Trading revenues of JSC “The Seventh Continent” in 2009, compared with 2008 has increased by 12% to 49.077 billion rubles, or $ 1 556 million (43.899 billion rubles in 2008).
Trading revenues of JSC “The Seventh Continent” for December 2009 increased by 17% in ruble terms and amounted to 5 664 million rubles. The growth of regional sales for December up 13% in ruble terms, the report said retailers.
increase the average purchase in the shops of the company in 2009 to a figure comparable to 2008 amounted to 0,6%. The number of buyers in the shops of the company increased by 11%. Revenue growth for comparable stores (LFL) for 2009 in ruble terms was 4.2%.
At the end of 2009 compared to 2008, the trading area of shops JSC “The Seventh Continent” ( “The Seventh Continent”, “Our Hypermarket”, and “Open space”) increased by 7% and amounted to 184,0 thousand square meters. m.
In December 2009 the company opened 1 store supermarket format “Seventh Continent - Next to the house” in Moscow. Since early 2009 the company opened 5 new stores, including 2 hypermarkets. The total trade area of open shops was 18,6 thousand square meters. meters. At the end of December 2009 a chain of stores the company has 142 stores, including 132 supermarkets and 10 hypermarkets.
company”s development plans for 2010 include the opening of the 3-format stores, hypermarket, including in the new company to Vologda and Kaluga regions, and an 11-store format “supermarket” in the Moscow region. Opening stores format “hypermarket” will be held in Vologda, Obninsk, Reutov.
Trading revenue “Seventh Continent” in 2009 rose 12% to 49 billion rubles
Trading revenues of JSC “The Seventh Continent” in 2009, compared with 2008 has increased by 12% to 49.077 billion rubles, or $ 1 556 million (43.899 billion rubles in 2008).
Trading revenues of JSC “The Seventh Continent” for December 2009 increased by 17% in ruble terms and amounted to 5 664 million rubles. The growth of regional sales for December up 13% in ruble terms, the report said retailers.
increase the average purchase in the shops of the company in 2009 to a figure comparable to 2008 amounted to 0,6%. The number of buyers in the shops of the company increased by 11%. Revenue growth for comparable stores (LFL) for 2009 in ruble terms was 4.2%.
At the end of 2009 compared to 2008, the trading area of shops JSC “The Seventh Continent” ( “The Seventh Continent”, “Our Hypermarket”, and “Open space”) increased by 7% and amounted to 184,0 thousand square meters. m.
In December 2009 the company opened 1 store supermarket format “Seventh Continent - Next to the house” in Moscow. Since early 2009 the company opened 5 new stores, including 2 hypermarkets. The total trade area of open shops was 18,6 thousand square meters. meters. At the end of December 2009 a chain of stores the company has 142 stores, including 132 supermarkets and 10 hypermarkets.
company”s development plans for 2010 include the opening of the 3-format stores, hypermarket, including in the new company to Vologda and Kaluga regions, and an 11-store format “supermarket” in the Moscow region. Opening stores format “hypermarket” will be held in Vologda, Obninsk, Reutov.
By entering new areas and further work on the operating efficiency, the company intends to significantly increase cash flow and reduce debt burden, the report said JSC “The Seventh Continent”. According to the management accounts as at 31.12.2009 the company”s consolidated debt amounted to 8.8 billion rubles.
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