Company Information
X5 Retail Group N.V. is the largest retail company in Russia in terms of sales.
As at 31 March 2010, X5 had 1,399 Company-managed stores located in Moscow, St. Petersburg and other regions of European Russia, Urals and Ukraine, including 1,063 soft discount stores, 276 supermarkets and 60 hypermarkets.
As at 31 March 2010, X5’s franchisees operated 640 stores across Russia.
Pyaterochka and Perekrestok have merged their operations as of 18 May 2006 to create the clear leader in the Russian food retail market. In June 2008, X5 acquired Karusel hypermarket chain and substantially strengthened its position in hypermarket format.
Pyaterochka soft discounters are conveniently located, open seven days a week from 9 am until 11 pm, and offer 4,500 SKUs. The average trading area is approximately 600 square meters.
Perekrestok operates three formats: convenience stores (with an average trading area of 400 to 600 square meters and 7,500 SKUs), supermarkets (800 to 1,600 square meters with 20,000 SKUs) and city hypermarkets (4,000 to 7,000 square meters with 35,000 SKUs). Most Perekrestok stores work 24 hours a day.
Pyaterochka and Perekrestok merged their operations on May 18, 2006 to create the leading multi-format food retailer operating in the Russian market.
X5 Retail Group N.V.’s global depository receipts have been traded on the London Stock Exchange since May 2005 under the ticker “FIVE”. Pyaterochka’s 2005 net sales (pre-merger) reached US$1.359 million, with gross banner sales in 2005 of over US$2 billion. Perekrestok net sales over the same period were US$1.015 million.
For the full year 2009 X5’s net sales totaled USD 8,717 mln, EBITDA reached USD 736 mln, and net profit amounted to USD 165 mln. For the first quarter 2009 X5’s net retail sales reached USD 2,534 mln.