O'KEY Group Reports Increased Net Profit and Revenue Growth in H1 2025

O'KEY Group S.A., a prominent food retailer in Russia, has announced its H1 2025 financial results, revealing a net profit increase. The consolidated interim financial statements under IFRS highlight a 3.8% year-on-year increase in total group revenue, reaching RUB 109.6 billion. This growth was principally driven by the DA! discounters' retail performance.

Despite a slight dip of 0.3 percentage points in the EBITDA margin to 8.8%, overall EBITDA rose by 0.3% to RUB 9.6 billion. The DA! discounters sector reported notable EBITDA growth of 23.3% year-on-year to RUB 3.9 billion, with their margin increasing by 0.9 percentage points.

In contrast, O'KEY hypermarkets experienced a 10.9% drop in EBITDA. Nevertheless, the Group managed to deliver a significant rise in net profit, achieving RUB 223 million compared to RUB 78 million in H1 2024.