O'KEY Group Reports Net Retail Revenue Growth in Q2 2025

O'KEY Group S.A., a prominent Russian food retailer, announced a 4.9% year-on-year increase in net retail revenue for the second quarter of 2025, totaling RUB 54.9 billion. This growth was attributed to strong performances from both O'KEY hypermarkets and DA! discounters.

The hypermarkets observed a modest 1.0% increase in net retail revenue, reaching RUB 34.2 billion. Meanwhile, DA! discounters achieved a significant 12.2% growth in the same period, amounting to RUB 20.7 billion, largely supported by a 9.9% rise in like-for-like revenue fueled by expanding retail space.

Over the first half of 2025, the Group generated RUB 108.5 billion in net retail revenue, marking a 3.8% year-on-year increase. The expansion of DA! stores contributed to this growth, with a net addition of seven new locations, increasing the discounters’ share of group revenue to 37.6%.