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