Lenta Reports Retail Sales Growth of 5.7% in Q4 and 7.3% in FY 2020 FY 2020 Highlights • In FY 2020, Retail Sales increased by 7.3% to RUB 438 billion despite changing customer behavior. This increase was mainly driven by an 11.6% rise in Average Ticket for both Hypermarkets and Supermarkets and partially offset by a 3.9% decrease in the Number of Tickets • LFL Sales growth remained strong at 5.4% in FY 2020 with Average Ticket growth of 11.6% and customer Traffic decline of 5.5% • Lenta continued developing its online services, and by the end of 2020, the company s online services were available in 88 Russian cities compared to 27 cities a year earlier. As a result, Online Sales and Online Orders grew by 566% and 716% respectively, to RUB 6.3 billion and 3.2 million orders
Lenta Announces Management Changes St. Petersburg, Russia, 21 January 2021: Lenta PLC (MOEX & LSE: LNTA), one of the largest retail chains in Russia, today announces changes to its senior management team and the organizational structure of the company, effective January 25th. To support the new strategy of the company, Lenta management has taken the decision to introduce organizational changes. Two new structural units have been established: the Commercial and Marketing Department and the Strategy and Transformation Department. The responsibilities of the Commercial and Marketing Department will include category management, procurement and sourcing, private label portfolio development, and the continuous improvement of the customer experience across all of Lenta s formats, as well as, relevant marketing support.
About Lenta Lenta is the largest hypermarket chain in the Russian Federation and the fourth largest food retailer. The Company was founded in 1993 in St. Petersburg and as of December 31, 2020 operated 254 hypermarkets and 139 supermarkets in 88 cities across Russia with more than 1.5 million square meters of Selling Space. The average Lenta hypermarket has approximately 5,500 square meters of selling space, while the Lenta supermarket averages 800 square meters. The company operates 13 distribution centers throughout Russia. Lenta is listed on both the London Stock Exchange and Moscow Exchange, trading under the ticker: LNTA .
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