Press-release
Krasnodar
January 18, 2016
PJSC "Magnit" Announces the Publication Date of FY 2015 Unaudited Financial
Results Prepared in accordance with the IFRS
Krasnodar, January 18, 2016: PJSC "Magnit", Russia's largest food retailer (the
"Company"; MOEX and LSE: MGNT), is pleased to announce the publication date of
its FY 2015 unaudited financial results prepared in accordance with the IFRS
and based on the management accounts.
Please be informed that PJSC "Magnit" plans to release its FY 2015 unaudited
financial results prepared in accordance with the IFRS and based on the
management accounts on Wednesday, January 27, 2016 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
Mobile: +7-961-511-7678
Direct Line: +7-861-277-4562
Investor Relations Office MagnitIR@magnit.ru
Direct Line: +7-861-277-4562
Website: ir.magnit.com/
Media Inquiries Media Relations Department
press@magnit.ru
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 December 31,
2015, Magnit operated 33 distribution centers and about 12,089 stores (9,594
convenience, 374 hypermarkets, and 2,121 drogerie stores) in 2,361 cities and
towns throughout 7 federal regions of the Russian Federation.
In accordance with the reviewed IFRS consolidated financial statements for 1H
2015, Magnit had revenues of RUB 455 billion and an EBITDA of RUB 49 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.