Press-release
Krasnodar
April 28, 2017
PJSC "Magnit" Announces the Publication of its 2016 Annual Report
Krasnodar, April 28, 2017: Magnit PJSC, one of Russia's leading retailers (the
"Company", the "Issuer", MOEX and LSE: MGNT), announces the publication of its
2016 Annual Report.
Please be informed that the 2016 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: post@magnit.ru
Office: +7-861-277-4554 x 17600
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:
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 March 31, 2017, Magnit operated 35 distribution centers and
14,089 stores (10,540 convenience, 427 hypermarkets and 3,122 drogerie stores)
in 2,494 cities and towns throughout 7 federal regions of the Russian
Federation.
In accordance with the audited IFRS results for 2016, Magnit had revenues of
RUB 1,075 billion and an EBITDA of RUB 108 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.