OREANDA-NEWS. January 26, 2011. DIXY Group - one of Russia's leading retailers of foods and everyday products - has announced revenue growth of 19.4% in Russian rubles (24.7% in USD) for the twelve months of 2010 over the same period last year.

DIXY Group's total revenue for the twelve months of 2010 amounted to RUR 64,730 million, representing a 19.4% increase over RUR 54,208 million for the same period of 2009. In USD terms revenue increased by 24.7% to 2,131 million, compared to USD 1,709 million for the twelve months of 2009.

Retail revenue from DIXY stores for the twelve months of 2010 amounted to RUR 54,392 million (USD 1,791 million), which represents a 20.5% growth in RUR (25.9% in USD) over the same period of 2009.

Retail revenue from Megamart stores for the twelve months of 2010 amounted to RUR 7,257 million (USD 239 million), which represents a 14.7% growth in RUR (19.9% in USD) over the same period of 2009.

Retail revenue from Minimart stores for the twelve months of 2010 amounted to RUR 2,183 million (USD 72 million), which represents a 9.1% growth in RUR (14.0% in USD) over the same period of 2009.

Revenue from other activities, such as marketing revenue, sublease income and wholesale revenue amounted to RUR 898 million (USD 30 million).

The following exchange rates were used for converting Russian Rubles to US dollars:

Exchange Rate according to CBR

2009

2010

 

Average (twelve months), RUR/USD

31.7231

30.3692

 

Key operating and financial data for the twelve months period ended December 31, 2010

 

As of

31 December 2010

31 December 2009

Growth

Number of Stores

6465

5376

20%

Net Selling Space (sq.m.)

227,868

206,003

11%

For the twelve months period

 

 

 

ending

31 December 2010

31 December 2009

Growth

Revenue (RUR)

64,730 million

54,208 million

19.4%

Revenue (USD)

2,131 million

1,709 million

24.7%

Store Openings

124

69

80%

DIXY

124

67

85%

Megamart

0

2

--

Minimart

0

0

—