REG - X5 Retail Group N.V - Chizhik distribution centre opens in Moscow

X5 Retail NVAnnouncement

10/08/2022 09:00

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RNS Number : 4554V  X5 Retail Group N.V.  10 August 2022

 

CHIZHIK DISTRIBUTION CENTRE OPENS IN MOSCOW

Moscow, 10 August 2022 - X5 Group ("X5" or the "Company", LSE and MOEX
ticker: FIVE), a leading Russian food retailer, announces the launch of a new
distribution centre (DC) for its Chizhik hard discounter chain. The new
facility will service 250 stores in Moscow and the Moscow Region.

The DC has a total floor space of 17,400 sq m. It currently receives
shipments from over 250 suppliers, including for Chizhik's private labels
(Svetaevo, Verner, Shchedry God, Greenola, Axl, Tafo and others).

More than 300 employees and about 70 vehicles will support the seamless
operation of the logistics centre, which has capacity to process up to
1,500 tonnes of products per day.

The new Chizhik DC stands out among other such facilities thanks to its
multi-format operation: capable of storing products across all temperature
bands, it allows for shipping grocery items, ultra-fresh and frozen products,
as well as alcohol.

Chizhik is rapidly expanding its logistics infrastructure in line with X5's
goal to accelerate the development of its hard discounter chain. In May,
Chizhik unveiled its first DC in Voronezh, with another launched in Ufa
in July. A fourth distribution centre is scheduled to open in Yekaterinburg
this month.

Chizhik stores currently operate in Moscow and the Moscow Region, as well as
in the Republic of Bashkortostan, Tver, Tula, Vladimir, Nizhny Novgorod,
Voronezh, and Lipetsk regions. Moscow and the Moscow Region are home to as
many as 131 Chizhik stores.

 

 

Note to Editors:

X5 Retail Group N.V. (LSE and MOEX: FIVE; Expert RA: ruAA+) is a leading
Russian food retailer. The Company operates proximity stores under the
Pyaterochka brand, Perekrestok supermarkets and Chizhik hard discounters. X5
provides an omnichannel experience to its customers, integrating retail stores
and e-commerce through its businesses Vprok.ru, 5Post and Mnogo Lososya.

As of 30 June 2022, X5 had 19,779 Company-operated stores. It has the leading
market position in both Moscow and St. Petersburg and a significant presence
in the European part of Russia. Its store base includes 18,558 Pyaterochka
proximity stores, 986 Perekrestok supermarkets and 153 Chizhik hard
discounters. The Company operates 48 DCs and 4,347 Company-owned trucks across
the Russian Federation.

X5 is one of the largest employers in Russia. The Company employs over 325
thousand people.

For the full year 2021, revenue totalled RUB 2,204,819 million (USD 29,935
million*), EBITDA pre-IFRS 16 reached RUB 161,024 million (USD 2,186
million*), and net profit pre-IFRS 16 for the period amounted to RUB 48,513
million (USD 659 million*). In H1 2022, revenue totalled RUB 1,252,180 million
(USD 16,412 million**), adjusted EBITDA pre-IFRS 16 reached RUB 104,909
million (USD 1,375 million**), and net profit pre-IFRS 16 amounted to RUB
33,731 million (USD 399 million**).

 

Forward-looking statements

This announcement includes statements that are, or may be deemed to be,
"forward-looking statements". These forward-looking statements can be
identified by the fact that they do not only relate to historical or current
events. Forward-looking statements often use words such as "anticipate",
"target", "expect", "estimate", "intend", "expected", "plan", "goal",
"believe", or other words of similar meaning.

By their nature, forward-looking statements involve risk and uncertainty
because they relate to future events and circumstances, a number of which are
beyond X5 Group N.V.'s control. As a result, actual future results may differ
materially from the plans, goals and expectations set out in these
forward-looking statements.

Any forward-looking statements made by or on behalf of X5 Group N.V. speak
only as of the date of this announcement. Save as required by any applicable
laws or regulations, X5 Group N.V. undertakes no obligation publicly to
release the results of any revisions to any forward-looking statements in this
document that may occur due to any change in its expectations or to reflect
events or circumstances after the date of this document.

* FX rate: 73.6541 USD/RUB

** FX rate: 76.2975 USD/RUB

 

 For further details please contact:
 Varvara Kiseleva                                                 Maria Yazeva

 Head of Corporate Finance and IR                                 Investor Relations Officer

 Tel.: +7 (495) 662-88-88 ext. 27-300                             Tel.: +7 (495) 662-88-88 ext. 13-147

 e-mail: Varvara.Kiseleva@x5.ru (mailto:Varvara.Kiseleva@x5.ru)   e-mail: Maria.Yazeva@x5.ru (mailto:Maria.Yazeva@x5.ru)

 

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