“We see solid growth potential for Fix Price in Kazakhstan. We expanded our store network by 24 outlets in the first half of 2024 and plan to open 16 additional stores by the end of the year (net openings). Apart from offline development, we enhance our online presence through integration with marketplace partners and availability of click-and-collect options. The dynamic growth of our loyalty program – up 30% from the beginning of the year to 740 thousand members in June 2024 – is a testimony to our product and price offering appeal to the consumers in this attractive market.”

Dmitry Kirsanov, Managing Director, Fix Price Group

About Fix Price

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 31 March 2024, Fix Price was operating 6,545 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 31 March 2024, the Company was operating 13 DCs covering 81 regions of Russia and 8 neighbouring countries.

In 2023, the Company recorded revenue of RUB 291.9 billion, EBITDA of RUB 53.1 billion and net profit of RUB 35.7 billion, in accordance with IFRS.

Contacts

Fix Price Investor Relations

Fix Price Media Relations

Elena Mironova

Ekaterina Goncharova