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Russia's X5 sees FY revenue growth at more than 10% in 2022

Wed, 27th Oct 2021 14:32

MOSCOW, Oct 27 (Reuters) - Russian food retailer X5
sees full-year revenue growth at more than 10% in 2022, the
company said in a presentation at its capital markets day on
Wednesday, and will pay dividends in 2022 at no less than 2021
levels.

The retailer, which reported a 55.9% year-on-year jump in
third-quarter net profit on Tuesday, said the growth rate of its
capital expenditure would be lower than the revenue growth rate
in 2022.
(Reporting by Alexander Marrow
Editing by Katya Golubkova)

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