X5 Group

Owners

The shareholders of X5 as of December 2018 are:

• CTF Holdings S.A. — 47,86%,
• Intertrust Trustees Ltd (Axon Trust) — 11,43%,
• X5 directors - 0.07%,
• treasury shares - 0.01%,
• shares in free float - 40.63%.

Aktivs

2020: Regional presence

2018: 13.6k stores

As of September 30, 2018, X5 Retail Group had 13,685 stores with leading positions in Moscow and St. Petersburg and a significant presence in the European part of Russia. The network includes:

• 12,822 Pyaterochka stores,
• 712 Perekrestok supermarkets,
• 92 Carousel hypermarket and
• 59 Express stores.

X5 Retail Group operates 40 distribution centers and 3,293 own trucks in the Russian Federation.

Performance indicators

Main Article: X5 Retail Group Financials

2023: Revenue growth by 20.6% to RUB 3.14 trillion

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, X5's net revenue reached 2.6 trillion rubles, which is 18.3% more than a year earlier. The retailer published its financial and 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

Information Technology at X5 Retail Group

Main article: Information Technology at X5 Retail Group

Online business

Main article: Online business chain Perekrestok

History

2024

Buying a marketplace of products May24

The largest Russian retailer X5 Group announced the acquisition of a 100% stake in MAY24 LLC, which owns the MAY24 digital trading platform. The deal, which became known on October 2, 2024, is aimed at expanding the company's capabilities in the field of digital distribution of consumer goods. Read more here

Purchase of 30% of the company developing the Orange loyalty program

X5 Group acquired 30% of KPL LLC, which is the operator of the Orange loyalty program. This became known at the end of July 2024. Read more here

Launch of the network of alcomarkets

In June 2024, it became known about the launch by the X5 group of an alcomarket chain based on the Shopping stores. Pilot stores have already begun work in the south of Russia, representing compact points with an area of ​ ​ 100-200 square meters. m and an emphasis on a wide range of alcoholic beverages. Read more here

Buying a Hot hit ready-to-eat factory

At the end of April 2024, it became known about the sale of Hot hit to the X5 group. The last buyer was the company "Corporate Center X 5." Prior to that, the food factory was owned by Viktor Faizulin, Kirill Rudakov, Viktor Vasin, Georgy Shchennikov, Oleg Samsonov and Alexander Svistov. The latter by April 27, 2024 holds the post of General Director of Nice Ice LLC. Read more here.

2023

Buying a chain of stores "Amba"

On November 2, 2023, X5 Group announced the purchase of the Khabarovsk chain of stores "Amba." The company did not disclose the financial and other terms of the transaction. Read more here.

Launch of the network of stores "About"

On October 6, 2023, X5 Group announced the launch of the project of small format stores "About." According to Vladimir Salakhutdinov, Director of Strategy and Business Development of Kh5 Group, the approximate area of ​ ​ such points of sale will be 90-150 square meters. m Read more here.

Buying a chain of stores "Victoria"

On August 1, 2023, X5 Group announced the purchase of Victoria Baltia, which operates Victoria supermarkets, as well as Deshevo stores in the Kaliningrad region, two distribution centers and the CASH hypermarket in Kaliningrad. Read more here.

Purchase of Tamerlane

On April 11, 2023, it became known about the sale of 100% of Tamerlan to group X5, which owns the Pyaterochka and Perekrestok networks. Its participants did not disclose the financial terms of the transaction. Read more here.

2022

Recognition as the largest importer of alcohol in Russia

In January-March X5 Group 2022, she imported Russia 21.6 million liters of wine, which is 31% more compared to the same period in 2021. The volume of all alcoholic beverages imported by the group reached 24 million liters. The retailer has become the largest importer of alcohol in the Russian Federation, writes "" in the Kommersant issue of November 7, 2022. More. here

Entering the market of the Far East, investing 10 billion rubles in this

X5 Group has entered into a cooperation agreement with the Far East and Arctic Development Corporation (KRDV), which implies the start of the retailer's operating activities in the Far Eastern Federal District (Far Eastern Federal District). The press service of X5 announced this on September 6, 2022.

