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Net profit of Obuv Rossii Group of Companies increased 1,7 times
16.09.2013 4530

Net profit of Obuv Rossii Group of Companies increased 1,7 times

Obuv Rossii group of companies increased audited net profit under IFRS in 2012 by 67,4% compared to the previous year - up to 397 million rubles.

The group’s revenue for the reporting period increased by 51% and amounted to 3,334 billion rubles, gross profit - by 30,2%, to 1,371 billion rubles.

Holding assets as of December 31 of 2012 of the year amounted to 3,307 billion rubles, which is 49,6% higher than at the end of the 2011 year.

Obuv Rossii Group unites six companies: Obuv Rossii LLC, Vestfalika M LLC, Pedestrian LLC, Obuvrusrus LLC, MFO LLC and Obuv Rossii LLC. The main business areas of the group are retail and wholesale of shoes and related products, shoe production. Today, the company includes more than 250 stores in various regions of the Russian Federation.

By 2018, Obuv Rossii plans to increase its retail network 3,5 times to 650 outlets, and revenue 5,5 times to 18,5 billion rubles. In May 2013, the Moscow Exchange admitted to trading company bonds in the amount of 5 billion rubles.

Obuv Rossii Group of Companies increased its audited IFRS net profit in 2012 by 67,4% compared to the previous year - to 397 million ...
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