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Dixy Revenue Up 90% in H1

Retailer Dixy Group's consolidated revenue increased by 89.5 percent year on year to 70.9 billion rubles ($2.15 billion) in the first half of 2012, Interfax reported Wednesday.

Dixy's pro forma sales revenue went up by 20.7 percent in the period, the statement said.

In June, the retailer's consolidated sales revenue went up by 88.1 percent to 12.1 billion rubles, while pro forma sales revenue increased by 22.2 percent. As of June 30, 2012, the group operated 1,276 stores, including 1,036 Dixy neighborhood stores.

(MT)

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