Events
JSC “The Seventh Continent” July 2009 trade sales increased 12.4% YoY.
JSC "The Seventh Continent" (further referred to as the Company) July 2009 trade sales in ruble terms increased 12.4% YoY.
Based on management accounts the Company's July 2009 gross retail sales reached 3 872 mn. rubles or USD 123 mn, for 7M 2009 gross retail sales reached 27 625 mn. rubles or USD 842 mn.
As of the end of July 2009 the selling space of the Company's stores under the brands "The Seventh Continent" (supermarkets), "Nash Hypermarket" ("Our Hypermarket") and "Prostore" accounts for 177.2 th. sq. m. and increased 5% compared with the same period of 2008.
JSC "The Seventh Continent" July 2009 trade sales increased 12.4% YoY.
About the Company:
JSC "The Seventh Continent" was established in 1994 and today is an international retail chain and one of the leading Russian national chains. The Company operates in two major formats: supermarkets and hypermarkets. As of the end of July 2009 the Company has stores in Moscow and Moscow region (120 supermarkets and 4 hypermarkets), in Kaliningrad region (10 supermarkets), in Ryazan (1 hypermarket), Chelyabinsk (1 hypermarket) in Minsk, Belorussia (1 hypermarket), in Perm (1 supermarket and 1 hypermarket) and in Yaroslavl (1 hypermarket).
According to the audited financial statements, prepared in accordance with International Financial Reporting Standards, in 2007 total revenues of the Company were USD 1 272.9 mn., net income USD 99.2 mn.
For further information please contact us:
- www.7cont.ru
- tel.: +7(495) 933-43-63, ext. 35 31,
e-mail: pressa@7cont.ru,