X5 GROUP PUBLISHES ITS 2023 SUSTAINABILITY REPORT
Moscow, 25 April 2024 - X5 Group ("X5" or the "Company", LSE and MOEX ticker: FIVE), a leading Russian food retailer that operates the Pyaterochka, Perekrestok and Chizhik retail chains, has published its fourth annual Sustainability Report prepared in accordance with both international[1] and Russian[2] reporting standards.
The document was independently assured by TSATR - Audit Services ('B1').
In 2023, X5 reviewed its progress towards achieving its strategic sustainability goals, set goals to 2025, and updated several of its goals to 2030. These goals are highlighted by analysing the impact on key stakeholders and the areas in which X5 Group can make the most significant difference, taking into account the specifics of its business.
For more details, see the 2023 Sustainability Report on X5's website: https://www.x5.ru/en/investors/esg-reports/
Note to Editors:
X5 Retail Group N.V. (LSE and MOEX: FIVE; Expert RA - ruAAA; ACRA - AAA(RU)) is a leading Russian food retailer. The Company operates proximity stores under the Pyaterochka brand, Perekrestok supermarkets and Chizhik hard discounters. X5 provides an omnichannel experience to its customers, integrating retail stores and e-commerce through its businesses Vprok.ru, 5Post, express delivery and Mnogo Lososya.
As of 31 March 2024, X5 had 24,884 Company-operated stores. It has the leading market position in both Moscow and St Petersburg and a significant presence in the European part of Russia, as well as a growing presence in the Russian Far East. Its store base includes 21,593 Pyaterochka proximity stores, 978 Perekrestok supermarkets, 1,616 Chizhik hard discounters and 612 Krasny Yar and Slata stores. The Company operates 61 DCs and 5,504 Company-owned trucks across the Russian Federation.
X5 is one of the largest employers in Russia. The Company employs over 378 thousand people.
For the full year 2023, revenue totalled RUB 3,145,859 million (USD 36,903 million*), EBITDA pre-IFRS 16 reached RUB 214,764 million (USD 2,519 million*), and net profit pre-IFRS 16 for the period amounted to RUB 90,284 million (USD 1,059 million*). In Q1 2024, revenue totalled RUB 886,220 million (USD 9,766 million**), EBITDA pre-IFRS 16 reached RUB 55,266 million (USD 609 million**), and net profit pre-IFRS 16 amounted to RUB 24,015 million (USD 265 million**).
Forward-looking statements
This announcement includes statements that are, or may be deemed to be, "forward-looking statements". These forward-looking statements can be identified by the fact that they do not only relate to historical or current events. Forward-looking statements often use words such as "anticipate", "target", "expect", "estimate", "intend", "expected", "plan", "goal", "believe", or other words of similar meaning.
By their nature, forward-looking statements involve risk and uncertainty because they relate to future events and circumstances, a number of which are beyond X5 Group N.V.'s control. As a result, actual future results may differ materially from the plans, goals and expectations set out in these forward-looking statements.
Any forward-looking statements made by or on behalf of X5 Group N.V. speak only as of the date of this announcement. Save as required by any applicable laws or regulations, X5 Group N.V. undertakes no obligation publicly to release the results of any revisions to any forward-looking statements in this document that may occur due to any change in its expectations or to reflect events or circumstances after the date of this document.
*FX rate: 85.2466 USD/RUB
**FX rate: 90.7471 USD/RUB
| For further details please contact: | |
| Polina Ugryumova | Maria Yazeva |
[1] Global Reporting Initiative Standards; Sustainability Accounting Standards; recommendations of the Task Force on Climate-related Financial Disclosures; EU Taxonomy.
[2] Recommendations of the Bank of Russia; the Russian Ministry of Economic Development; the Russian Union of Industrialists and Entrepreneurs.
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