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MAGNIT PJSC (MGNT)
Magnit Announces the Publication Date of its Unaudited 9M 2017 Financial
Results
16-Oct-2017 / 11:24 CET/CEST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
Press Release
Krasnodar
October 16, 2017
Magnit Announces the Publication Date of its Unaudited 9M 2017 Financial
Results Prepared in accordance with the IFRS
Krasnodar, Russia (October 16, 2017): Magnit PJSC, one of Russia's leading
retailers (MOEX and LSE: MGNT) is pleased to announce the publication date
of its unaudited 9M 2017 financial results prepared in accordance with the
IFRS.
Please be informed that Magnit plans to release its unaudited 9M 2017
financial results prepared in accordance with the IFRS and based on the
management accounts on Friday, October 20, 2017 at 10:00 AM (Moscow time).
For further information, please contact:
Timothy Post Head of Investor Relations
Email: post@magnit.ru
Office: +7-861-277-4554 x 17600
Dina Svishcheva Deputy Director, Investor Relations
Email: Chistyak@magnit.ru
Office: +7-861-277-4554 x 15101
Media Inquiries Media Relations Department
press@magnit.ru
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 June 30, 2017, Magnit operated 35 distribution centers
and 14,844 stores (11,114 convenience, 430 hypermarkets and 3,300 drogerie
stores) in 2,567 cities and towns throughout 7 federal regions of the
Russian Federation.
In accordance with the reviewed IFRS consolidated financial statements for
1H 2017, Magnit had revenues of RUB 555 billion and an EBITDA of RUB 49
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
OAM Categories: 3.1. Additional regulated information required to be
disclosed under the laws of a Member State
Sequence No.: 4745
End of Announcement EQS News Service
619135 16-Oct-2017
(END) Dow Jones Newswires
October 16, 2017 05:24 ET (09:24 GMT)
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