X5 Retail Group

from Wikipedia, the free encyclopedia
X5 Retail Group
legal form Open joint-stock company (Russia)
founding 2006
Seat Moscow , Russia Russia
RussiaRussia 
management Stephan DuCharme, Igor Schechterman
Number of employees 307 444 (2019)
sales 1 734 billion rubles (2019)
Website x5.ru

X5 Retail Group is one of the leading Russian multi-format food retailers . The group manages the supermarkets of several retail chains: " Pyatjorochka " neighborhood stores , " Perekrjostok " supermarkets and " Carousel " hypermarkets .

The company's shares are listed as depository receipts on the London Stock Exchange (LSE) and the Moscow Stock Exchange (MCX).

Moscow neighborhood store " Pyatjorochka " in the new concept of 2019, exterior view

history

The company was founded in 2006 through the merger of the retail chains "Pjatjorochka" and "Perekrjostok". During the merger, the combined company was given the option to purchase the “Karussell” hypermarket chain and implemented this option in 2008.

The other largest purchases include over 660 “ Kopeika ” stores in 2010.

Shareholder structure

The shareholder structure of X5 is as follows: CTF Holdings SA (a structure of Alfa Group ) owns 47.86%, Intertrust Trustees Ltd (Axon Trust) 11.43%, the directors of X5 0.06%, treasury shares are 0, 01%, and shareholders with shares below 3% own 40.63% of the shares.

Managing directors

In 2015, Stephan DuCharme took over the management of the X5 supervisory board, who had already been an independent director on the supervisory board from 2008–2012 before he assumed the position of managing director.

Igor Shekhterman has held the position of Managing Director since November 2015.

Retail chains

Moscow supermarket " Perekrjostok " in the new concept of 2020, exterior view

"Pyatjorochka"

"Pjatjorochka" is about a retail chain with grocery stores in the "neighborhood shop" format. The chain's 12,000th store opened in 2018.

"Perekrjostok"

"Perekrjostok" is a retail chain with grocery stores in supermarket format. This chain is the largest in Russia. The chain’s 600th supermarket opened in October 2017.

"Carousel"

The “Carousel” retail chain includes grocery stores in hypermarket format. As of December 31, 2019, this chain had 91 hypermarkets.

activity

Financial and operational indicators

As of December 31, 2019, the company managed 16,297 stores, including 15,354 "Pyatjorotschka" stores, 852 "Perekrjostok" supermarkets and 91 "Karussell" hypermarkets.

The most important financial metrics
Key figure / year 2013 2014 2015 2016 2017 2018 2019
Proceeds , million rubles   534 560   633 873   808 818   1 033 667   1 295 008   1,532,537   1,734,347
Gross profit , million rubles   130 348   154 982   198 390   249 985   308 938   369 720   425 798
Gross profitability,%   24.4   24.5 24.5   24.2   23.9   24.1   24.6
EBITDA , million rubles   38 350   45 860   55 233   76 267   96 193   107 628   122 585
EBITDA profitability ,%   7.2 7.2   6.8   7.4 7.4   7.0   7.1
Operating profit , million rubles   25 296   28 288   34 449   45 631   57 758   58 154   60 251
Operating profitability ,%   4.7   4.5   4.3   4.4   4.5   3.8   3.5
Net profit, million rubles   10 984   12 691   14 174   22 291   31 394   28 642   25 908
Profitability of Net Income,%   2.1   2.0   1.8   2.2   2.4   1.9   1.5
Number of stores (as of December 31 of the year)
Retail chains / year 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
Pyatyorochka 848   1 039   1,392   2 525   3 220   3 882   4,789   6 265   8 363   11 225   13 522   15 354
Kopeika - - 660 - - - - - - - - -
Perekrestok 207   275   301   330   370   390   403   478   539   638   760   852
carousel 46   58   71   77   78   83   82   90   91   93   94   91
Convenience Shop Express - - 45   70   134   189   209   187   194   165   55 -

Partnership projects

Hypermarket carousel in the new concept of 2018 in Saint Petersburg, exterior view

The program for the acquisition of sub-tenants for X5's stores was launched in 2013: at the end of 2017, 5,500 private companies opened over 29,000 of their own sales outlets on the chains' premises. Most partners develop their business in cooperation with "Pyatjorotschka" retail chain: 5,000 sub-tenants occupy a total of 8% of the entire retail space of this chain, including over 3,000 farmers, small and medium-sized companies that provide food, goods for children or various services in the back check area as well offer within the stores in shop-in-shop format.

logistics

The strategic project for the separation of the logistics for the retail chain from Х5 to supply “neighborhood shops” and separate supplies for supermarkets and hypermarkets began in 2013.

As of December 31, 2019, Х5 was managing 42 distribution centers with a total area of ​​1.1 million square meters - 30 of which are responsible for “Pyatjorochka” retail chains and 12 for large-format retail chains such as “Perekrjostok” and “Karussell”.

