March 29, 2018 / 2:17 PM / 23 days ago

Russia's X5 says net retail sales up 20 pct y/y so far in 2018

MOSCOW, March 29 (Reuters) - Russian food retailer X5 Retail Group said on Thursday its net retail revenue has risen 20 percent in year-on-year terms since the beginning of the year.

Like-for-like sales were up 0.5 percent compared with the first quarter of last year, the company’s Chief Financial Officer Svetlana Demyashkevich told analysts on a conference call. (Reporting by Maria Kiselyova and Olga Sichkar; editing by Andrey Ostroukh)

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