Russian retailer Dixy Group has posted a 15% increase in revenue during the first nine months of the year.

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The company said that total revenues for the period to 30 September rose to RUB39.61bn (US$1.37bn).


Retail revenue at Dixy totalled RUB33.1bn, up 12.6%, while the group’s Megamart discount format saw sales jump 28.7% to RUB4.48bn.


However, the weakness of the Russian ruble has left the company facing a 15% decline in sales in dollar terms.

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