Central Federal District

O'KEY GROUP NET RETAIL REVENUE RISES BY 9.3%, DA! DISCOUNTERS DELIVER 57.6% REVENUE GROWTH IN Q1 2022

Retrieved on: 
Donnerstag, April 28, 2022

Group net retail revenue [1] increased by 9.3% YoY to RUB 47.3 bn in Q1 2022, driven by both hypermarkets and discounters LFL growth and supported by online sales and the discounter chain expansion.

Key Points: 
  • Group net retail revenue [1] increased by 9.3% YoY to RUB 47.3 bn in Q1 2022, driven by both hypermarkets and discounters LFL growth and supported by online sales and the discounter chain expansion.
  • O'KEY hypermarkets' net retail revenue stood almost flat YoY at RUB 35.9 bn in Q1 2022 vs RUB 36.0 bn in Q1 2021, primarily due to a selling space reduction.
  • discounters continued to demonstrate one of the highest growth rates in the sector and delivered an impressive 57.6% YoY net retail revenue growth to RUB 11.4 bn in Q1 2022.
  • [1]Hereinafter, net retail revenue, LFL net retail revenue, and the average ticket metrics are provided net of VAT.

O'KEY CONSOLIDATES ITS POSITION IN MOSCOW REGION

Retrieved on: 
Montag, Februar 21, 2022

O'KEY Group S.A. (LSE, MOEX: OKEY, the "Group" or the "Company"), one of Russia's largest food retailers, has announced the expansion of its hypermarket business in the Moscow region.

Key Points: 
  • O'KEY Group S.A. (LSE, MOEX: OKEY, the "Group" or the "Company"), one of Russia's largest food retailers, has announced the expansion of its hypermarket business in the Moscow region.
  • As a result of the deal the number of O'KEY stores in Russia's Central Federal District reached 25 (of which 18 are located in Moscow and the Moscow region).
  • The Group has seven e-commerce pick-up points in Moscow and six e-commerce pick-up points in St. Petersburg.
  • The Group operates five distribution centres in Russia - three in Moscow and two in St. Petersburg.

Fix Price signs agreement with PNK Group to build new distribution centre

Retrieved on: 
Donnerstag, Januar 20, 2022

The new distribution centre with a total area of 68,000 sqm will be built in Domodedovo, south of Moscow

Key Points: 
  • The new distribution centre with a total area of 68,000 sqm will be built in Domodedovo, south of Moscow
    20 January 2022 Fix Price (LSE and MOEX: FIXP), one of the leading variety value retailers globally and the largest in Russia, has signed an agreement with industrial real estate developer PNK Group to build a new distribution centre.
  • It will be located in the PNK Park Domodevo 1 zone and will have a total area of 68,000 sqm.
  • Fix Price will invest about RUB 3.8 billion in the construction and equipment of the distribution centre.
  • Currently, Fix Price has two distribution centres in the Moscow region located in Vnukovo and Pushkino.

Bragar Eagel & Squire, P.C. Announces that it Is Investigating the Boards of Directors of Sanderson Farms, Misonix, and Steadfast Apartment REIT on behalf of Stockholders and Encourages Investors to Contact the Firm

Retrieved on: 
Freitag, Oktober 1, 2021

announces to investors that it is investigating potential claims on behalf of stockholders of Sanderson Farms, Inc. (NASDAQ: SAFM), Misonix, Inc. (NASDAQ: MSON), and Steadfast Apartment REIT, Inc. (Other OTC: STFR) (STAR).

Key Points: 
  • announces to investors that it is investigating potential claims on behalf of stockholders of Sanderson Farms, Inc. (NASDAQ: SAFM), Misonix, Inc. (NASDAQ: MSON), and Steadfast Apartment REIT, Inc. (Other OTC: STFR) (STAR).
  • Pursuant to the merger agreement, Sanderson Farms stockholders will receive $203 in cash for each share of Sanderson common stock owned.
  • Bragar Eagel & Squire is concerned that Sanderson Farms board of directors oversaw an unfair process and ultimately agreed to an inadequate merger agreement.
  • Accordingly, the firm is investigating all relevant aspects of the deal and is committed to securing the best result possible for Sanderson Farms stockholders.