ATON organized ‘Consumer and Retail Day’

05/26/2016

On May 26 ATON hosted a meeting of major Russian public retail companies’ representatives and institutional investors to discuss the key developments in the industry. The event took place at InterContinental Hotel in Moscow.

Among participants there were IR-managers of DIXY Group, Magnit, Lenta, M.video O’Key and institutional investors – ATON clients.

Russian retail remains under immense pressure from continued real disposable income contraction. As a result, consumer sentiment remains at record low levels, and this is determining consumer behavior. All the companies mentioned the increased discrepancy between Moscow’s and Saint Petersburg’s income levels and those in other regions, which is being clearly reflected in average ticket dynamics. We believe the sector is unlikely to regain its former strength and investor interest until real disposable income demonstrates a sustainable recovery trend.

Traditionally, the event was held in the format of meetings in small groups that allowed to discuss general questions as well as the situation in the industry, particular companies in details and the key risks.

ATON organizes such events with the participants from different sectors on a regular basis. Earlier in 2016 ATON held ‘Fertilizers Day’ and ‘Oil and Gas Day’.

Meeting reports are available for ATON clients.


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