O`KEY GROUP PUBLISHES ANNUAL REPORT FOR 2023

22 April 2024
 

O`KEY GROUP PUBLISHES ANNUAL REPORT FOR 2023

O`KEY GROUP S.A. (AIX, MOEX, LSE: OKEY, the “Group” or the “Company”), one of Russia’s leading food retailers, has published its Annual Report and Audited Consolidated Financial Statements for the year ended 31 December 2023.

O`KEY Group informs that it has published an Annual Report and Consolidated Financial Statements prepared in accordance with IFRS, including Independent Auditor’s Report for the year ended 31 December 2023.

The Group’s Annual Report for the year of 2023 is available at https://okeygroup.lu/investors/annual-reports/.

The audited consolidated financial statements for the financial year ended 31 December 2023 are available at https://okeygroup.lu/investors/result-center/ifrs-statements/.

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ABOUT O`KEY GROUP

O`KEY Group S.A. (AIX, MOEX, LSE: OKEY) is one of the leading grocery retailers in Russia, operating hypermarkets under the O`KEY brand and discounters under the DA! brand.

As of 31 December 2023, the Group operated 297 stores across Russia (77 hypermarkets and 220 discounters) with a total selling space of 663,865 sq m. O`KEY opened its first hypermarket in St Petersburg in 2002 and has since demonstrated continuous growth. It was the first Russian food retailer to launch e-commerce operations offering a full range of hypermarket products for home delivery. The Group operates e-commerce pick-up and delivery points in 36 O’KEY hypermarkets: twelve in Moscow, nineteen in St Petersburg, one in Sochi, and four in Krasnodar. In 2015, we launched the first discount chain in Russia under the DA! brand. The Group operates five distribution centres in Russia – three in Moscow and two in St Petersburg – and employs 19,200 people.

In 2023, the Group’s revenue amounted to RUB 207.9 bn, and EBITDA stood at RUB 17.0 bn.

The O`KEY Group shareholder structure is as follows: NISEMAX Co Ltd – 49.11%. GSU Ltd – 34.14%, free-float and other holders – 16.75%.

DISCLAIMER

These materials contain statements about future events and expectations that are forward-looking statements. These statements typically include words such as ‘expects’ and ‘anticipates’ and words of similar import. Any statement in these materials that is not a statement of historical fact is a forward-looking statement that involves known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.

None of the future projections, expectations, estimates or prospects in this announcement should be taken as forecasts or promises, nor should they be taken as implying any indication, assurance or guarantee that the assumptions on which such future projections, expectations, estimates or prospects have been prepared are correct or exhaustive or, in the case of the assumptions, fully stated in this announcement. We assume no obligations to update the forward-looking statements contained herein to reflect actual results, changes in assumptions or changes in factors affecting these statements.