X5 Retail Group NV (FIVE), Russia’s biggest supermarket chain, climbed the most in two months in London after saying retail sales rose 46 percent in the first quarter.
Sales, including those at the Carousel hypermarket business acquired in June, increased to 63.1 billion rubles ($1.9 billion), the Moscow-based company said today in a statement. Sales at stores open at least a year climbed 13 percent in ruble terms compared with a year earlier.
X5 jumped 14 percent to $12.50 in London trading at 4 p.m., heading for its biggest gain since Feb. 6.
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