Lenta's net profit decreased by 17.8% year-on-year%
Lenta Group's net profit decreased by 17.8% year-on-year to RUB 12.9 billion. This is stated in the company's report, which was reviewed by Izvestia on August 3.
According to the reports, Lenta's comparable sales have almost halved. According to the results of the second quarter, they increased by only 6.5%, whereas a year earlier their growth was 12.3%. The group's net profit decreased by 18.8% in the second quarter. In the first half of 2026, its revenue increased by 26.2%, to 648.5 billion rubles, while net profit decreased year-on-year by 17.8%, to 12.9 billion rubles, according to the financial statements. According to INFOLine estimates, Lenta ranks fourth in revenue among the largest grocery retailers in Russia by the end of 2025.
In addition, according to the results of the second quarter of 2026, the retail area of Lenta group stores owned by Severgroup reached 3.9 million square meters, which is 41.1% more than in the same period a year earlier.
"In the second quarter, we continued to increase our market share in line with our strategy: thanks to organic development and M&A transactions, sales in all formats grew faster than the industry," said Vladimir Sorokin, CEO of Lenta.
The expansion of the business was the main factor in revenue growth in the second quarter: it increased year-on-year by 28.8%, to 341.6 billion rubles. At the same time, comparable sales (LFL) increased by only 6.5%. The main part of the area increase is related to the expansion of the network and the acquisition of new assets. In June 2026, Lenta closed the purchase of OK hypermarkets — 75 stores with a total retail area of 478 thousand square meters came under the group's control.
On April 24, Lenta Group informed Izvestia that the first hypermarket under the Family brand was opened in Saratov. The new brand is closer to the core of the target audience of stores, which seeks to cover a wide range of needs, saving the family budget.
Переведено сервисом «Яндекс Переводчик»
