REG - X5 Retail Group N.V - X5 Connects Self-Checkouts to Fast Payments System

X5 Retail NVAnnouncement

14/06/2022 09:00

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RNS Number : 7778O  X5 Retail Group N.V.  14 June 2022

 

X5 CONNECTS SELF-CHECKOUTS TO FASTER PAYMENTS SYSTEM

 

Moscow, 14 June 2022 - X5 Group ("X5" or the "Company", LSE and MOEX
ticker: FIVE), a leading Russian food retailer, has connected self-checkout
machines at X5's Pyaterochka proximity stores to the Faster Payments
System (FPS). Pyaterochka customers can now use the FPS to pay for their
purchases at more than 9,000 self-checkouts.

By the end of 2022, X5 plans to connect all checkouts, including classic
stationary checkouts, in the Group's retail chains across every region where
X5 operates.

The project's technical partner is Rosbank. To make an FPS-based payment, the
customer needs to scan a dynamic QR code using their phone's camera or the
Bank's mobile app and confirm the transaction. Money will be transferred from
the customer's account to the merchant within several seconds upon
confirmation in the app. The dynamic QR code includes the ticket amount,
allowing the seller to control the transaction amount. The customer only has
to confirm the transaction.

X5 Group, Rosbank and the National Payment Card System (NSPK) made the first
transaction via the FPS using a dynamic QR code in late 2019. X5 became the
first grocery retailer to process a payment with the new technology.

 

 

 

Note to Editors:

X5 Retail Group N.V. (LSE and MOEX: FIVE; RAEX: 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 Perekrestok, 5Post and Mnogo
Lososya.

As of 31 March 2022, X5 had 19,479 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 18,320 Pyaterochka
proximity stores, 983 Perekrestok supermarkets, 89 Chizhik hard discounters
and 28 Karusel hypermarkets. The Company operates 47 DCs and 4,574
Company-owned trucks across the Russian Federation.

X5 is one of the largest employers in Russia. The Company employs over 328
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 Q1 2022, revenue totalled RUB 604,230 million
(USD 7,020 million**), adjusted EBITDA pre-IFRS 16 reached RUB 70,179 million
(USD 815 million**), and net profit pre-IFRS 16 amounted to RUB 2,499 million
(USD 29 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: 86.0693 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         e-mail: Maria.Yazeva@x5.ru (mailto:Maria.Yazeva@x5.ru)

 

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