O'KEY GROUP REPORTS 10.4% REVENUE GROWTH IN Q4 2021, DISCOUNTERS' REVENUE GROWS BY 47.3% WITH 24.8% LFL
Retrieved on:
Friday, January 28, 2022
Group like-for-like (LFL) net retail revenue rose 6.9% YoY, led by both hypermarket and discounter growth.
Key Points:
- Group like-for-like (LFL) net retail revenue rose 6.9% YoY, led by both hypermarket and discounter growth.
- O'KEY hypermarkets' net retail revenue grew 4.2% YoY to RUB 43.5 bn, primarily on the back of a 3.8% YoY LFL revenue increase.
- O'KEY hypermarkets' net retail revenue increased 2.5% YoY to RUB 150.4 bn, with 1.4% YoY LFL revenue growth.
- discounters' net retail revenue grew 34.3% YoY to RUB 34.8 bn, with 16.3% YoY LFL revenue growth.