The large Russian food retailer Dixy reported the Q1 net profit growth by 27% up to 164.1m rubles. Net retail sales increased by 21% to 181.1bn rubles; EBITDA grew by 28% to 1bn rubles. The like-for-like sales soared by 7.6%. Dixy is preparing a RUB 25.6bn acquisition deal with Victoria retail chain. The control packet of Dixy shares (63.7%) belongs to the multi-field holding company Merkuriy, owned by Igor Kesayev.
Source: www.retailer.ru