X5 Retail Group's vehicle fleet consists of 4,124 of its own trucks (as of December 31, 2019).

Web links

Individual evidence

  1. ↑ a b Annual Report 2019 (PDF version). X5 Retail Group, accessed April 18, 2020 .
  2. ↑ a b X5 reports 13.2% revenue growth in 2019. X5 Retail Group, accessed on April 18, 2020 (English).
  3. ↑ X5 overtakes Magnit as Russia's No.1 retailer by sales. In: Reuters News Agency. Thomson Reuters, January 24, 2017, accessed June 17, 2018 .
  4. ^ X5 announces start of listing of its global depositary receipts on Moscow Exchange. London Stock Exchange plc, accessed June 17, 2018 .
  5. ↑ Company Overview of Pyaterochka Holding NV Bloomberg LP, accessed on June 17, 2018 .
  6. ↑ X5 to buy Kopeyka. TV-Novosti, accessed on June 17, 2018 .
  7. ↑ Consolidation to unfold across Russian retail sector. TV-Novosti, accessed on June 17, 2018 .
  8. ↑ DuCharme, Stephan. In: reuters.com. Thomson Reuters, December 31, 2014, accessed June 17, 2018 .
  9. ↑ «I didn't come here to make cosmetics» - Stefan DuCharme, CEO of X5 Retail Group. In: «Vedomosti» newspaper. March 25, 2014, accessed on June 17, 2018 (Russian, original title: "Я пришел сюда не заниматься косметикой", - Стефан Дюшарм, исполнительный Group директельный Group директотор XR.
  10. ↑ X5 Retail CEO Stephan DuCharme Resigns Upon Finishing Turnaround. European Supermarket Magazine, September 8, 2015, accessed June 17, 2018 .
  11. ↑ Miloš Ryba: X5 nominates a new CEO. In: retailanalysis.igd.com. The Institute of Grocery Distribution and IGD Services, September 8, 2015, accessed June 17, 2018 .
  12. ↑ X5 Retail Group CEO Stephan DuCharme To Step Down. RTTNews, accessed on June 17, 2018 (English).
  13. ↑ X5 Retail Group releases 2013 Annual Report. X5 Retail Group, accessed June 17, 2018 .
  14. ↑ a b X5 Retail Group releases 2014 Annual Report. X5 Retail Group, accessed June 17, 2018 .
  15. ↑ a b X5 reports 27.6% revenue growth in 2015. X5 Retail Group, accessed on June 17, 2018 (English).
  16. ↑ a b X5 reports 2016 adjusted EBITDA up 33.8% on the back of 27.8% revenue growth. X5 Retail Group, accessed June 17, 2018 .
  17. ↑ a b X5 adjusted EBITDA margin remains stable at 7.7% in 2017. X5 Retail Group, accessed on March 31, 2018 (English).
  18. ↑ X5 adjusted EBITDA margin reached 7.2% in Q4 2018. X5 Retail Group, accessed on April 18, 2020 .
  19. ↑ Annual Report 2008. X5 Retail Group, accessed June 17, 2018 .
  20. ↑ Annual Report 2009. X5 Retail Group, accessed June 17, 2018 .
  21. ↑ Annual Report 2010. X5 Retail Group, accessed June 17, 2018 .
  22. ↑ Annual Report 2011 (online version). X5 Retail Group, accessed June 17, 2018 .
  23. ↑ Annual Report 2012. X5 Retail Group, accessed June 17, 2018 .
  24. ↑ Annual Report 2013. X5 Retail Group, accessed June 17, 2018 .
  25. ↑ Annual Report 2014. X5 Retail Group, accessed June 17, 2018 .
  26. ↑ Annual Report 2015 (online version). X5 Retail Group, accessed June 17, 2018 .
  27. ↑ Annual Report 2016 (online version). X5 Retail Group, accessed June 17, 2018 .
  28. ↑ Annual Report 2017 (online version). X5 Retail Group, accessed June 17, 2018 .
  29. ↑ Annual Report 2018 (PDF version). X5 Retail Group, accessed April 18, 2020 .
  30. ↑ X5 puts up Perekrestok Express for sale. Deutscher Fachverlag GmbH, accessed on June 17, 2018 (English).
  31. ↑ X5 Retail To Sell Perekrestok Express Stores In Moscow. In: esmmagazine.com. European Supermarket Magazine, October 17, 2017, accessed June 17, 2018 .
  32. ↑ 5,5 тысяч партнеров X5 разместили в магазинах компании 29 тысяч торговых точек (5.5 thousand partners X5 have placed 29 thousand sales outlets in the company's stores). Rambler News Service, August 29, 2017, accessed June 17, 2018 (Russian).
  33. ↑ Субарендаторы открыли в магазинах X5 более 29 тысяч точек (lodgers opened more than 29 thousand points in stores X5). Retail.ru, August 29, 2017, accessed June 17, 2018 (Russian).