date:Dec 19, 2013
s 11-months sales to about 161 billion roubles, up 23.6 percent but short of its initial full-year growth target of 25 percent. The company said earlier this month it was unlikely to meet the target as competition in its key markets intensified.
It now expects to increase revenue by around 23.5 percent this year, compared with 21 percent on a pro-forma basis in 2012, and by between 15 and 20 percent next year, CEO Ilya Yakubson said during a recent conference call.