X5 reports 15.5% revenue growth in Q1 2019, adj. EBITDA margin 7.3%X5 Retail Group N.V. ("X5" or the "Company"), a leading Russian food retailer (LSE and MOEX ticker: FIVE), today released its unaudited condensed consolidated interim financial information for the three months ended 31 March 2019 ("Q1"), in accordance with International Financial Reporting Standards as adopted by the European Union.
The impact of the implementation of the IFRS 16 standard on X5 Retail Group's IFRS financial statements is discussed in the 'Effect of IFRS 16 on X5 Retail Group's financial statements' section below.
X5 Retail Group
X5 Retail Group is the leading multi-format food retailer in Russia. X5 shares are listed on the London Stock Echange (LSE) and Moscow Exchange in the form of Global Depositary Receipts under the ticker "FIVE". The Company operates several retail formats, including the chain of conveniently located proximity stores under the Pyaterochka brand, the supermarket chain under the Perekrestok brand, the hypermarket chain under the Karusel brand.