X5 Retail Group financials

Main article about the company: X5 Group

2024

The volume of advertising services for the year 20 billion rubles

The volume of advertising services of Kh5 Group in 2024 amounted to 20 billion rubles. The company announced this on February 4, 2025.

The development of advertising and analytical potential was one of the factors that influenced the revenue growth of X5 Group both in the 4th quarter and in the whole of 2024.

In 2024, Kh5 combined the advertising and analytical capabilities of the company for suppliers and partners into a single window under the Kh5 Media brand, thereby opening advertisers access to clients of all businesses Kh5 with a daily audience of more than 24 million people online and offline, as well as 24 million unique users of the media platform Food.ru monthly. Kh5 Media's advertising inventory includes media advertising services, as well as advertising and marketing services in the retail floors of Pyaterochka, Perekrestok and Chizhik stores. In addition, it includes digital channels (websites and applications of the same name for online stores, social networks of X5 businesses), the capabilities of the Food.ru media platform, platforms for working with bloggers Kh5 Blogger, special projects, promotions and partner programs.

Investing in the expansion of advertising inventory is part of Kh5 Group's overall strategy. In 2024, we consolidated all opportunities into a single window, which brings real income to the business. The plans are to increase the volume of advertising services and multiply our contribution to the total revenue of X5. We have already been able to expand our flagship direction of instore advertising and equip 2,500 Pyaterochka stores in Moscow and St. Petersburg with digital screens, and in 2025 we will focus on developing digital tools and creating our own advertising platform, "said Carolina Sokolova, Managing Director of Kh5 Media.

Revenue of digital services X5 for the year soared by 61.9% and exceeded 200 billion rubles

At the end of 2024, the revenue of digital services X5 Group (manages the retail chains Pyaterochka, Perekrestok and Chizhik) reached 200.07 billion rubles. This is 61.9% more compared to 2023, when the figure was 123.59 billion rubles. Such data are provided in the financial report published on January 27, 2025. Read more here.

Revenue growth by 24.2% to ₽3,91 trillion

On January 27, 2025, it became known that the revenue of X5 Group, the largest retail grocery company in Russia, at the end of 2024 increased by 24.2% and amounted to ₽3,91 trillion. This indicator includes sales of the Pyaterochka, Perekrestok and Chizhik networks, as well as the company's digital businesses. Information about this is contained in the company's published preliminary operating results.

Revenue growth was driven by a 14.4 per cent increase in like-for-like (LFL) sales as well as an expansion in retail space, according to X5 Group. The total volume of comparable sales includes stores operating for at least twelve months, as well as express delivery services. The dynamics of the Chizhik network, where sales more than doubled, had a significant impact.

As indicated in the report, the Pyaterochka network continued to lead in revenue among all formats, ending 2024 with an indicator of ₽3,02 trillion. The network has increased its presence in the regions, opening new points in the Trans-Baikal Territory, Yakutia and other constituent entities of Russia. Perekrestok supermarkets accounted for ₽491,0 billion, which is 17.2% more than in 2023.

The growth of digital businesses, including the 5Post express delivery platform and the Many Salmon service, also made a significant contribution to the increase in revenue. According to the report, revenues from this segment increased by 61.9% and amounted to ₽200,1 billion. In 2024, MAU (active monthly audience) of digital services reached 43.1 million, an increase of 25.1%.

To support regional expansion, X5 Group opened three new distribution centers in 2024, increasing the total to 72 facilities. Key discoveries took place in Samara, Chelyabinsk and Perm.

At the end of 2024, the X5 Group managed 27,015 stores, including Pyaterochka, Perekrestok, Chizhik and other formats. In addition, the company continued to develop its logistics infrastructure and process automation, part of a long-term technology leadership strategy.^[1]

2023: Revenue growth by 20.6% to 3.14 trillion rubles

In 2023, consolidated sales of the X5 group reached 3.14 trillion rubles, an increase of 20.6% compared to 2022. The retailer cited such data on January 24, 2024.

From the materials of X5 it follows that in 2023 the revenue of stores Five"" increased by 15.8% and amounted to 2.43 trillion rubles, supermarkets Intersection"" - by 5.2%, to 384.32 billion rubles, "tough" discounters Siskin"" - three times, to 118.21 billion rubles. Revenues from digital business areas (online hypermarket Vprok.ru Perekrestok, express delivery, last mile delivery service 5Post and ready-made food delivery service) Lots of salmon increased by 75.7% to 123.59 billion rubles.

