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BRIEF-Russia's Magnit says Q1 net profit falls 8.5 pct
April 21, 2017 / 7:11 AM / 8 months ago

BRIEF-Russia's Magnit says Q1 net profit falls 8.5 pct

April 21 (Reuters) - Magnit says:

* Q1 net sales at 266.98 billion roubles ($4.76 billion), up 4.58 percent from 255.30 billion roubles in Q1 2016;

* Q1 like-for-like sales down 4.77 percent year on year;

* Q1 net profit at 7.54 billion roubles, down 8.49 percent from 8.24 billion roubles in Q1 2016;

* Q1 EBITDA at 21 billion roubles, up 6.09 percent from 19.79 billion roubles in Q1 2016;

* Q1 EBITDA margin at 7.86 percent versus 7.75 percent in Q1 2016. Source text for Eikon: Further company coverage: ($1 = 56.0946 roubles) (Reporting by Moscow Newsroom)

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