Company Profile For X5 Retail Group N.V.

X5 Retail Group N.V. (PJPq.L) (London Stock Exchange)

sector: Cyclical Consumer Goods & Services · industry: Retail - Department Stores ·

As of 8:38pm IST

28.60USD

Price Change

-0.49

Percent Change

-1.68%

Analyst Recommendations

Overview

X5 Retail Group N.V. acts as a holding company for the group of companies that operate retail grocery stores. The Company, together with its subsidiaries, is engaged in the development and operation of grocery retail stores. As at December 31, 2008, the Company operated a retail chain of softdiscount, supermarket and hypermarket stores under the brand names Pyaterochka, Perekrestok and Karusel, in Russia, including, but not limited to Moscow, St. Petersburg, Nizhniy Novgorod, Krasnodar, Kazan, Samara, Lipetsk, Chelyabinsk, Perm, Ekaterinburg and Kiev. As at December 31, 2008, the Company operated a total of 207 supermarkets, 848 discounter stores, and 46 hypermarkets. In addition as at December 31, 2008, its franchisees operated 607 stores across Russia. In March 2008, the Company acquired Kama-Retail Company. In June 2008, the Company acquired Formata Holding B.V.

Quick Financial Synopsis

BRIEF: For the six months ended 30 June 2009, X5 RetailGroup NV's revenues increased 6% to $3.98B. Net income decreased 70% to $48.3M. Revenues reflect an increase in retail sales with soft discounters, supermarkets and hypermarkets. Net income reflects an increase in cost of sales, increased selling, general & administrative expenses and the presence of share of loss of associates.