Dixy announces revenue growth of 43.8% for the 2012 financial year.
Encouraging year of growth
Dixy’s consolidated full year sales for 2012 showed a 43.8% increase compared to the previous last year at RUB 147bn. Year-on-year sales increased by 20.8% on a pro-forma basis, including revenue from the acquisition of the Victoria Group chain in 2011.
Convenience performing well
Sales in Dixy’s convenience, supermarket and hypermarket formats all increased, whereas revenue from its cash & carry format decreased on a pro-forma basis compared to 2011. The retailer opened 380 stores over the year with a heavy focus on its neighbourhood stores.