OREANDA-NEWS. DIXY Group (RTS, MICEX: DIXY) - one of Russia's leading retailers of foods and everyday products - today announced revenue growth of 16.5% in Russian rubles in February 2014, and revenue growth of 17.1% in Russian rubles for the first two months of 2014.

For the first two months of 2014, DIXY Group retail revenue increased to RUR 31.3 bln (USD 0.9 bln) by 17.1% in RUR (3.1% in USD) year-on-year.

In February 2014, DIXY Group retail revenue increased to RUR 15.8 bln (USD 447.2 mln) by 16.5% in RUR (decreased by 0.3% in USD) year-on-year.

Retail revenue of DIXY neighborhood stores increased to RUR 12.4 bln (USD 351.0 mln) by 18.4% in RUR (1.4% in USD) in February 2014 compared to February 2013.

Starting from November 2013, the opening hours of a major part of DIXY stores were reduced, in the course of stores' working time optimization. As a result, the DIXY chain time of operation was 7% less in February 2014 compared to February 2013.

Retail revenue of Victoria Division increased to RUR 2.2 bln (USD 61.7 mln) by 11.7% in RUR

(decreased by 4.4% in USD) year-on-year in February 2014.

Retail revenue from Victoria supermarkets amounted to RUR 1.8 bln (USD 49.9 mln), demonstrating 15.8% year-on-year growth in RUR (a decrease of 0.8% in USD) in February 2014.

Retail revenue from Victoria neighborhood stores amounted to RUR 351.2 mln (USD 10.0 mln) in February 2014 compared to RUR 366.7 mln (USD 12.2 mln) in February 2013.

Retail revenue from cash & carry store CASH amounted to RUR 64.0 mln (USD 1.8 mln) in February 2014 compared to RUR 61.7 mln (USD 2.0 mln) in February 2013.

Retail revenue of Megamart Division increased to RUR 1.2 bln (USD 34.5 mln) by 6.4% in RUR (decreased by 8.9% in USD) year-on-year in February 2014. The growth was driven primarily by MegaMart compact hypermarkets retail revenue, which increased to RUR 1.0 bln (USD 27.7 mln) by 8.5% in RUR (decreased by 7.1% in USD). MiniMart stores retail revenue decreased to RUR 241.3 mln (USD 6.8 mln) by 1.2% in RUR (decreased by 15.4% in USD).