The parties to the agreement agreed to unite efforts to develop the food market in the Far Eastern Federal District. Participants will determine the list of measures necessary for the outlet of the retail network in the Far Eastern Federal District, including the need for infrastructure (electricity, land plots for the RC) and logistics (access roads for railway and vehicles).

X5 enters the market of the Far East

Based on the results of a comprehensive analysis, X5 Group will assess the opportunities for the development of a modern retail retail network in the Far Eastern Federal District. Investments in the creation of distribution centers and stores in the Far Eastern Federal District can amount to 10 billion rubles.

The agreement with the Far East and Arctic Development Corporation marks the beginning of a large-scale project to expand the geography of X5 to the East and enter the Far Eastern Federal District. Together with the corporation, we will assess infrastructure needs and search for land plots on which logistics centers can be deployed, after which we will decide on the investment necessary to enter the region, "said Ekaterina Lobacheva, President of X5 Group.

On the air of the RBC TV channel, Lobacheva said that among the regions of the Far East, Primorsky, Khabarovsk and Trans-Baikal Territories, as well as the Amur Region, are considered potential for exit. She suggested that in 2023 about a hundred near-home stores will be opened. Asked if the retailer would open stores on its own or through M&A deals, she said the company was "looking at different options."^[1]

X5 bought stores of the Finnish chain Prisma, which left Russia

On June 16, 2022, X5 Group announced the acquisition of stores of the Finnish Prisma chain, which left Russia. The Federal Antimonopoly Service (FAS) has already approved the corresponding petition of the Russian retailer. At the same time, the financial terms of the agreement were not disclosed. Read more here.

TAdviser interview with Ruslan Akhmedov, Director of Client Analytics Development Department

Ruslan Akhmedov, Director of the Client Analytics Development Department, X5 Group, answered TAdviser's questions on a unique X5ID service creation project for the Russian market in May 2022. Read more here.

2021

Creation of a company for the development of "X5 Bank"

In mid-November 2021, it became known about the creation of Kh5 Financial Decisions LLC. This is a joint venture (JV) between retailer X5 Group and Alfa-Bank, registered for the development of the Kh5 Bank financial service - a payment system that will be built into all business applications of Kh5 Group services. Read more here.

TAdviser interview with product owner Gleb Kataev

X5 Group has developed an information system based on the Camunda BPM platform that automates the management of the anti-fraud and anti-corruption function within the company. The owner of the product, Gleb Kataev and Martynyuk Mstislav, General Director of the Reyuniko company, which is the executor of this project, talk about the business goals of implementation, the features of the solution itself and its implementation. Read more here.

Launch of the network of "hard discounters" "Chizhik"

In early June 2021, X5 Group announced the development of the Chizhik discounter chain. 10 points were launched, and by the end of 2021 it is planned to open 45. Read more here.

Name change to X5 Group

On May 18, 2021, X5 Retail Group announced a rebranding, in which the company changes its name (to X5 Group) and logo. The corporate style update is timed to coincide with the 15th anniversary of the retailer and is associated with its desire to go "beyond food retail" and cover "various digital services in the food market and related areas."

The rebranding will take place in stages until the end of 2021, it will begin with a corporate brand and will further affect all business areas and B2B products, the company noted.

X5 Retail Group changes name to X5 Group

According to the X5 statement, the strict orange arrow was replaced by a green leaf in the new logo, symbolizing freshness, health, environmental care, the company said. The new logo was proposed by the branding agency LINII, which was also engaged in the brands of Rosgosstrakh, Eldorado and the Coffee House coffee chain.

The leaflet seems to carefully shelter the letters X5, linking the letters of the name and the symbol into a single whole, but at the same time the sign itself looks very dynamic and modern. A new sign is about leadership, an environmentally friendly approach to business and sustainable development, - said the creative director and founder of LINII Mikhail Gubergritz.

