across Russia in partnership with our customers, suppliers and dedicated foundations. Food banking is therefore going to be a priority direction for our corporate social responsibility efforts. I hope that this initiative will resonate in the hearts of our employees and customers, and help create a better life for Russian families in need.”

X5 first piloted the project in summer 2015, asking customers to donate RUB 100 or RUB 200 towards basic foodstuffs such as cereal grains, sugar, pasta, tinned meats, biscuits and cooking oil for families in need. X5 arranged collection and packaging with Rus Food managing distribution. In just one week, Karusel hypermarkets in Perm purchased 650 kg of food, which was donated to 60 families. X5 and Rus Food Foundation are planning a series of similar projects over the coming months at a number of X5 Group brand stores in cities across Russia.

“Organisations such as Rus Food engage people all over the world to collect food for low-income families as part of food drive campaigns,” said Yulia Nazarova, Acting President of Rus Food. “Our initiative with X5 has made a great contribution to achieving our key objective of establishing aid infrastructure for families in need across Russia. We hope that customers will support it, and we are truly delighted to have X5 as our first Russian infrastructure partner.”

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 September 2015, X5 had 6,512 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 5,795 Pyaterochka proximity stores, 451 Perekrestok supermarkets, 84 Karusel hypermarkets and 182 convenience stores. The Company operates 34 DCs and 1,393 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%.

Rus Food Foundation is a charity organisation that provides food and non-food aid to socially vulnerable population groups across Russia. The Foundation accepts goods donated by Russian FMCG producers as well as cash contributions from individuals to purchase food as part of People’s Lunch, an all-Russian campaign. The aid is distributed through social services, Russian Orthodox Church parishes and private non-profit organisations. Every month, the Foundation helps 30,000 low-income people from various Russian regions. The key partners of Rus Food Foundation are PepsiCo, Unilever, Procter&Gamble, Kellogg’s, Nutricia, Mondelez International, Shake-Shack, Cargill, Bonduelle, Billa, Nestle and Genesys.

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

X5 Retail Group announces the signing of cooperation agreement between Pyaterochka and telecom operator Tele2

Moscow, 2015-10-14 — /EPR Retail News/ — X5 Retail Group, a leading Russian food retailer (LSE ticker: “FIVE”), announces the signing of a cooperation agreement between its Pyaterochka subsidiary and telecom operator Tele2. The agreement was signed at the Russia Calling investment forum in Moscow by Pyaterochka CEO Olga Naumova and Tele2 First Deputy CEO Aleksandr Provotorov.

In the first phase of the agreement, Tele2 will open more than 1,000 branded outlets in Pyaterochka stores in Moscow and Moscow Region by late 2015. Next year, X5 and Tele2 will also discuss opportunities to work together in other regions across Russia. The Tele 2 outlets will be located near cash desks outside the shopping area in Pyaterochka stores, and will operate both as full-scale telecom stores and small-format service desks and counters. Tele2 will enjoy a sliding scale of rental rates based on the total number of outlets it opens at Pyaterochka stores.

As Tele2 taps into the Moscow market, Pyaterochka offers an extensive distribution network and target audience access, and opens up new opportunities for the telco to scale its business in proportion to the growth of the national food chain. The partnership will leverage the complementary value propositions of the retailer and the mobile operator to boost traffic by offering additional services to buyers. Tele2 will also offer exclusive subscription benefits to Pyaterochka customers.

Such cooperation agreements form part of Pyaterochka’s strategy to develop partnerships in high-value additional services segments including pharmacies, everyday services such as dry-cleaning and locksmiths, children’s goods, ready meals, butchers and farm produce outlets in addition to mobile phone stores.

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 September 2015, X5 had 6,512 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 5,795 Pyaterochka proximity stores, 451 Perekrestok supermarkets, 84 Karusel hypermarkets and 182 convenience stores. The Company operates 34 DCs and 1,393 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

Russian retailer X5 Retail Group to hold its Extraordinary general meeting of shareholders on 15 October 2015

Amsterdam, NETHERLANDS, 2015-10-3 — /EPR Retail News/ — X5 Retail Group N.V. (“X5” or the “Company”), a leading Russian retailer (LSE ticker: “FIVE”), invites its shareholders and holders of global depository receipts (GDRs) to its Extraordinary general meeting of shareholders (the “EGM”) to be held at Parkstraat 20, 2514 JK The Hague, The Netherlands at 11.00 CET on 12 November 2015. The record date for the EGM is 15 October 2015.

The agenda items to be considered by shareholders and holders of GDRs at the EGM are:

  • the appointment of Mr. Stephan DuCharme and Mr. Michael Kuchment as members of the Supervisory Board,
  • the appointment of Mr. Igor Shekhterman as Chief Executive Officer and member of the Management Board, and
  • the appointment of EY as the new external auditor of the Company starting 1 January 2016.

Explanatory notes to the EGM agenda are available at www.x5.ru.

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

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%

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.

Russian food retailer X5 Retail Group signed RUB 24 bn ($367m) long-term unsecured loan facility agreement with VTB Bank

Moscow, 2015-9-30 — /EPR Retail News/ — X5 Retail Group N.V. (“X5” and/or the “Company”), a leading Russian food retailer (LSE ticker: “FIVE”), has signed a RUB 24 bn long-term unsecured loan facility agreement with VTB Bank (“VTB” and/or the “Bank”) with tranches maturing in up to 3 years and an interest rate of the Central Bank of Russia’s key rate plus an agreed margin.

The loan facility has two tranches: – RUB 10 bn maturing in 2.5 years, and – RUB 14 bn maturing in 3 years.

The facility will be used to make an early repayment of MosPrime-linked loans (including refinancing a RUB 12.5 bn loan from VTB Capital plc.) and to finance the Company’s operations.

The new loan will improve the quality of the Company’s debt portfolio by reducing the overall cost of debt due to a lower margin and lower volatility of the underlying key rate. In addition, the structure and duration of the Company’s debt will improve as the maturity period is extended until 2018, while the risk of interest expense growth will be mitigated as MosPrime-linked obligations are refinanced.

The facility does not increase the Company’s total debt.

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

 

 

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