Russian retailer Dixy Q3 net profit more than doubles
Russia's third-largest food retailer Dixy Group said on Thursday its third-quarter net profit rose 1…Russia's third-largest food retailer Dixy Group said on Thursday its third-quarter net profit rose 124 percent, year-on-year, to 628 million roubles ($19 million).
Its earnings before interest, taxation, depreciation and amortisation (EBITDA) grew 39 percent to 2.8 billion roubles, giving a 6.3 percent margin on revenue of 44.2 billion roubles, compared with a 5.6 percent margin the year earlier.