August 21, 2012 / 6:32 AM / 5 years ago

Russia's X5 posts 6.2 pct fall in Q2 earnings

MOSCOW, Aug 21 (Reuters) - Russian food retailer X5 reported on Tuesday a 6.2 percent decrease in second-quarter net profit to $68.9 million, slightly above a $67.9 million consensus analyst forecast.

Earnings before interest, taxation, depreciation and amortisation (EBITDA) edged down 1.6 percent, year-on-year, to stand at $280.3 million, above a $278.2 million Reuters poll forecast.

The EBITDA margin came in at 7.0 percent, in line with forecasts, compared to 7.1 percent the year earlier, X5 said in a statement.

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