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Chain stores "OK" resets the margin on a number of important goods
O'KEY Group S. A. (LSE: OKEY, the "Group"), one of the largest food chains in Russia, is launching a Federal social program "Be healthy! We will take care of the rest" in which all products of the category ultra fresh weekly directory "latest news" will be sold without trade margins.
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The program will cover popular categories of goods that satisfy the weekly needs of a person fresh and healthy food with a short shelf life. Among them, fresh vegetables and fruits, today it is especially necessary to strengthen the immune system, chilled meat and fish products, bakery products, meat products poultry, eggs and dairy products. Therefore, the products highlighted in store with a special price tag "Be healthy – 0% margin" will be sold at prices suppliers. The programme will run in all stores of the chain "okay" from 16 April to 6 may.

The program "Be healthy! We will take care of the rest" is one of the social initiatives of the company "O'key" to support the population in the difficult period of the spread of coronavirus infection. The availability of food, reasonable prices and maximize the safety of customers in stores is a priority direction of the company "O'key". Zeroing in addition to trade margins on some products, in all stores of the network, strict measures on disinfection of premises and oversees the health of employees. Also for the most vulnerable to the infection groups of population – pensioners, there was a special programme "older people", in which from 8 to 9 am, the elderly are served in priority order.

Full list of food products involved in the program "Be healthy! We will take care of the rest", is available in the weekly directory "latest news" and on the website of the company www.okmarket.ru

 

ABOUT THE COMPANY

O'KEY Group S. A. (LSE: OKEY, Fitch – ‘B+’, RAEX – ‘ruA-’) – one of the largest food chains in Russia. The group is represented in two formats: hypermarkets under the brand name "O'key" and discount stores under the brand "YES!".

On 2 April 2020 the Group operates 178 stores in Russia. The group opened its first hypermarket in 2002 in Saint-Petersburg and since then has been steadily increasing. "Okay" the first Russian retail networks on trade in food products has launched and is actively developing an online sales channel with the range on the basis of hypermarkets in Moscow and St. Petersburg for home delivery. The group manages four distribution centers on the territory of Russia.

In 2019, the revenue of the Group amounted to 165 202 086 thousand rubles, EBITDA — 14 061 432 thousand rubles., net profit for the reporting period amounted to 746 958 thousand.

Shareholder structure GK "OK": NISEMAX Co Ltd — 44,79%, GSU Ltd — 29,52%, shares in free float and 25.69%.



Translated by service "Yandex.Translation"
Источники: Agro2b
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