Edition:
United States

Magnit PAO (MGNT.MM)

MGNT.MM on Moscow Interbank Currency Exchange

9,450.00RUB
25 May 2017
Change (% chg)

руб91.00 (+0.97%)
Prev Close
руб9,359.00
Open
руб9,351.00
Day's High
руб9,554.00
Day's Low
руб9,301.00
Volume
91,254
Avg. Vol
121,385
52-wk High
руб11,476.00
52-wk Low
руб8,003.00

Latest Key Developments (Source: Significant Developments)

Russia's Magnit says Q3 like-for-like sales up 1.23 pct y/y
Tuesday, 11 Oct 2016 02:45am EDT 

Magnit says: Q3 like-for-like sales up 1.23 percent year-on-year with traffic up 2.24 percent and average ticket down 0.98 percent; . Q3 net retail sales up 13.76 percent year-on-year to 267.3 billion roubles ($4.30 billion); . September net retail sales up 13.68 percent year-on-year to 84.2 billion roubles; .Opened 123 stores in September..  Full Article

Russia's Magnit says July sales rise 13.77 pct yr/yr
Tuesday, 9 Aug 2016 03:15am EDT 

Magnit : Russian retailer Magnit said on Tuesday its net retail sales had risen by 13.77 percent year-on-year in July to 92.9 billion roubles ($1.44 billion). . Magnit said it had opened 133 stores last month. Further company coverage: [MGNT.MM] [MGNTq.L] ($1 = 64.7200 roubles) (Moscow newsroom) ((maria.tsvetkova@thomsonreuters.com; +7 495 775 1242)) Keywords: RUSSIA MAGNIT/SALES (URGENT).  Full Article

Russia's Magnit recommends dividend of 84.60 roubles/shr for H1
Tuesday, 2 Aug 2016 02:51am EDT 

Magnit says: The board of directors has recommended paying a dividend of 84.60 roubles ($1.26) per share on first half 2016 results. . Total payout seen at 8 billion roubles. . Shareholders of record on the company's books as of Sept. 23, 2016, are entitled to the interim dividend. Further company coverage: [MGNT.MM] ($1 = 66.9278 roubles) (Reporting by Moscow Newsroom) ((moscow.newsroom@thomsonreuters.com)).  Full Article

Russia's Magnit says Q2 net profit up 13 pct y/y
Monday, 25 Jul 2016 02:47am EDT 

Magnit says: Q2 net income at 17.86 billion roubles ($275.6 million), up 13.14 percent year-on-year; . Q2 EBITDA at 31.81 billion roubles, up 12.67 percent year-on-year; . Q2 EBITDA margin at 11.95 percent vs 11.96 percent in Q2 2015. .Q2 net sales at 266.22 billion roubles, up 12.78 percent year-on-year..  Full Article

Russia's Magnit approves bond issue program for RUB 50 bln
Thursday, 23 Jun 2016 02:35am EDT 

Magnit : Says board approves bond issue program for up to 50 billion roubles ($776.88 million) or equivalent in other currencies .The maturity period of the bonds is up to five years.  Full Article

Russia's Magnit says sales growth slows to 9.6 pct in May
Thursday, 9 Jun 2016 02:48am EDT 

Magnit says: Retail sales grew by 9.59 percent year-on-year in May to 87.7 billion roubles ($1.4 billion); . During May, the company opened (net) 210 stores; .Preliminary consolidated unaudited net retail revenue (excl. VAT) in January-May increased by 14.70 percent year-on-year to 430.3 billion roubles..  Full Article

Russia's Magnit says April sales rise 14.7 pct yr/yr
Wednesday, 11 May 2016 03:05am EDT 

Magnit says: Retail sales rose 14.67 percent in April, year-on-year; .During April the company opened 143 stores on net basis..  Full Article

Magnit PAO issues 2016 sales guidance in line with analysts' estimates
Monday, 25 Apr 2016 07:15am EDT 

Magnit PAO:Sees in 2016 sales increase by 17-18 pct, head of company Sergey Galitskiy said - Reuters.Revenue growth in 2016 by 8 pct - Thomson Reuters I/B/E/S.  Full Article

Standard & Poor's affirms Magnit PAO rating
Friday, 22 Apr 2016 10:33am EDT 

Magnit PAO:Says that Standard & Poor's Rating Services has affirmed the rating of Magnit at BB+ level with negative outlook.The negative outlook on Magnit reflects the negative outlook on the Russian Federation. S&P might consider revising outlook to stable if they take a similar action on Russia.  Full Article

Magnit PAO to open 900-950 convenience stores in 2016
Wednesday, 27 Jan 2016 05:16am EST 

Magnit PAO:Plans to open 900-950 convenience food stores in 2016 - Reuters.Also plans to add 1,200 cosmetics stores and 80 hypermarkets this year, Galitskiy said.  Full Article

More From Around the Web

BRIEF-Russia's Magnit recommends final 2016 divs of 67.41 rbls/share

* Board recommends final 2016 dividend of 67.41 roubles ($1.18) per share;