GC Detsky Mir in the 1st quarter increased revenue to 20,8 billion rubles
10.04.2017 1271

GC Detsky Mir in the 1st quarter increased revenue to 20,8 billion rubles

Detsky Mir Group announced operating results for the 1st quarter of 2017, which ended March 31, 2017. The Group’s consolidated unaudited retail revenue increased by 26,8% to RUB 20,8 billion. compared with 16,4 billion rubles. in the 1st quarter of 2016.

In accordance with the methodology used in the operating and financial statements of public grocery retailers in Russia, comparable sales (alternative like-for-like) of the Detsky Mir chain of stores in Russia increased by 11,2%, including a comparable increase in the number of checks 13,3%, while the comparable size of the average check decreased by 1,9%.

The number of the Group's stores amounted to 521 with a total sales area of ​​596 thousand sq. M. m. In the first quarter of 2017, two new stores of the Detsky Mir chain were opened.
“A significant increase in the Group’s revenue was mainly due to increased load of stores opened in 2016 and 2015, as well as an increase in comparable sales by 11,2% and a two-digit growth in the comparable number of customers,” commented Vladimir Chirakhov, Director General of Detsky Mir PJSC .
In 2017, Detsky Mir Group of Companies will continue its active development: by the end of the year, we plan to open at least 70 new super- and hypermarkets.
The Detsky Mir group of companies unites the national retail chain Detsky Mir stores, the ELC chain of stores, Detsky Mir and ELC online stores. As of December 31, 2016, the Detsky Mir chain of stores is represented by 480 stores in Russia and Kazakhstan, located in 171 cities of Russia and 7 cities of Kazakhstan, the ELC chain is represented by 45 stores in Russia. The total sales area of ​​the group's stores is 596 thousand sq. M. 

According to the audited IFRS data, for 2016 the Group’s revenue amounted to 79,5 billion rubles, adjusted EBITDA amounted to 8,2 billion rubles, and adjusted earnings for the year amounted to 3,8 billion rubles. 

Shareholders of the Company: PJSC AFK Sistema - 52,10%; Russian-Chinese Investment Fund (RCIF) - 14,03%; other shareholders holding less than 5% of the shares - 33,87%.   

Detsky Mir Group announced its operating results for 1Q 2017, ended March 31, 2017. The Group's consolidated unaudited retail revenue increased by 26,8% to ...
Euro Shoes Exhibition

Latest News

Dr. Martens has released a collaboration with Lazy Oaf

Dr. Martens and Lazy Oaf, a Lazy Oaf clothing brand, have launched a collaboration to celebrate the twentieth anniversary of the clothing brand founded in 2001 by designer Gemma Sheel. The capsule collection includes Dr. Martens Sinclair, laces ...
30.11.2021 35

The Ministry of Industry and Trade will hold a seminar "Legprom - Arctic: Products, Competencies and Prospects"

Russian light industry enterprises will present their products and developments for low arctic temperatures at a two-day seminar ...
30.11.2021 51

Sales on the Westfalika.ru marketplace on Black Friday 2021 were 30% higher.

The increase in online sales during the annual Black Friday promotion on the Westfalika.ru marketplace amounted to 44% in physical terms and 30% in monetary terms, compared to Black Friday in 2020. These results are explained by the significant ...
29.11.2021 51

On Black Friday, Wildberries recorded an increase in sales of Russian goods in foreign markets

Wildberries noted a twofold increase in sales of Russian goods on its platform in foreign markets during the Black Friday sale this year compared to the same period of sales in 2020. Sales amount ...
29.11.2021 141

Virgil Abloh, American fashion designer and founder of Off-White, has passed away

At 42, American fashion designer Virgil Abloh, founder of the street fashion brand Off-White and artistic director of the menswear line of the luxury house Louis Vuitton, has died, - this is stated in his Instagram account ...
28.11.2021 232
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning