X5’s new businesses, online contribute significantly to sales growth

Date : 27 January 2021

Amin Alkhatib

Senior Retail Analyst

X5 has reported an improved performance in 2020, versus 2019, with it generating revenue of RUB1,975 bn (US$26.31 bn). The retailer saw total sales grew 14.3% year-on-year, while like-for-likes rose by 5.5%. Both rates improved on the previous year when the stood at 13.3% and 4% respectively.…
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