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Russian digital gadgets retailer M.Video stories 13% surge in first-half portions


MOSCOW (Reuters) – Russian buyer digital gadgets retailer M.Video-Eldorado acknowledged on Monday that its gross product value (GMV), a process of deal portions, elevated 13% within the very first fifty % of 2024 from a yr beforehand to 247 billion roubles ($ 2.7 billion).

First- fifty % earnings moreover boosted by 13% to 202 billion roubles in comparison with the year-ago period and gross earnings boosted by 6% to 41.6 billion roubles, the enterprise acknowledged.

Core revenues went down a little bit to six.5 billion roubles, the enterprise acknowledged, in what CHIEF EXECUTIVE OFFICER Sergei Li referred to as a troublesome macroeconomic ambiance with want within the buyer digital gadgets market air con.

($ 1 = 91.4000 roubles)

(Reporting by Reuters; Writing by Alexander Marrow; Editing by Susan Fenton)



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