date:Nov 14, 2013
n Q3 and 9M 2013, X5s net sales in RUR terms grew by 7.0% and 7.7% y-o-y, respectively, primarily due to an increase in net retail sales resulting from organic store additions, price inflation and the positive performance of maturing stores added over the past two years.
The Companys gross profit margin in Q3 and 9M 2013 amounted to 25.1% and 24.4%, respectively, a 225 basis point (bp) and 98 bp increase compared to Q3 and 9M 2012, respectively. The increase in both periods was primarily due t