18 April 2012
O'KEY GROUP TO RELEASE 2011 FULL YEAR FINANCIAL RESULTS ON APRIL 24, 2012
O'Key Group S.A., ("O'Key Group", "the Group" or "the Company"), announces today that it will host a conference call for investors and analysts at 2:00 PM UK time and 5.00 PM Moscow time on Tuesday, April 24, 2012 to review its consolidated financial results for the full year 2011.
O'Key's full year 2011 financial results press release will be published around 11:00 AM UK time and 2.00 PM Moscow time on April 24, 2012.
All related materials will be published on the "Investors" section of the company's website at http://www.okmarket.ru/en/investors.
The conference call details will be distributed in due course via O'Key Group's investor and analyst mailing list and posted on the O'Key's website under "Investors/Meetings and Conferences" section. To subscribe to O'Key Group's investor and analyst mailing list, please fill in our subscription form at Application Form.
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COMPANY OVERVIEW
"O'KEY" is one of the largest retail chains in Russia. Its primary retail format is the modern Western European hypermarket under the "O'KEY" brand, complemented by "O'KEY - Express" supermarkets.
The Company opened its first hypermarket in St. Petersburg in 2002 and has demonstrated continuous growth ever since. As at 31 December 2011, O'KEY operated 71 stores in 17 cities across Russia: 42 hypermarkets with an aggregate selling space of approximately 308,000 square meters and 29 supermarkets with an aggregate trading space of approximately 38,000 square meters. As of 31 December 2011 OKEY employed more than 19,000 people.
In accordance with the unaudited consolidated financial statements for 1H 2011, O'KEY's revenue was RUR 42,798 million, like-for-like revenue growth rate was 4.8% and its EBITDA margin was 6.5%.
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For further information please contact:
Maksim Kravtsov
Head of Investor Relations
Num. +7(495)6636677, ext. 220
E-mail: ir@okmarket.ru
This information is provided by RNS