O KEY Group S.A. (LSE, MOEX: OKEY, the Group or the Company ), one of Russia s leading food retailers, today announces its unaudited operating results for the fourth quarter (Q4) and the twelve months (12M) of 2020.
Q4 2020 operating highlights
Group net retail revenue1 rose by 6.0% YoY to RUB 48,939 mln in Q4 2020, mainly as a result of like-for-like (LFL) net retail revenue growth, supported by DA! selling space expansion.
Group LFL net retail revenue increased by 4.2% YoY in Q4 2020, driven by growth in both DA! and O KEY chains.
Net retail revenue at O KEY hypermarkets increased by 1.6% YoY to RUB 41,808 mln in Q4 2020 on the back of a 1.8% YoY LFL net retail revenue growth.