DIXY Group consolidated revenue growth of 55.5%
23 December 2011
DIXY Group – one of Russia’s leading retailers of foods and everyday products – has announced DIXY Group consolidated revenue (including Victoria Group revenue from the acquisition date on 15 June 2011) growth of 55.5% in RUR (61.8% in USD) for the eleven months of 2011 over the same period last year, and consolidated revenue growth for November 2011 by 87.2% in Russian rubles (89.0% in US dollars). DIXY Group total consolidated revenue amounted to 89.1 billion RUR (3.1 billion USD).
For the eleven months of 2011 the combined company opened 217 stores with 1,050 stores under operation as of 30 November 2011, including 1,002 neighborhood stores, 29 supermarkets, 18 compact hypermarkets and 1 cash&carry store.