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O'KEY Group S.A.: O'KEY Group opened 19 DA! discounters during 2018, 6 discounters were opened in December

Dow Jones received a payment from EQS/DGAP to publish this press release.

O'KEY Group S.A. (OKEY) 
O'KEY Group S.A.: O'KEY Group opened 19 DA! discounters during 2018, 6 
discounters were opened in December 
 
14-Jan-2019 / 10:08 CET/CEST 
Dissemination of a Regulatory Announcement, transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
 
Press Release 
 
14 January 2019 
 
             O'KEY GROUP OPENED 19 DA! DISCOUNTERS DURING 2018, 
                   6 DISCOUNTERS WERE OPENED IN DECEMBER 
 
   O'KEY Group S.A. (LSE: OKEY, RAEX - 'ruA-'), announces the opening of six 
new discounters under the DA! brand in December last year, in the Moscow and 
                                                               Tula Regions. 
 
           All materials published by the Group are available on its website 
                                                   www.okeyinvestors.ru [1]. 
 
      At the beginning of December, a new DA! store was opened in Dmitrovsky 
          District (Moscow Region), on 13 December two stores were opened in 
 Elektrogorsk (Moscow Region) and at Odoevsky Avenue in Tula, and three more 
     stores were opened on 20 December at Novomoskovskoye Avenue in Tula, in 
                                              Mytischi, and in Naro-Fominsk. 
 
       The development of discounters under the DA! brand is one of the main 
  priorities of the O'KEY Group. Since the launch of the first discounter in 
       2015, this format has shown a continuing improvement in its financial 
 performance. With the opening of 19 new DA! stores during 2018, the Group's 
                                 discounters' chain now comprises 82 stores. 
 
     This rapid rate of store openings is in line with the Group's strategic 
                       objective to actively expand the discounters' format. 
 
OVERVIEW 
 
O'KEY Group S.A. (LSE: OKEY, RAEX - 'ruA-') operates under two main formats: 
 hypermarkets, under the 'O'KEY' brand and discounters, under the DA! brand. 
 
     The Group operates 159 stores across Russia. The Group opened its first 
 hypermarket in St. Petersburg in 2002 and has since demonstrated continuous 
      growth. O'KEY was the first among Russian food retailers to launch and 
        actively develop e-commerce operations in St. Petersburg and Moscow, 
  offering a full range of hypermarket products for home delivery. The Group 
           operates four distribution centres across the Russian Federation. 
 
   For the full year 2017, revenue totalled RUB 177,454,848 thousand, EBITDA 
  reached RUB 9,334,993 thousand, and the net income for the period amounted 
                                                  to RUB 3,166,913 thousand. 
 
 The O'KEY shareholder structure is as follows: NISEMAX Co Ltd - 50.95%, GSU 
                                          Ltd - 29.52%, free float - 19.53%. 
 
DISCLAIMER 
 
These materials contain statements about future events and expectations that 
    are forward-looking statements. These statements typically contain words 
        such as 'expects' and 'anticipates' and words of similar import. Any 
statement in these materials that is not a statement of historical fact is a 
            forward-looking statement that involves known and unknown risks, 
         uncertainties and other factors which may cause our actual results, 
      performance or achievements to be materially different from any future 
           results, performance or achievements expressed or implied by such 
                                                 forward-looking statements. 
 
None of the future projections, expectations, estimates or prospects in this 
    announcement should be taken as forecasts or promises nor should they be 
           taken as implying any indication, assurance or guarantee that the 
    assumptions on which such future projections, expectations, estimates or 
   prospects have been prepared are correct or exhaustive or, in the case of 
the assumptions, fully stated in this announcement. We assume no obligations 
 to update the forward-looking statements contained herein to reflect actual 
       results, changes in assumptions or changes in factors affecting these 
                                                                 statements. 
 
                                     For further information please contact: 
 
Veronika Kryachko 
 
Head of Investor Relations 
 
+7 495 663 6677 ext. 404 
 
Veronika.Kryachko@okmarket.ru 
 
                                                    www.okeyinvestors.ru [1] 
 
ISIN:          US6708662019 
Category Code: MSCM 
TIDM:          OKEY 
LEI Code:      213800133YYU23T4L791 
Sequence No.:  7152 
EQS News ID:   765635 
 
End of Announcement EQS News Service 
 
 
1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=84b74359656d56d98d524fc5103bc088&application_id=765635&site_id=vwd&application_name=news 
 

(END) Dow Jones Newswires

January 14, 2019 04:09 ET (09:09 GMT)

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