Friday, July 30, 2010

(AFX UK Focus) 2009-04-09 11:06 UPDATE 1-Russia’s X5 Retail Q1 rouble sales up 46 pct (Interactive Investor)

April 9, 2009 by admin · Leave a Comment 

MOSCOW, April 9 (Reuters) – X5 Retail Group, Russia’s largest food retailer by revenue, said on Thursday its multi-format retailing model helped sales rise 46 percent in rouble terms to 63.089 billion roubles. In dollar terms, sales amounted to $1.86 billion, implying an increase of 5 percent in dollars, year-on-year, X5 said in a statement. Pro-forma sales, which include acquired Karusel’s …

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