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Russia's X5 Retail Group says Q1 net profit rises 23 pct yr/yr

Reuters - UK Focus

MOSCOW, April 28 (Reuters) - Russia's second-biggest food retailer X5 Retail Group said on Thursday its first-quarter net profit rose 23 percent, year-on-year, to 5.1 billion roubles ($78 million).

Earnings before interest, taxation, depreciation and amortisation jumped 25.6 percent to 16.5 billion roubles while an EBITDA margin edged down to 7.1 percent from 7.2 percent a year ago. ($1 = 65.2850 roubles) (Reporting by Maria Kiselyova; editing by Vladimir Soldatkin)