Earlier in 2021, the supervisory board of X5 Retail Group approved a sustainability strategy. The program is based on four global sustainable development goals, for which the company can make the most significant contribution. One of them is the promotion of responsible consumption and use of resources, for which the company approved plans for 2030. They include a 30% reduction in greenhouse gas emissions, a 30% reduction in waste generation ratio, the use of 30% renewable energy in its own operating processes, etc. In addition, the retailer plans to achieve carbon neutrality by 2050.^[2]

Buying the Many Salmon Food Tech Project

On April 12, 2021, X5 Retail Group announced the purchase of the Many Salmon food tech project. The company did not disclose the financial terms of the transaction. Read more here.

Launch of the Innovation in Retail program together with the Higher School of Economics

On February 18, 2020, X5 Retail Group announced that, together with the Higher School of Business of the National Research University "Higher School of Economics," they entered into a strategic agreement on long-term cooperation in the field of education. At the first stage of the partnership, a joint application program "Innovations in Retail" will be launched for students at the Higher School of Economics and other universities. Read more here.

2020

X5 Retail Group and Sovcombank divided the Halva postamate project and ceased to cooperate

On October 12, 2020, it became known about the decision of X5 Retail Group and Sovcombank to stop cooperation on the Halva network of checkpoints: the operating company and software will be transferred to the bank, and the retailer will reserve some of the checkpoints. Read more here.

60% of office employees switch to remote and combined work

On August 5, 2020, X5 Retail Group announced the transfer of 60% of its office employees to remote and combined work. Almost half of them (46%) will be able to work from home 1-3 days a week, the rest will either go to permanent work from home, or will be able to come to the office once a week.

The retailer promises to maintain all conditions of remuneration, benefits and compensation, regardless of the chosen format of work. An employee whose activities allow such a regime will be able to make a decision on a remote work schedule independently and agree with a direct manager, X5 Retail Group said in a statement.

It also says that the introduction of remote work into Kh5 standards will transform the current processes of working with personnel and speed up the digitalization of the company.

More than half of X5 Retail Group's office employees switch to remote and combined work

In addition, the company is a project to transform its offices in Russia into fijital spaces, which involve a combination of digital and physical spaces for work and interaction.

Kh5 offices will become transformational spaces for teamwork. By the beginning of August 2020, about 90% of the area is occupied by jobs and 10% is allocated to communication zones, and after transformation, the ratio should be 60% and 40%, respectively. The updated approach, among other things, will optimize rental costs by abandoning part of the currently occupied space.

The project involves training managers and employees to work in a new format, from holding meetings to evaluating efficiency, integrating new digital solutions: workplace and space booking services, collaboration and communications tools, additional HR services of a wide range, IT tools necessary for the efficient work of employees and teams.^[3]

More than 1000 X5 Retail Group employees infected with COVID-19

In early June 2020, it became known that more than 1000 employees of X5 Retail Group were infected with the COVID-19 coronavirus. This is not so much, given that, according to Igor Shekhterman, Chief Executive Officer of X5 Retail Group, the company employs about 260 thousand people on the front line, who communicate with buyers and suppliers every day.

If a disease is detected in the store, the entire store team is sent to quarantine, - said Igor Shekhterman in an interview with RBC. - Complete disinfection of the premises is carried out with the involvement of specialized organizations. We dispose of all goods that are stored without packaging and bring a new team to work.

Coronavirus forced Kh5 to go for additional costs and reduce pre-crisis spending

According to Igor Shekhterman, the company has prepared dozens of such teams that are ready to replace sick colleagues at any time. At the time of recording the interview , about a quarter of employees recovered among the sick staff of X5 Retail Group.

Coronavirus forced Kh5 to go for additional costs and reduce pre-crisis spending. For example, in March 2020 alone, the retailer spent more than 1 billion rubles on the purchase of masks, thermometers and disinfectants for the work of employees of its stores. Additional funds were directed to charity, special programs for pensioners and doctors.

