Slide 1: H1 and Q2 2012 Trading Update
H1 and Q2 2012 Trading Update. Investor and Analyst Presentation, July 18, 2012. 1
Slide 2: Disclaimer
Disclaimer Content and liability disclaimer The information contained in this presentation or enclosed herewith is provided and intended for informational purposes only and should not be relied on for any investment decisions. The information provided in the presentation includes assumptions and fin
Slide 3: Q2 and H1 2012 trading update summary
Q2 and H1 2012 trading update summary H1 2012 sales amounted to almost 70 billion RUB (59 billion RUB without VAT), demonstrating a 27% increase vs. Q1 2011. H1 2012 LfL sales increased by 16%; Q2 2012 sales grew to 30.7 billion (with VAT) and increased by 22.5% vs. Q2 2011. Q2 2012 LfL grew by 1
Slide 4: H1 2012: extensive geographic coverage
H1 2012: extensive geographic coverage Store count as of June 30, 2012 Total: 277 stores, 121 cities of Russia. Rostov; 6 Kazan; 6 N. Novgorod; 7 Krasnodar; 6 St. Petersburg; Volgograd; 6 Wide presence in all major Russian cities 15 Yekaterinburg; 6 Moscow; 50 Novosibirsk; 5 16 new stores (net),
Slide 5: Q2 2011 - Q2 2012 quarterly Sales/LfL growth
Q2 2011 - Q2 2012 quarterly Sales/LfL growth 34.5% 31% 28% 24% 22.5% 19% 14% 13.5% 11% 3.6% Q2 2011 Q3 2011 Q4 2011 Q1 2012 Q2 2012 Sales Like-for-like Sales All information presented on this slide is subject to the disclaimer note on page 2 Source: Company data 5
Slide 6: H1 2012 – H1 2011 LfL dynamics by region and channel
H1 2012 LfL performance analysis H1 2012 – H1 2011 LfL dynamics, % Number of Average transaction amount Sales transactions STORES 21.6% 20.0% 16.6% 17.7% 14.7% 11.6% 12.3% 11.4% 9.0% 9.4% 9.7% 5.6% 8.1% 9.0% 8.0% 7.6% 6.6% 4.0% 4.5% 6.4% 4.7% 5.3% 1.0% 2.7% Moscow St. Petersburg Center Volga area So
Slide 7: H1 2012 LfL performance analysis
H1 2012 LfL performance analysis H1 2012 – H1 2011 LfL revenue breakdown, % H1 2012 – H1 2011 LfL revenue per store (RUB million, with VAT) 1H 2011 1H 2012 24.7% 23.7% H1 2011 H1 2012 1,813 18.3% 17.5% 16.7% 16.5% 937 13.1% 11% 11% 11.9% 11.3% 10.5% 362 311 297 222 258 287 237 276 4.2% 4.3% 3.4% 161
Slide 8: Q2 2012 – Q2 2011 LfL dynamics by region and channel
Q2 2012 LfL performance analysis Q2 2012 – Q2 2011 LfL dynamics, % Number of Average transaction amount Sales transactions STORES 17.9% 17.6% 14.6% 12.1% 12.2% 11.3% 10% 6.4% 7.7% 7.9% 6.7% 8% 7.8% 9.1% 5.9% 4.0% 4.3% 5.5% 4.9% 6.9% 0.5% 0.4% 0.9% 1.2% Moscow St. Petersburg Center Volga area South U
Slide 9: Q2 2012 LfL performance analysis
Q2 2012 LfL performance analysis Q2 2012 – Q2 2011 LfL revenue breakdown, % Q2 2012 – Q2 2011 LfL revenue per store (RUB million, with VAT) 860 Q2 2011 Q2 2012 25.4% 24.5% Q2 2011 Q2 2012 524 18.3%17.8% 15.8% 16.4% 13% 10.8% 10.7% 11.5% 10.9% 10.3% 4.3% 3.6% 139 163 128 114 134 107 121 4.2% 2.5% 74
Slide 10: Investment Case Summary
Investment Case Summary Nineteen years in Russian retail: successful brand building and business development. Sales over 4 billion USD annually, 17,000 employees, nationwide retail network of 120+ cities and c. 280 stores Ultimate growth profile: 110 new stores in the past 3 years, 70+ new sto
Slide 11: Contacts
Contacts OJSC “Company “M.video” Nizhnaya Krasnoselskaya Str., 40/12 Moscow 107066 Russia Tel: +7 495 644 28 48, ext. 7064 E-mail: ir@mvideo.ru Official web-site: invest.mvideo.ru Official ticker: MVID RU Exchange: RTS and MICEX For investor relations purposes, please contact: Christopher Parks Deni