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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: 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 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)
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