In 2012, revenue of X5 Retail Group N.V. increased by 8.3% to RUB 490.088 billion from RUB 452.482 billion for 2011, the company informed.
X5's revenue for Q4 2012 totaled RUB 133.881 billion, increasing by 8.6% year-on-year. The increase was primarily driven by sales growth at soft discounters and to a lesser extent at supermarkets and convenience stores resulting from organic store additions, the positive performance of maturing stores added over the past two years and on-going promotional activities. These increases were partially offset by a decrease in net retail sales at hypermarkets. In Q4 2012, net ruble revenue attributable to hypermarket operations decreased by 4.2% year-on-year primarily due to the closures of hypermarkets 10,000 sq. m. and 3,000 sq. m. in area in July and December of 2012, respectively, and the aggressive sell-off of some of the format's non-food assortment in Q4 2011.
X5 Retail Group N.V. is the largest retail company in Russia in terms of sales volumes. The company runs stores in several formats: soft discounters (the Pyatyorochka brand), the Perekryostok supermarkets, and the Karusel hypermarkets, along with corner shops under various brands.
On May 18, 2006, the merger of Pyatyorochka and Perekryostok established a leading company in the grocery retail trade market of Russia.
On June 26, 2008, X5 sealed a transaction for the acquisition of Karusel store chain, thereby considerably strengthening its power in the hypermarket segment.
In 2010, the company acquired the discount network Kopeyka.
As of December 31, 2012, X5 operated 3,802 stores.
X5 shareholders are: Alpha Group (47.86%), the founders of Pyatyorochka (19.85%), the company's directors (0.14%), the treasury GDRs (Treasury Stock) accounting for 0.11%; the free float being 32.04%.
Net profit of X5 Retail Group N.V. for 9 months 2012 (as of September 30, 2012), according to the international financial reporting standards, decreased by 12.4% to $147.3 million from $168.2 million for 9 months 2011. Revenue decreased by 0.1% to $11.475 billion from $11.49 billion, GP by 0.6% to $2.682 billion from $2.698 billion, EBITDA by 1.5% to $774.2 million from $785.8 million, operating profit by 5.8% to $436.7 million from $463.8 million.