X5 increased sales by 11.4 in 2021%

AK&M 21 January 2022 11:59

X5 Retail Group increased net retail sales by 11.4% to 2.2 trillion rubles in 2021. Digital business revenue growth amounted to 140% to 49.7 billion rubles. In the fourth quarter of 2021, X5 increased sales by 14.9% to RUB 605.395 billion year-on-year. This is evidenced by the company's materials.

X5 Retail Group N.V. is Russia's largest food retail company in terms of sales. The company operates stores in several formats: "soft" discounters under the Pyaterochka brand, supermarkets under the Perekrestok brand, hypermarkets under the Karusel brand, as well as "at home" stores under various brands. On May 18, 2006, Pyaterochka and Perekrestok merged to create a leading company in the Russian grocery retail market. On June 26, 2008, X5 completed the acquisition of the Karusel hypermarket chain. In 2010, the company acquired a network of discounters "Kopeyka".