Overview
History
2012
M.video sales increased by almost 20% to 158 billion Russian rubles (RUB), including VAT in FY 2012. Growth in revenue was mainly driven by M.video's opening of 42 stores, 9.3% increase in like-for-like stores sales including a 60% increase in online sales. The Group's gross profit increased by 20% to 33 billion RUB in 2012 (27.5 billion RUB in 2011) or as a % of revenue reached 24.7% (24.6% in 2011).2013
M.video opened 40 new stores in 2013 (17 new stores in Q4 2013), while closing 3 stores. The total number of the Company's outlets reached 333 stores as of 31 December 2013 located in 144 cities of Russia. The selling space of M.video stores amounted to 582,500 sq. m, while the total space amounted to 785,000 sq. m as of 31 December 2013, demonstrating an 8.5% increase compared to FY 2012 results.References
External links
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