X5's net profit under IFRS for the first quarter of 2024 increased 2-fold to RUB 20.87 billion from RUB 9.69 billion a year earlier. Revenue increased by 27.3% to 886.22 billion rubles from 696.36 billion rubles, gross profit – by 27.1% to 212.56 billion rubles from 167.23 billion rubles, EBITDA – by 29.3% to 90.73 billion rubles from 70.19 billion rubles. This is stated in the company's message.
X5 Group is a Russian grocery retail company that operates stores of several retail chains. The company is also developing digital businesses.
As of March 31, 2024, the company had 24,884 stores under management. The network includes 21593 Pyaterochka stores, 978 Perekrestok supermarkets, 1616 Chizhik hard discounters and 612 Krasny Yar and Slata stores. The company also manages 61 distribution centers and 5,504 of its own trucks on the territory of the Russian Federation.
X5 Group's net profit under IFRS 16 for 2023 increased by 73.9% to RUB 78.59 billion from RUB 45.19 billion a year earlier. Revenue increased by 20.8% to 3.14 trillion rubles from 2.6 trillion rubles, gross profit – by 20.9% to 768.04 billion rubles from 635.19 billion rubles, EBITDA – by 13.6% to 344.16 billion rubles from 302.85 billion rubles.
