Press-release
Krasnodar
November 30, 2015
PJSC "Magnit" Has Opened the 2,000th Drogerie Store
Krasnodar, November 30, 2015: PJSC "Magnit", Russia's largest retailer (the
"Company"; MOEX and LSE: MGNT) announces the opening of the 2,000th drogerie
store.
Please be informed that today the Company opened its 2,000th drogerie store
located at 19 Komsomolskaya street, Kargapolye village, Kurgan oblast. This is
the first "Magnit Cosmetic" store in this location. The total space of the
store is 277 sq. m. and its selling space is 212 sq. m. The outlet is leased by
the Company. Population of Kargapolye village stands at over 8,400 people. In
this village Magnit already operates one food convenience store.
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 September 30,
2015, Magnit operated 29 distribution centers and about 11,400 stores (9,246
convenience, 335 hypermarkets, and 1,807 drogerie stores) in 2,297 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.