date:Nov 14, 2013
Russian food retailer X5 Retail Group released the Companys condensed consolidated interim financial information for the three (Q3) and nine months (9M) ended 30 September 2013.
Net sales in Q3 and 9M 2013, reported in U.S. Dollars (USD), increased by 4.3% and 5.9% yearon-year (y-o-y), respectively, which differs from the reported increase in Russian Rouble (RUR) terms due to exchange rate differences between the RUR, X5s operational currency, and the USD, the Companys presentation currency.
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