The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksX5 Retail Regulatory News (FIVE)

  • This share is currently suspended. It was suspended at a price of 0.5314

Share Price Information for X5 Retail (FIVE)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.5314
Bid: 0.00
Ask: 0.00
Change: 0.00 (0.00%)
Spread: 0.00 (0.00%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 0.5314
FIVE Live PriceLast checked at -
  • This share is an international stock.

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

X5 Supervisory Board approves ESG strategy to 2025

25 Sep 2023 10:00

RNS Number : 5157N
X5 Retail Group N.V.
25 September 2023
 

X5'S SUPERVISORY BOARD APPROVES SUSTAINABLE DEVELOPMENT STRATEGY TO 2025

Moscow, 25 September 2023 - X5 Group's Supervisory Board has approved an updated Sustainable Development Strategy, setting out the Company's sustainability targets to 2025.

X5 aims to reduce greenhouse gas (GHG) emissions (Scope 1 and 2) by 15%[1] through improved energy efficiency; increase the share of renewable and low-carbon energy used in its operations to 5%; and increase the share of private-label goods that use more environmentally friendly packaging to at least 60% by 2025. The Company also seeks to maintain an Employee Net Promoter Score (eNPS) of at least 40 p.p., increase sales of healthy lifestyle products, and develop its programme to deliver healthy lifestyle lessons for school students.

The updated Strategy places a greater emphasis on social programmes: X5 plans to increase the number of beneficiaries of its food aid projects by 10% annually, scale up its food-sharing initiative, and increase the number of Local Community Centres at its Pyaterochka stores by expanding this programme to more regions. The Strategy's new goals include promoting inclusion through more accessible stores and services.

Metrics to measure the Company's progress towards achieving its targets will also include customer feedback about X5 Group's initiatives.

"X5 not only remains committed to its sustainability agenda but also drives the continuous improvement of its internal processes, launching new projects to meet and exceed its strategic goals. We will report on progress against our 2023 targets next year, but our team has already set itself ambitious new targets. In addition to metrics updates, the Company also updated its sustainability strategy with new goals, such as reducing other indirect (Scope 3) emissions and improving water efficiency. A particular emphasis was placed on social initiatives, which include building inclusion, expanding food aid programmes, promoting healthy diets among school students, and more. And, of course, the Company remains committed to promoting the well-being of its people by focusing on employee engagement, professional development opportunities and workplace safety," said Ekaterina Lobacheva, X5 Group President.

 

 

 

Note to Editors:

X5 Retail Group N.V. (LSE and MOEX: FIVE; Expert RA - ruAAA; ACRA - AAA(RU)) is a leading Russian food retailer. The Company operates proximity stores under the Pyaterochka brand, Perekrestok supermarkets and Chizhik hard discounters. X5 provides an omnichannel experience to its customers, integrating retail stores and e-commerce through its businesses Vprok.ru, 5Post and Mnogo Lososya.

As of 30 June 2023, X5 had 22,682 Company-operated stores. It has the leading market position in both Moscow and St Petersburg, as well as a significant presence in the European part of Russia and a growing presence in the Russian Far East. Its store base includes 20,248 Pyaterochka proximity stores, 956 Perekrestok supermarkets, 809 Chizhik hard discounters and 596 Krasny Yar and Slata stores. The Company operates 59 DCs and 4,604 Company-owned trucks across the Russian Federation.

X5 is one of the largest employers in Russia. The Company employs over 358 thousand people.

For the full year 2022, revenue totalled RUB 2,605,232 million (USD 38,005 million*), EBITDA pre-IFRS 16 reached RUB 186,788 million (USD 2,725 million*), and net profit pre-IFRS 16 for the period amounted to RUB 52,248 million (USD 762 million*). In H1 2023, revenue totalled RUB 1,468,407 million (USD 19,095 million**), adjusted EBITDA pre-IFRS 16 reached RUB 100,748 million (USD 1,310 million**), and net profit pre-IFRS 16 amounted to RUB 41,661 million (USD 542 million**).

Forward-looking statements

This announcement includes statements that are, or may be deemed to be, "forward-looking statements". These forward-looking statements can be identified by the fact that they do not only relate to historical or current events. Forward-looking statements often use words such as "anticipate", "target", "expect", "estimate", "intend", "expected", "plan", "goal", "believe", or other words of similar meaning.

By their nature, forward-looking statements involve risk and uncertainty because they relate to future events and circumstances, a number of which are beyond X5 Group N.V.'s control. As a result, actual future results may differ materially from the plans, goals and expectations set out in these forward-looking statements.

Any forward-looking statements made by or on behalf of X5 Group N.V. speak only as of the date of this announcement. Save as required by any applicable laws or regulations, X5 Group N.V. undertakes no obligation publicly to release the results of any revisions to any forward-looking statements in this document that may occur due to any change in its expectations or to reflect events or circumstances after the date of this document.

