Earnings Report /
Russia

X5 Group: 3Q21 IFRS results – MODERATELY POSITIVE

  • X5 (FIVE LI / FIVE RX: O/W; TP $40.4/RUB3,031) reported its 3Q21 financial results

  • 3Q21 revenue grew 11.7% y/y to RUB543.6bn

  • The LTI program accruals was RUB0.9bn in Q3

Evgeniy Kipnis
Evgeniy Kipnis

Senior Banking/Consumer Analyst

Olesya Vorobyeva
Olesya Vorobyeva

Analyst, TMT, Agro and Retail

Alfa
26 October 2021
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