The total retail area of ​ ​ X5 stores as of December 31, 2023 amounted to 10,206,011 square meters. meters against 9,107,479 square meters. meters as of December 31, 2022. The company noted that in 2023 the chains of stores (in general + 3149 stores) "at home," "hard" discounters expanded, expansion into the Far East began and the transformation of the Karusel network ended - the last hypermarket was closed. As of December 31, 2023, the group is combining 24,472 stores, up 14.8% from December 31, 2022.

Most of the new outlets fall on the format of convenience stores - 2,144 in 2023. Also during this period, the number of "hard" discounters "Chizhik" (983 open stores at the end of the year) doubled.

The retail area of ​ ​ the Pyaterochka network at the end of 2023 increased by 11.2% (to 8.339 million square meters). In 2023, the revenue of comparable Pyaterochka stores rose by 9.8% (the check increased by 4.7%, traffic - by 4.9%).

The retail area of ​ ​ the Perekrestok supermarket chain decreased by 0.1% (to 1.084 million square meters). Over the year, comparable sales of Perekrestok increased by 8.3% (the average check increased by 6%, consumer traffic by 2.2%).

X5 Group Announces 20.6% Net Revenue Growth in 2023

2022: Revenue growth by 18.3%, to 2.6 trillion rubles

In 2022, net revenue X5 reached 2.6 trillion, rubles up 18.3% from a year earlier. Financial and the retailer published its operating results on January 24, 2023.

According to the report, the revenue of discounters "Chizhik" in 2022 increased 12 times compared to 2021 and amounted to 35.8 billion rubles, and the number of stores increased 7 times, to 517 at the end of December 2022. Revenue "Pyaterochki" increased by 18%, to 2.1 trillion rubles, "Intersection" - by 8.3%, to 365 billion rubles, the revenue of Carousel decreased by 50%, to 15.6 billion rubles.

The X5's comparable sales (LFL) growth in 2022 was 10.8%. The number of chain stores increased by 11.5%, to 21 thousand 323, the company opened 2.2 thousand new stores (against 1366 new stores in 2021) against the background of the expansion of the format of convenience stores and "hard" discounters, as well as thanks to strategic partnership with the groups of companies "Red Yar" and "Slata" in Eastern Siberia. Most of the new outlets fell on Pyaterochka stores (1,192 at the end of the year). Chizhik demonstrated a multiple increase in store opening - 445 stores were opened over the year.

The average check in the Kh5 Group grew by 7.2%, to 469 rubles, the number of buyers - by 10.4%, to 6.3 billion. Offline sales of X5 in 2022 turned out to be equal to 2.53 trillion rubles, which is 17.7% more than a year in the wound. Digital revenue increased by 46.6%, to 70.35 billion rubles.

The trading area of ​ ​ the Kh5 as of December 31, 2022 increased by 8.3%, to 9.107 million square meters. m. In 2022, the revenue of comparable Pyaterochka stores in 2022 increased by 11.7% (check increased by 7.9%, traffic - by 3.5%). Over the year, comparable sales of Perekrestok increased by 10.8% (the average check increased by 7.2%, consumer traffic did not change).

X5 2022 Financial Results

2020

Revenue growth by 14.2%, to 1.97 trillion rubles

Revenue of X5 Retail Group in 2020 rose by 14.2% and reached 1.97 trillion rubles. This does not include the indicators of the 5Post and the aggregator "About"). Taking into account the results of these segments (in addition to the sales indicators of the Perekrestok online hypermarket, express delivery from convenience stores and supermarkets), the retailer's total sales rose by 14.3%.

The main driver of X5 turnover growth was sales in convenience stores amid traffic flow from traditional formats and hypermarkets.

Sales of comparable Kh5 stores at the end of 2020 increased by 5.5% due to an increase in the average check by 12.2% while traffic fell by 6%.

X5 Retail Group's 2020 revenue rises 14.2%

Revenue of digital business areas X5 (Perekrestok Vrok, express delivery and 5Post) for the year increased almost 5 times (362.2%) year-on-year, reaching 20.1 billion rubles.

Our main offline formats showed good results throughout the year, which was facilitated by the new concepts of Perekrestok and Pyaterochka stores, the expansion of our own range of finished products and a constant focus on efficiency, - says Igor Shekhterman, Chief Executive Officer of X5, commenting on the financial and operational performance of the group. - The digital transformation of the X5 has continued in both our customer services and our internal business processes.

