"Shoes of Russia" in profit
In the first half of the year, the net profit of the group of companies increased by 86%
Obuv Rossii GC summed up the financial results of the first half of the 2012 year. The revenue of the group of companies for the reporting period amounted to 1,04 billion rubles, an increase compared to the same period of the 2011 year - 49%. Net profit in the first half of the year grew by 86% and amounted to 79,6 million rubles. EBITDA - 149,7 mln rubles, growth in relation to 2011 year - 60%. EBITDA margin - 14,35% (in the first half of 2011 of the year - 13,35%).
In the first half of the year, Obuv Rossii launched a specialized chain of bags and accessories stores Emilia Estra. The first store opened in late April in Tyumen, the second - in July in Novosibirsk. Also, by the end of the year, new stores will appear in Omsk, Krasnoyarsk, Kemerovo. Investments in one retail outlet amount to 1-1,5 million rubles. Non-shoe products are one of the priority areas for the development of Shoe of Russia. In the first half of the year their share in retail turnover doubled and amounted to 10% (in 2011 year - 5%).
In the first half of the year, Obuv Rossii announced investment projects. The company began the reconstruction of the head office building, which will be completed by the end of the 2013 year. As a result, the total area of administrative premises will increase three times to 6,7 thousand square meters. 300 million rubles will be invested in the project. In addition, in 2013, the company will begin to build a new production and logistics complex with an area of 25 thousand square meters. in the Novosibirsk region. Investments in the project will amount to 460 million rubles. This will allow the company to increase shoe production from 350 thousand to 500 thousand pairs of shoes per year and increase the area of storage facilities by three times.
Obuv Rossii Group of Companies is a federal shoe retail company, one of the five largest shoe retailers in Russia. The main business areas of the group are retail and wholesale of footwear and related products, shoe production. It is developing two networks - Westfalika (single brand, mid-price segment) and Pedestrian (economy network), as well as the brand of inexpensive youth shoes Emilia Estra. Today, more than 180 stores of the company operate in 56 cities of Siberia, the Urals, central Russia, the Volga region and the Far East. Planned revenue in 2012 year - 3,2 billion rubles. Credit rating “Expert RA” - “A”, high level of reliability.
In the first half of the year, the net profit of the group of companies increased by 86%. Obuv Rossii Group summed up the financial results of the first half of the 2012 year. The revenue of the group of companies for the reporting period amounted to 1,04 ...
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