REG - X5 Retail Group N.V - Pyaterochka launches new logistics hub in Orenburg

X5 Retail NVAnnouncement

12/10/2023 11:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20231012:nRSL9376Pa&default-theme=true

RNS Number : 9376P  X5 Retail Group N.V.  12 October 2023

PYATEROCHKA LAUNCHES NEW LOGISTICS HUB IN ORENBURG

 

Orenburg, 12 October 2023 - X5 Group ("X5" or the "Company", LSE and MOEX
ticker: FIVE), a leading Russian food retailer, announces another milestone in
developing its logistics infrastructure in the South Urals with the opening of
a new distribution centre (DC) in the Orenburg Region to serve its Pyaterochka
retail chain.

The 32,000-square metre Orenburg North DC includes six storage areas: these
include warehouses for dry foods and alcohol, as well as storage areas for
fresh products, frozen foods, caviar, and fruits and vegetables. Each section
has special temperature conditions necessary to keep products fresh.

Once fully ramped up, the new DC will serve all Pyaterochka stores in Orenburg
and the Orenburg Region. Currently, Pyaterochka operates 329 stores in the
Orenburg Region.

The new DC will enable local manufacturers to not only cut their
transportation costs but also expand their sales footprint. At full capacity,
the logistics hub will handle shipments from about 500 suppliers.

The DC's seamless operation is ensured by 270 employees. The Pyaterochka chain
provides a total of over 2,800 jobs for local communities in the Orenburg
Region.

 

 

Note to Editors:

X5 Retail Group N.V. (LSE and MOEX: FIVE; Expert RA - ruAAA; ACRA - AAA(RU))
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 2023, X5 had 22,682 Company-operated stores. It has the leading
market position in both Moscow and St Petersburg, as well as a significant
presence in the European part of Russia and a growing presence in the Russian
Far East. Its store base includes 20,248 Pyaterochka proximity stores, 956
Perekrestok supermarkets, 809 Chizhik hard discounters and 596 Krasny Yar and
Slata stores. The Company operates 59 DCs and 4,604 Company-owned trucks
across the Russian Federation.

X5 is one of the largest employers in Russia. The Company employs over 358
thousand people.

For the full year 2022, revenue totalled RUB 2,605,232 million (USD 38,005
million*), EBITDA pre-IFRS 16 reached RUB 186,788 million (USD 2,725
million*), and net profit pre-IFRS 16 for the period amounted to RUB 52,248
million (USD 762 million*). In H1 2023, revenue totalled RUB 1,468,407 million
(USD 19,095 million**), adjusted EBITDA pre-IFRS 16 reached RUB 100,748
million (USD 1,310 million**), and net profit pre-IFRS 16 amounted to RUB
41,661 million (USD 542 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: 68.5494 USD/RUB

** FX rate: 76.8996 USD/RUB

 For further details please contact:
 Polina Ugryumova                                                 Maria Yazeva
 Head of Corporate Finance and IR                                 Investor Relations Officer

Tel.: +7 (495) 662-88-88 ext. 13-312
Tel.: +7 (495) 662-88-88 ext. 13-147

e-mail: Polina.Ugryumova@x5.ru (mailto:Polina.Ugryumova@x5.ru)
e-mail: Maria.Yazeva@x5.ru (mailto:Maria.Yazeva@x5.ru)

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCEANEAFFFDFEA