date:Apr 27, 2013
the cost of integrating Victoria, slid to 5.5 percent in the fourth quarter from 6.6 percent a year earlier.
Dixy had 1,544 stores at the end of March. Including those opened after January 2012, sales rose 21.9 percent year-on-year to 42.3 billion roubles ($1.36 billion) in the first three months of this year.
Dixy increased its borrowings last year to refinance debt it had raised to buy Victoria. Its financing costs jumped 77.2 percent in the fourth quarter to 810 million roubles.