Russian food retailer X5 beat profit forecast, though Q1 earnings fall
date:May 22, 2013
id the weighted average effective interest rate on its debt increased to 8.8 percent from 8.5 percent for the first quarter of 2012.

On the operating side, the company also beat forecasts, posting a 3.7 percent rise in earnings before interest, taxation, depreciation and amortisation (EBITDA) to $284.2 million, ahead of a $281.4 million forecast.

The EBITDA margin fell to 6.8 percent from 7.1 percent, but was slightly better than the 6.7 percent expected.

X5, just under 50 percent owned by Ru
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07/20 19:23