Moscow, 17 July 2024 – X5 Group (“X5” or the “Company”), a leading Russian food retailer that operates the Pyaterochka, Perekrestok and Chizhik retail chains, announces that the ACRA rating agency has assigned theCompany its highest-possible credit rating, AAA(RU), with a stable outlook.
According to ACRA, the main factors underlying X5’s rating included the Company’s leading position in theRussian food retail market, as well as its very strong operational profile and liquidity, low leverage and high level of profitability.