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REG - X5 Retail Group N.V - Pyaterochka opens new distribution centre in Omsk

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RNS Number : 6223S  X5 Retail Group N.V.  07 November 2023

 

PYATEROCHKA OPENS NEW DISTRIBUTION CENTRE IN OMSK

Moscow, 7 November 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 Siberian Federal District with
the opening of a distribution centre (DC) in the Omsk Region to serve its
Pyaterochka retail chain.

The 29,000-square metre distribution centre in Omsk features six storage
areas: these include warehouses for dry goods and alcohol, as well as storage
areas for fresh products, frozen foods, confectionery, and fruits and
vegetables. Each section has special temperature conditions necessary to keep
products fresh.

At full capacity, the distribution centre will process 2,500 tonnes of
shipments daily and serve up to 600 stores. Currently, the centre serves all
204 Pyaterochka stores in the Omsk Region, as well as 27 stores in the
Novosibirsk Region.

The new DC will enable Siberian manufacturers to cut their transportation
costs and expand their sales footprint. At the moment, the logistics hub
handles shipments from more than 290 suppliers, with a potential to grow this
number to 500 in the future. In addition, the DC will further increase the
share of Siberian producers, which currently exceeds 30%.

The DC's seamless operation is ensured by 270 employees. The Pyaterochka chain
provides a total of over 2,700 jobs for local communities in the Omsk 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 September 2023, X5 had 23,466 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, as well as a growing presence in the
Russian Far East. Its store base includes 20,761 Pyaterochka proximity stores,
955 Perekrestok supermarkets, 1,071 Chizhik hard discounters and 601 Krasny
Yar and Slata stores. The Company operates 61 DCs and 4,745 Company-owned
trucks across the Russian Federation.

X5 is one of the largest employers in Russia. The Company employs over 364
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 9M 2023, revenue totalled RUB 2,264,643 million
(USD 27,386 million**), adjusted EBITDA pre-IFRS 16 reached RUB 163,212
million (USD 1,974 million**), and net profit pre-IFRS 16 amounted to RUB
71,250 million (USD 862 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: 82.6934 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)

 

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