The revenue of the Perekrestok supermarket chain at the end of 2020 reached 321 billion rubles, an increase of 17.5% compared to 2019. Pyaterochka's revenue rose by 16.9%, to 1.6 trillion rubles.

According to the financial statements, in 2020 X5 opened 1,410 new stores 583 convenience stores and 46 supermarkets (including 24 Karusel stores transferred to Perekrestok) were reconstructed in accordance with new concepts. As of December 31, 2020, X5 Retail Group managed 17.7 thousand stores, of which 16.7 thousand operate under the Pyaterochka brand. At the end of 2020, the retail area of ​ ​ Kh5 stores increased by 8.3% (to 7 million 840,073 thousand square meters. m^[2]

The total turnover of online businesses amounted to 21.9 billion rubles.

On February 15, 2021, X5 Group ("X5" or "Company") announced the results of 2020 in the online food trading segment on the Russian market.

GMV (total turnover) of X5 online businesses for 2020 amounted to 21.9 billion rubles. (VAT including), of which 15.0 billion rubles. accounted for the online hypermarket "Intersection Vprok," and 6.9 billion rubles. - the share of express delivery services from stores "" and "Perekrestok," Five as well as the express delivery aggregator "" launched in 3 square meters. 2020. In Near 2020, X5 delivered 7.9 million online orders received through its own web- and mobile platforms, compared to 1.4 million orders in 2019. This led to an increase in online GMV X5 by 347 to data %. According to Infoline, the annual turnover of the entire Russian trade online food market in 2020 amounted to 155 billion rubles, having increased 3.6 times year-on-year, and the market share of X5 was 13%.

At the end of 2020, the share of digital businesses reached 1.0% of the total X5 sales and amounted to 2.2% of sales in Moscow and the Moscow region. At the same time, in 4 square meters. 2020 and January 2021 in Moscow and the Moscow region, this figure was 3.5% and 3.8%, respectively.

In January and February 2021, the Company saw an acceleration in demand for online products. The cumulative number of orders per day through all delivery platforms during the peak days of February exceeded 67,000. X5 digital services for February 2021 are available in 21 regions of Russia. The level of demand from consumers allows us to positively assess X5's prospects in the Russian online food trading market, taking into account the large network of 17,707 stores of the Company in 66 regions (at the end of 2020), which is the existing infrastructure for further expansion of online sales.

We are pleased with our results and the significant growth we have achieved over the past year. I'm sure we're moving in the right direction. In 2021, we began to transform our online hypermarket Perekrestok Vrok into an FMCG marketplace, which means a significant expansion of its range and geography of presence. Thanks to the development of our logistics project 5Post an expanded assortment of the Vprok marketplace will become available in most of the country in 2021. Already in the first quarter, we will begin connecting external partners to the Near express delivery aggregator, which is already showing rapid growth rates in pilot mode. Our express delivery services from Pyaterochka and Perekrestok will also expand both in the current regions and in other regions of X5 presence. In 2020, we have already reached 13% of the share of the Russian online food trading market according to Infoline and expect a further increase in this indicator. said Igor Shekhterman, Chief Executive Officer of X5 Retail Group

Capitalization $10 billion

The capitalization of Sberbank in comparison with the largest IT and retail companies in Russia.

Sales of the X5 network through its own online platforms grew 4.7 times over the year

On May 6, 2020, X5 Group the grocery retail company Russia reported that TAdviser online sales of Kh5 Retail Group through platforms Perekrestok.ru and "" Delivery. Pyaterochka amounted to 1.7 billion (rubles VAT including) in April, showing an increase of 4.7 times. In ^[3] year-on-year, which, according ^[4] the company, provided Kh5 leadership in the online food delivery segment in. In the Russia structure of Kh5 turnover, sales through online channels in April accounted for 2% of the company's total sales in, and - To Moscow Moscow region St. Petersburg regions where as of May 6, 2020 these services are available to customers of the network. By the end of April, the Kh5 delivered more than 23 thousand orders to consumers every day, and this figure continues to grow. More. here

2019: X5 calculated 1.4 billion rubles. for tax evasion for 2014

The court additionally charged the retailer X5 Group (Perekrestok, Pyaterochka, Karusel and others) 1.4 billion rubles. for tax evasion, they write in December 2019. Sheets"" The reason for the dispute between the retailer and the tax authorities was the company's intra-group transactions.

The conflict between the retailer and the regulator began when the Inspectorate of the Federal Tax Service (FTS) checked whether the consolidated X5 group of companies paid taxes correctly for 2014. And as a result, she added 1.4 billion rubles to her.

