Notification of the Magnit Unaudited 1Q 2018 Financial Results

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MAGNIT PJSC (MGNT) 
Notification of the Magnit Unaudited 1Q 2018 Financial Results 
 
10-Apr-2018 / 09:01 CET/CEST 
Dissemination of a Regulatory Announcement, transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
 
    Krasnodar, Russia (April 10, 2018): Magnit PJSC, one of Russia's leading 
  retailers (MOEX and LSE: MGNT) is pleased to announce the publication date 
  of its unaudited 1Q 2018 financial results prepared in accordance with the 
                         IFRS. 
 
       Please be informed that Magnit plans to release its unaudited 1Q 2018 
         financial results prepared in accordance with the IFRS and based on 
    management accounts on Friday, April 20, 2018 at 10:00 AM (Moscow time). 
 
                         For further information, please contact: 
 
   Timothy Post          Head of Investor Relations 
 
                              Email: [e-mail] 
 
                    Office: [phone] x 17600 
 
Dina Svishcheva Deputy Director, Investor Relations 
 
                          Email: [e-mail] 
 
                    Office: [phone] x 15101 
 
Media Inquiries          Media Relations Department 
 
                                    [e-mail] 
 
                         Company description: 
 
   Public Joint Stock Company "Magnit" is one of Russia's leading retailers. 
  Founded in 1994, the company is headquartered in the southern Russian city 
      of Krasnodar. As of December 31, 2017, Magnit operated 37 distribution 
 centers and 16,350 stores (12,125 convenience, 243 hypermarkets, 208 Magnit 
          Family stores and 3,774 drogerie stores) in 2,709 cities and towns 
                     throughout 7 federal regions of the Russian Federation. 
 
In accordance with the audited IFRS results for 2017, Magnit had revenues of 
RUB 1,143 billion and an EBITDA of RUB 92 billion. Magnit's local shares are 
 traded on the Moscow Exchange (MOEX: MGNT) and its GDRs on the London Stock 
   Exchange (LSE: MGNT) and it has a credit rating from Standard & Poor's of 
         BB. Measured by market capitalization, Magnit is one of the largest 
                         retailers in Europe. 
 
ISIN:          US55953Q2021 
Category Code: MSCU 
TIDM:          MGNT 
LEI Code:      2534009KKPTVL99W2Y12 
Sequence No.:  5378 
 
End of Announcement EQS News Service 
 
672755 10-Apr-2018 
 
 

(END) Dow Jones Newswires

April 10, 2018 03:01 ET (07:01 GMT)