X5 Retail Group N.V. (Pyaterochka Holding N.V.), Russia’s largest food retailer in terms of sales, wishes to correct a report by Prime-TASS (a Russian news agency) reproduced by other news outlets, which incorrectly interpreted a statement by Vitaliy Podolskiy, Group CFO, regarding revenue projection in FY 2006 made at the Russian CFO summit on 26 October 2006.
26 October 2006