Russian grocery chain Dixy has revealed that its January-August consolidated revenues surged 61.6% year-on-year to 94.2bn roubles (US$3.01bn), boosted by its merger with smaller rival Victoria just over a year ago.
Sales were up 21.6% on a pro-forma basis, including Victoria’s results from the beginning of 2011, Dixy said in a statement.
In August alone, consolidated sales were up 24.6% in rouble terms after a rise of 23.4% in July.
Source: www.kamcity.com