Additional expenses were also required to increase the number of employees at distribution centers (RCs) due to the increased load on logistics, the organization of isolated work of flows at RCs, and additional personnel in stores and drivers.

The management of the group instructed all divisions to reduce all costs as much as possible. So, Five the reconstruction of shops "at home" "" in all regions, except Moscow and. St. Petersburg Also, due to the coronavirus, the retailer has adjusted plans to open new stores in 2020.^[4]

Former top manager of Yandex.Market became the Chief information officer of X5

On February 4, 2020, it became known about the appointment of Anton Valkov as the new information technology director of X5 Retail Group. Read more here.

2019: Ex-curator of Sberbank's retail business nominated for X5 Supervisory Board

On January 29, 2019, X5 Retail Group nominated Alexander Torbakhov, ex-curator of Sberbank's retail business, as a candidate for joining the group's supervisory board. Read more here.

2017: Expansion of the chain to 11,326 stores

11,326 stores as of September 30, 2017

2016: Managing 7,020 stores

As of December 31, 2015, the Company managed 7,020 stores with leading positions in Moscow and St. Petersburg and a significant presence in the European part of Russia. The chain includes 6,265 Pyaterochka stores, 478 Perekrestok supermarkets, 90 Karusel hypermarket and 187 Express stores. The Company operates 35 distribution centers and 1,561 own trucks in the Russian Federation.

2015: X5 Retail Group acquires Spar chain of stores

Шаблон:Main 'Spar

2011

Updating the command

As of June 30, 2011, Chairman of the Board and Chief Executive Officer of X5 Retail Group N.V. - Andrey Gusev.

After the change of CEO Kh5 in the spring of 2011, about a dozen top managers who had worked in the company for from a year to ten years left the company. At the end of July 2011, it was announced that Dmitry Ishevsky was leaving the position of director of logistics and ordering of X5 Retail^[5] products^[5].

On August 5, 2011, the company announced the resignation of Ekaterina Ishevskaya as commercial director and the appointment of Paul Martins, who previously worked for international retail companies Casino Group and Tesco, to this position. Paul Martins took up his duties on August 13, 2011.

Managing 2,683 stores

As of June 30, 2011, the company managed 2,683 stores located in Moscow, St. Petersburg and other regions of the European part of Russia, in the Urals and Ukraine.

The company's multi-format network includes:

• 1,606 soft Five discounter stores,
• 306 supermarkets, Intersection""
• 70 hypermarkets, as well as
• 54 convenience stores and
• 647 acquired Kopeyka stores (including 315 stores rebranded to Pyaterochka and one to Perekrestok).

As of June 30, 2011, the number of franchise stores in Russia was 705.

2010: Takeover of the Kopeyka chain

• In 2010, the company acquired the Kopeyka network of discounters.
• The project "Store of the Future" was announced by the head of Rusnano Anatoly Chubais in the fall of 2010. For 5 years, it was supposed to create a network of stores throughout Russia equipped with RFID tag readers. This would eliminate the need for customers to lay out products from reading carts at the checkout. It was planned to open stores on the basis of the X5 holding (combines the Perekrestok, Kopeyka, Pyaterochka and Karusel chains), Sitronics was supposed to become the supplier of the technological platform. He was also supposed to produce chips for RFID tags at an enterprise launched jointly with Rusnano using 90 nm technology.

2009

At the end of 2009, the company's shareholders were: Alfa Group - 47.9%, the founders of Pyaterochka - 23.1%, the company's management - 1.9%, Treasury GDRs (Treasury Stock) - 0.1%; 27.0% of shares in the form of GDR are in free float.

2006-2008

On May 18, 2006, Pyaterochka and Perekrestok merged to create a leading company in the grocery retail market. Russia

On June 26, 2008, X5 completed the acquisition of the Karusel hypermarket chain, thereby significantly strengthening its position in the hypermarket format.

Notes