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Russia's X5 retail group says Q3 net income up 49%

Russian supermarket operator X5 Retail Group NV said on Wednesday its third-quarter net profit rose 49 percent, year-on-year, to 3.42 billion roubles ($80.6 million).

The company also reported a 21.5 percent increase in earnings before interest, taxation, depreciation and amortisation (EBITDA) to 11.17 billion roubles and an EBITDA margin of 7.3 percent compared to 7.4 percent a year earlier. (1 US dollar = 42.4500 Russian rouble).

Source: reuters.com
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