FIVE19 Jan 2011 07:14
X5 Retail Group REPORTS Q4 & FY 2010 Trading Results(1):
enhanced # 1 position with nearly USD 15 bln 2010 pro forma gross sales
Record organic store openings and Kopeyka Acquisition added nearly 1,100 stores for the year
In 2011 x5 plans to add 540 stores and increase sales by approx. 40%
on organic growth and kopeYka consolidation
Q4 2010 Rur sales growth of 35% driven by improved consumer spending, organic growth and initial kopeyka contribution
FY 2010 CONSOLIDATED(2) net RETAIL SALES up 24% in RUR and 30% in USD