Fix Price launches a new distribution centre in Yekaterinburg

“The new warehouse in Yekaterinburg is our second facility in the city, but it is larger and more advanced than the first one. It will help stock up our stores scattered across the Ural region, Siberia, and Kazakhstan more quickly and efficiently, replacing the existing DC.

In the first quarter of this year, we also leased a small warehouse of 3,000 sq. m in Astana, Kazakhstan, for storing locally produced goods.”

Oleg Shtainagel, Logistics Department Director at Fix Price

About the Company

Fix Price (LSE and MOEX: FIXP, AIX: FIXP.Y), one of the leading variety value retailers globally and the largest in Russia, has been helping its customers save money every day since 2007. Fix Price offers its customers a unique and constantly updated assortment of non-food goods, including personal care and household products, and food items at low fixed price points.

As of 30 September 2023, Fix Price was operating 6,162 stores in Russia and neighbouring countries, all of them stocking approximately 2,000 SKUs across around 20 product categories. As well as its own private brands, Fix Price sells products from leading global names and smaller local suppliers. As of 30 September 2023, the Company was operating 12 DCs covering 80 regions of Russia and 8 neighbouring countries.

In 2022, the Company recorded revenue of RUB 277.6 billion, EBITDA of RUB 54.2 billion and net profit of RUB 21.4 billion, in accordance with IFRS.

Contacts

Fix Price Investor Relations

Fix Price Media Relations

Elena Mironova

ir@fix-price.com

Ekaterina Charushina

echarushina@fix-price.ru