Brief: Russia's O'key Group H1 Net Result Turns To Profit Of RUB 152 Mln

O'Key SA

31/08/2021 07:45

Aug 31 (Reuters) - Russia's O'key Group  OKEYq.L : 
    * H1 NET PROFIT OF RUB 152 MILLION VERSUS LOSS OF RUB 900
MILLION
YEAR AGO
    * H1 REVENUE OF RUB 88.66 BILLION VERSUS RUB 85.06 BILLION
YEAR
AGO
    * H1 EBITDA OF RUB 6.58 BILLION VERSUS RUB 6.7 BILLION YEAR
AGO
    * H1 EBITDA MARGIN OF 7.4% VERSUS 7.9% YEAR AGO
    * CONFIRMS GUIDANCE FOR 2021, EXPECTING A LOW-SINGLE-DIGIT
LFL
GROWTH AT O'KEY HYPERMARKETS AND A DOUBLE-DIGIT LFL GROWTH AT DA
DISCOUNTERS
    * EXPECTS DISCOUNTERS REVENUE AND OPERATING PROFIT TO
CONTINUE
GROWTH AND REACH 50% OF GROUP REVENUE WITHIN 4 YEARS
    * PLANS TO OPEN FROM 35 TO 40 DA STORES IN 2021

Further company coverage:  OKEYq.L 

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