Russian grocery retailer Seventh Continent posted RUB1.2bn (USD39.61m) net income for 2009, a flat result compared to 2008

However, the company booked a 12% increase in audited net sales to reach RUB44.6bn, up on the RUB39.9bn it reported in 2008.

EBITDA improved on the previous year to RUB4.1bn, up on the RUB4bn it posted in 2008.

Operating profit reached RUB3bn, an increase on the RUB2.8bn in posted for 2008, with operating margin reaching 7%.

 

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