REG - X5 Retail Group N.V - X5 partners with SberMarket and Delivery Club

X5 Retail NVAnnouncement

01/08/2022 12:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220801:nRSA4599Ua&default-theme=true

RNS Number : 4599U  X5 Retail Group N.V.  01 August 2022

 

X5 PARTNERS WITH SBERMARKET AND DELIVERY CLUB

 

Moscow, 1 August 2022 - X5 Group ("X5" or the "Company", LSE and MOEX
ticker: FIVE), a leading Russian food retailer, announces that it has
partnered with SberMarket and Delivery Club, two major grocery and
ready-to-eat meal delivery aggregators, to expand its online delivery
offering. Customers will now have the option to order groceries from X5's
Pyaterochka and Perekrestok stores through online aggregator platforms in
addition to placing orders via the retail chain apps. This partnership will
make express delivery even more accessible for X5 customers and expand the
Company's online business.

From 1 August, residents of Moscow and St Petersburg will be able to place
orders from Pyaterochka and Perekrestok using the SberMarket and Delivery Club
websites and mobile apps. The project envisions a gradual introduction of X5
stores to the aggregator platforms, beginning with several dozen stores in the
pilot stage. As IT systems are integrated, service coverage will expand to
several thousand stores in the Moscow and Leningrad regions, with new cities
to be added from September.

The aggregator platforms will offer the same prices, product range and terms
of delivery as the Pyaterochka and Perekrestok apps. However, the aggregators
will independently set a delivery charge and time, as well as a minimum order
value. Customers can place orders on the aggregators by selecting products
from Pyaterochka and Perekrestok's autonomous catalogues, and will have them
delivered by a Delivery Club or SberMarket courier. Promotional offers and the
option to earn and spend bonus points as part of X5's loyalty programme will
be available exclusively via the Pyaterochka and Perekrestok apps.

Larisa Romanovskaya, Managing Director at Х5 Digital, commented:

"Since the launch of express delivery in February 2020, X5 has been working
to offer its customers an outstanding digital service for ordering groceries
and other products from our stores. We have invested heavily in developing our
own infrastructure and have been building resilient communication channels
with our customers, while also expanding our footprint and enhancing our
quality of service. Express delivery has become not only a convenient but a
socially significant service that enables customers to complete everyday tasks
without going to a store. Today, we have entered a new stage of our online
development by partnering with two leading delivery aggregators. This will
enable even more customers to shop at Pyaterochka or Perekrestok through the
platform of their choice, while enjoying the same low prices, a wide product
range and short delivery time."

 

 

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 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 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 (mailto:Varvara.Kiseleva@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  MSCFLFFITTILIIF