Mitchells & Butlers : Notification of the Magnit Unaudited 1Q 2018 Financial Results
April 10, 2018 at 03:36 am EDT
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Krasnodar, Russia (April 10, 2018):Magnit PJSC, one of Russia's leading retailers(MOEX and LSE: MGNT) is pleased toannounce the publication date of its unaudited 1Q2018financial results prepared in accordance with the IFRS.
Please be informed that Magnit plans to release its unaudited1Q 2018financial results prepared in accordance with the IFRS and based on management accounts on Friday, April 20, 2018at 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
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 auditedIFRS resultsfor 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 largestretailers in Europe.
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Mitchells & Butlers plc published this content on 10 April 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 10 April 2018 07:35:01 UTC
Mitchells & Butlers plc is a United Kingdom-based company that operates restaurants, pubs, and bars. The Company provides a choice of eating and drinking-out experiences through its brands. It has approximately 1,700 businesses, including restaurant and pub brands, such as All Bar One, Browns, Castle, Ember Inns, Harvester, High St, Innkeeper's Collection, Miller & Carter, Nicholson's, O'Neill's, Premium Country Pubs, Sizzling Pubs, Stonehouse Pizza & Carvery, Toby Carvery, ALEX, and Vintage Inns. In addition, the Company operates Innkeeper's Collection hotels in the United Kingdom and Alex restaurants and bars in Germany. The Companyâs subsidiaries include Mitchells & Butlers Retail Limited, Ha Ha Bar & Grill Limited, Orchid Pubs & Dining Limited, ALEX Gaststatten Gesellschaft mbH & Co KG, and Mitchells & Butlers Finance plc, among others.