29th Apr 2016 17:01
PJSC MAGNIT - Publication of 2015 Annual ReportPJSC MAGNIT - Publication of 2015 Annual Report
PR Newswire
London, April 29
Press-release
Krasnodar
April 29, 2016
PJSC “Magnit” Announces the Publication of its 2015 Annual Report
Krasnodar, April 29, 2016: PJSC “Magnit”, Russia’s largest food retailer (the “Company”, the “Issuer”, MOEX and LSE: MGNT), announces the publication of its 2015 Annual Report.
Please be informed that the 2015 Annual Report is available at the official website of PJSC "Magnit".
Please follow the link http://ir.magnit.com/en/financial-reports/ to view the English version of the report.
And http://ir.magnit.com/financial-reports-rus/ for the Russian version.
For further information, please contact:
| Timothy Post | Head of Investor Relations Email: [email protected] Office: +7-861-277-4554 x 17600 Mobile: +7-961-511-7678 Direct Line: +7-861-277-4562 |
| Investor Relations Office | [email protected] Direct Line: +7-861-277-4562 Website: ir.magnit.com/ |
| Media Inquiries | Media Relations Department [email protected] |
Company description:
Magnit is Russia's largest food retailer. Founded in 1994, the company is headquartered in the southern Russian city of Krasnodar. As of March 31, 2016, Magnit operated 34 distribution centers and about 12,434 stores (9,715 convenience, 382 hypermarkets, and 2,337 drogerie stores) in 2,385 cities and towns throughout 7 federal regions of the Russian Federation.
In accordance with the audited IFRS results for 2015, Magnit had revenues of RUB 951 billion and an EBITDA of RUB 104 billion. Magnit's local shares are traded on the Moscow Stock 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.
Related Shares:
MGNT.L