
Lenta announced key operating and financial results for the second quarter and first half of 2024.
Photo: Krykova O./Retail.ru
The results include indicators of the retailer "Monetka" from October 2, 2023. The company's sales increased by 59.7% year-on-year to RUB 211.6 billion. Retail sales amounted to RUB 209.9 billion, an increase of 62.0% year-on-year.
Like-for-like sales (LFL) increased by 14.6% amid growth in LFL average ticket by 9.1% and traffic by 5.1%. Online sales grew by 29.7% year-on-year to RUB 15.4 billion.
The group opened (including closures) 186 convenience stores, 1 hypermarket, 3 supermarkets and 8 Vingarage stores.
The retailer's total trading area increased by 33.3% and amounted to 2,358 thousand square meters. m. EBITDA in the reporting period increased almost 2.8 times and reached 16.7 billion rubles. Profitability on the indicator increased to 7.9% from 4.5%.
Lenta installed the first eco-box made from recycled pet food packaging