REG - X5 Retail Group N.V - X5's Hard Discount Chain Opens Its First DC

X5 Retail NVAnnouncement

27/05/2022 10:00

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RNS Number : 0760N  X5 Retail Group N.V.  27 May 2022

 

X5'S HARD DISCOUNTER OPENS ITS FIRST DISTRIBUTION CENTRE

 

Voronezh, 27 May 2022 - X5 Group, ("X5" or the "Company", LSE and MOEX
ticker: FIVE), a leading Russian food retailer, announces the launch of the
first distribution centre (DC) of its Chizhik hard discount chain. Opened in
the Voronezh Region, the DC paves the way for Chizhik hard discounters to
enter the regional market in Russia, with the first stores to be launched as
early as June.

The facility has a total floor space of 12,000 sq m. It stands out among
other DCs due to its multi-format operation: capable of storing products in
various conditions, the DC enables shipping of grocery items, ultra-fresh and
frozen products, as well as alcohol.

The DC currently receives shipments from over 200 partners of the retail
chain. It has capacity to process up to 800 tonnes of products per day, while
operational continuity will be ensured by more than 200 employees and around
45 vehicles.

Ilya Yakubson, General Director of Chizhik, commented:

"The launch of Chizhik's first distribution centre is a milestone in the
retail chain's development. This move will ensure that Russia's Central Black
Earth Region benefits from our efficient logistics infrastructure. I am
especially proud of how quickly the project was implemented, with the entire
process of bringing Chizhik to Voronezh, including searching for store
locations and opening the DC, taking just three months."

 

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

 

 

 

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