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Performance indicators
2023: Profit growth tripled to RUB 220.3 mln
In 2023, the Verny chain of stores recorded revenue of 123.8 billion rubles, which is 5.8% more than a year earlier. The net profit of Soyuz St. John the Warrior LLC (the retailer's legal entity) during this time almost tripled and reached 220.23 million rubles. Such data are contained in the reporting under RAS, which was published in early April 2024.
According to Interfax, citing the company's materials, its gross profit in 2023 amounted to 29.5 million rubles, an increase of 2.3% on an annualized basis. The loss from sales sharply decreased - 1.23 billion rubles in 2022 to 188.5 million rubles a year later. The retailer's commercial expenses decreased by 1.3%, to 29.7 billion rubles.
By the end of 2023, Verny managed more than 1,000 stores in central Russian cities - Moscow, St. Petersburg, Moscow, Leningrad, Vladimir, Kaluga, Yaroslavl regions and other regions.[1]
2022: Revenue growth by 26% to RUB 117.1 billion
In 2022, the Verny chain of stores earned 117.1 billion rubles in revenue, which is 26% more than a year earlier. The company's net profit during this time increased 7.7 times and reached 75.17 million rubles. The retailer announced such data in May 2023.
According to Interfax, citing materials from the Union of St. John the Warrior LLC (legal entity of the Verny brand), in 2022 the company's gross profit amounted to 28.87 billion rubles, surpassing the figure a year ago by 32.5%. The loss from sales decreased to 1.23 billion rubles from 2.62 billion rubles a year earlier. Commercial expenses increased by 23.4%, to 30.1 billion rubles. In addition to the main activity, the company's income is brought by subleasing part of the retail premises to accommodate various types of enterprises - from jewelry stores and mobile salons to cafes and travel agencies.
The Verny chain of stores plans to increase revenue by more than 30% in 2023. This was announced in September 2022 by the commercial director of the company Anton Bakharev.
The Verny retail network is a federal trading company represented in Vladimir, Kaluga, Moscow, Tula, Yaroslavl, Tver, Leningrad, Novgorod, Sverdlovsk regions, in Moscow, St. Petersburg, Yekaterinburg, Kazan and the Republic of Tatarstan. By the end of 2022, more than 1.1 thousand stores were opened under the Verny brand, the number of network employees exceeds 11 thousand people.
Verny said that by the beginning of 2022, the average retail area of the network's facilities is 310 square meters. m, it corresponds to the format "shop at home," the expansion of the network will increase the effectiveness of logistics and procurement. Verny is growing at a rapid pace, especially in the Central and North-Western federal districts, where competition for locations is less intense, said Mikhail Burmistrov, general director of Infoline Analytics.[2]
History
2020
The Verny retail chain is one of the most progressive federal retailers on the Russian food-retail market. The company has more than 500 discounter stores. = =
The Verny department store chain has existed on the market since 2012 and includes more than 400 stores opened in different cities of Russia. It has two large branches - central (Moscow, Moscow region, Vladimir, Yaroslavl, Kaluga and Tula) and northwestern (St. Petersburg, Leningrad region and Veliky Novgorod).
Notes
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