PJSC 'Magnit' Announces the Publication of its 2017 Annual Report

 

 

Press-release

Krasnodar

April 18, 2018

 

PJSC "Magnit" Announces the Publication of its 2017 Annual Report

 

Krasnodar, April 18, 2018: Magnit PJSC, one of Russia's leading retailers (the "Company", the "Issuer", MOEX and LSE: MGNT), announces the publication of its 2017 Annual Report.

 

Please be informed that the 2017 Annual Report is now available on the official website of PJSC "Magnit" http://ir.magnit.com/en/financial-reports/annual-report_magnit_2017/ (in English) and http://ir.magnit.com/ru/financial-reports-rus/annual-reports_magnit_2017/ (in Russian).

 

2017 Annual Report will soon be available at www.morningstar.co.uk/uk/NSM as well.

 

 

 

 

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.