Fix Price at a Glance
2022 Performance Highlights
Continued expansion:
EBITDA ratio was
+ 759
net store openings Revenue growth: + 20.5 %
y-o-y Loyalty membership growth: + 28.7 %
y-o-y Balance sheet strength: the IAS 17-based Net Cash to EBITDA ratio was
0.04
x Robust profitability: EBITDA margin stood at
19.5 %
Gross profit margin hit 33.1 %
a five-year high for both metrics Our Mission
Our mission is to help people live better lives and save money by offering a wide and unique assortment of goods for the whole family at several fixed price points across thousands of Fix Price stores in Russia and its neighbouring countries.
We provide great value to millions of households regardless of their purchasing power.
Our Values
- One of the fastest-growing variety value retailers globally
- The undisputable leader in Russian value retail
- Purpose-built from day one to disrupt a large and growing market at scale
- An easy-to-roll-out store format standardised for rapid scaling
- Strong value across a diverse product offering
- Years of solid profitability performance
- State-of-the-art IT infrastructure that is constantly upgraded to support growth