Detsky Mir Expansion Strategy
High revenue growth and solid gross margin driven by
private-label expansion
Group revenue is growing across all segments(1)
(RUB m)
Keep investing gross margin in price leadership
+15.0%
35 672
+14.3%
44 488
4
-116
38 915
336
438
1 410
53
158
1166
31 020
203
68
170
974
37 101
42 623
34 001
29 605
113
326
1 232
34,1%
detsky mir
31,1%
29,3%
29,6%
+4.5%
13 845
13 255
+16.1%
10 550
9 085
Q4'19
Q4'20
Q1'20
Q1'21
Gross profit (RUBm)
-Gross profit margin (%)
39.7%
40.7%
39.1%
40.4%
Q4 '19
Detsky Mir in Russia
Zoozavr
Source: Company data.
Q4'20
Q1'20
Q1'21
Detsky Mir in Kazakhstan
ELC &ABC
Detmir in Belarus
Private label & direct imports (Russia), % of revenue(2)
(1) Hereinafter, revenue is net of value added tax and includes revenue from the sale of goods as well as fees charged by the Group to third-party sellers for selling their goods through the Group marketplace. Detsky Mir in Russia includes all sales of children's goods in Russia, as well as the
sales results of the Detmir Pickup chain. Zoozavr includes all sales of pet products, including sales made via the Company website and mobile app.
(2) Sales of private labels and direct imports in Russia include sales of all children's goods in Russia, including through the Company website and mobile application.
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