* FX rate: 68.5494 USD/RUB

** FX rate: 76.8996 USD/RUB

For further details please contact:

Polina Ugryumova Head of Corporate Finance and IRTel.: +7 (495) 662-88-88 ext. 13-312e-mail: Polina.Ugryumova@x5.ru

Maria Yazeva Investor Relations OfficerTel.: +7 (495) 662-88-88 ext. 13-147e-mail: Maria.Yazeva@x5.ru

 

 

 

 

[1] Per 1 sqm of selling space compared with 2019.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MSCEAXNSADPDEEA
Date   Source Headline
15th Jun 20118:11 amRNSReplacement: X5 ANNOUNCES PUT OPTION RESULTS
15th Jun 20117:05 amRNSX5 ANNOUNCES PUT OPTION RESULTS
10th Jun 20117:55 amRNSX5 RETAIL GROUP N.V. NOTIFICATION OF TRANSACTIONS
31st May 201111:39 amRNSX5 APPOINTS NEW HR DIRECTOR
26th May 20117:00 amRNSX5 Q1 2011 Financial Results
16th May 20119:08 amRNSX5 ACQUIRES 8.45% STAKE IN A5
9th May 20117:00 amRNSX5 TO HOLD AGM ON 20 JUNE 2011
3rd May 20117:40 amRNSX5 SELLS "IT BUSINESS LLC"
14th Apr 20117:01 amRNSX5 Q4 & FY 2010 Financial Results
8th Apr 20117:00 amRNSX5 Q1 2011 Trading Update
7th Apr 20117:10 amRNSDenial of merger negotiations
16th Mar 201110:12 amRNSX5 Executive Management Changes
10th Mar 20113:57 pmRNSX5 Executive Management Changes
22nd Feb 20111:33 pmRNSResult of EGM
31st Jan 20117:00 amRNSX5 APPOINTS NEW CEO OF IT BUSINESS
19th Jan 20117:08 amRNSX5 Q4 & FY2010 Trading Update
11th Jan 20113:01 pmRNSEGM Statement
23rd Dec 20107:01 amRNSX5 APPOINTS KIERAN BALFE AS CFO
23rd Dec 20107:00 amRNSX5 2011 PRELIMINARY OUTLOOK
15th Dec 20107:00 amRNSX5 COMPLETES ACQUISITION OF KOPEYKA CHAIN
6th Dec 20107:00 amRNSX5 RETAIL GROUP TO ACQUIRE KOPEYKA CHAIN
26th Nov 20107:00 amRNSX5 Q3 & 9M 2010 Financial Results
18th Nov 20107:00 amRNSX5 LAUNCHES NEW FORMAT
11th Oct 20107:00 amRNSX5 Q3 2010 Trading Update
29th Sep 20107:00 amRNSX5 COMPLETES ACQUISITION OF OSTROV
23rd Sep 20109:00 amRNSX5 AND SBERBANK SIGNED A USD 500M CREDIT FACILITY
13th Sep 201012:00 pmRNSX5 ANNOUNCES EARLY REFINANCING OF SYNDICATE LOAN
10th Sep 201011:17 amRNSX5 ANNOUNCES APPOINTMENT OF ACTING CFO
26th Aug 20107:00 amRNSX5 Second Quarter and Half Year 2010 Results
20th Jul 20101:09 pmRNSREGISTRATION OF CORPORATE BONDS
9th Jul 20107:00 amRNSX5 RETAIL GROUP ANNOUNCES CFO TRANSITION
9th Jul 20107:00 amRNSX5 ANNOUNCES PUT OPTION RESULTS
9th Jul 20107:00 amRNSX5 - Q2 2010 Trading Update
28th Jun 20107:00 amRNSX5 RETAIL GROUP REPORTS RESULTS OF THE AGM
25th Jun 20109:00 amRNSX5 RETAIL GROUP N.V. NOTIFICATION OF TRANSACTIONS
16th Jun 20107:00 amRNSREGISTRATION OF EXCHANGE TRADED BONDS
4th Jun 20107:00 amRNSNOTIFICATION OF TRANSACTIONS OF DIRECTORS
2nd Jun 20103:40 pmRNSPrice Monitoring Extension
1st Jun 20107:00 amRNSX5 TO HOLD AGM ON 25 JUNE 2010
27th May 20107:00 amRNSX5 Q1 2010 Financial Results
17th May 20107:00 amRNSX5 INCREASES ITS STAKE IN ONLINE BUSINESS
13th May 20107:00 amRNSX5 REDEEMS PYATEROCHKA-FINANCE BONDS
5th May 20107:00 amRNSX5 gains operational control of Express Retail
15th Apr 20107:00 amRNSX5 2009 Financial Results
9th Apr 20108:31 amRNSNew Appointments
9th Apr 20107:00 amRNSX5 - Q1 2010 Trading Update
30th Mar 20107:00 amRNSDEPOSIT OF 2.6% OF EXISTING SHARES INTO X5 GDR
16th Feb 20103:19 pmRNSS&P Outlook Upgrade
26th Jan 20108:59 amRNSX5 Successfully Completes Pilot Launch of SAP
19th Jan 20107:02 amRNSX5 Q4&FY 2009 Trading Update

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.