Despite the fact that X5 Retail Group tried to challenge the decision of the Federal Tax Service, the Moscow Arbitration Court supported the regulator. The attention of tax officers was attracted by the course of the restructuring of X5. The company decided to hold it in 2013 to simplify the structure of business ownership.

X5 appeared as a result of the merger of several stores - Pyaterochka, Perekrestok, Karusel and smaller chains. The tax authorities decided that during one of the transactions in 2013-2014, X5 withdrew money from Russia abroad and did not pay tax on them.

The tax office drew attention to the purchase of Agrotorg (now the main company Pyaterochek) by the Perekrestok trading house. The deal went through several overseas firms. In 2013, Perekrestok bought 83.4% of Agrotorg from Cyprus-based Speak Global Ltd for 82.5 billion rubles. But then he replaced his obligation to her with a loan, the rights to which, as a result of several intra-group transactions, passed to the Cypriot Kh5 Retail Holding. From payments on the debt "Perekrestok" tax did not pay, and the profit reduced by interest.

2018

For 9 months of 2018, X5 Retail Group's revenue amounted to 1,109,582 million rubles. ($18,061 million USA), indicator of scorers. EBITDA amounted to 79,484 million rubles. ($1,294 million US), and net profit amounted to 22,400 million rubles. (365 million dollars. UNITED STATES).

2017

For 2017, X5 Retail Group's revenue amounted to 1,295,008 million rubles. ($22,193 million USA), indicator of scorers. EBITDA amounted to 99,131 million rubles. ($1,699 million Net profit amounted to RUB 31,394 million (USD 538 million). UNITED STATES). More than 3 billion buyers per year.

2015

In 2014, the Company's revenue amounted to 633,873 million, rubles EBITDA amounted to 45,860 million rubles, and net profit amounted to 12,691 million rubles. According to the results of 9 months of 2015, revenue amounted to 578,701 million rubles, EBITDA amounted to 41,780 million rubles, and net profit amounted to 12,084 million rubles. X5 shareholders are: Alfa Group - 47.86%, Pyaterochka founders - 14.43%, X5 directors - 0.06%, treasury shares - 0.02%, free float - 37.64%.

2014

All three X5 Retail Group chains increased revenue: Pyaterochka - by 25%, Perekrestok - by 5%, Karusel - by 8%.

2013

In the first quarter of 2013, X5 Retail Group increased revenue by 8.1 percent compared to the same period in 2012. Thus, its sales grew to 126 billion rubles.

Nevertheless, this growth did not allow X5 to maintain its leadership in terms of revenue in Russia, reports Reuters. A little earlier, the Magnit network announced that it received 131.2 billion rubles in the first quarter. "Magnet" for a long time overtook X5 in the number of stores, but was inferior in turnover.

In January-March 2013, X5 opened 66 new stores, of which 59 fell on discounters. At the same time, the retailer closed 16 ineffective points of sale. Same-store sales increased 6.2 percent. The best sales dynamics was in stores "at home."

The average check compared to January-March 2012 increased by 2.5 percent due to inflation, but traffic decreased by 2.1 percent.

2012: Loss of $126.5 million

At the end of 2012, the company received a net loss under IFRS of $126.5 million.

2011: Net income $302.2 million

In 2011, the company managed to earn $302.2 million in net income.

The company's net revenue for the first quarter of 2011 amounted to $3,845 million, EBITDA amounted to $281 million, net profit amounted to $97 million.

2010

Net revenue of X5 Retail Group N.V. for 2010 reached $11,280 million, EBITDA amounted to $844 million, net profit amounted to $271 million.

2009

Net revenue of X5 Retail Group N.V. for the nine months of 2009 reached $6,081 million. EBITDA amounted to USD 509 mln. Net income amounted to $121 million. UNITED STATES.

As of December 31, 2009, the company operated 1,372 stores located in Moscow, St. Petersburg and 43 other cities in the European part of Russia, the Urals and Ukraine. The company's multi-format network included:

• 1,039 Pyaterochka stores of the soft discounter format,
• 275 Perekrestok supermarkets and
• 58 Karusel hypermarkets.

As of December 31, 2009, the number of franchise stores in Russia was 620.

2008

Net revenues of X5 Retail Group for 2008, including Carousel in proforma, reached $8,892 million. EBITDA amounted to USD 803 mln. Adjusted net income (excluding non-cash goodwill write-offs) amounted to $112 million. UNITED STATES.

Notes