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Magnit PAO

MGNT.MM

Latest Trade

3,230.50RUB

Change

-3.50(-0.11%)

Volume

168,718

Today's Range

3,225.00

 - 

3,258.50

52 Week Range

3,092.50

 - 

4,425.00

As of on the Moscow Interbank Currency Exchange ∙ Minimum 15 minute delay

Latest Developments

Russia's Magnit recommends dividend of 147.19 rbls per share

Nov 18 (Reuters) - Russia's second largest food retailer Magnit <MGNT.MM> says::The board of directors has recommended to pay nine-month dividends in the amount of 15 billion roubles ($235.05 million), which constitutes 147.19 roubles per one ordinary share, and set Jan. 10, 2020 as a dividend record date..

Russia's Magnit expects sales growth to speed up in Q4 - Ifax

Oct 29 (Reuters) - Russian food retailer Magnit <MGNT.MM>::Expects its revenue growth to speed up in Q4, Interfax cited Magnit CEO Jan Dunning as saying on Tuesday..Expects its net debt/EBITDA ratio to be below 2x in 2019, Dunning was quoted as saying..

Russia's Magnit says Q3 net profit down 57.3% y/y

Oct 29 (Reuters) - Russian food retailer Magnit <MGNT.MM> says::Q3 net profit at 3.3 billion roubles ($51.76 million), down 57.3% year on year;.Q3 EBITDA at 19.8 billion roubles, down 9% year on year;.Q3 EBITDA margin at 5.8% vs 7.0% a year ago;.Q3 revenue at 342.6 billion roubles, up 10.5% year on year;.Q3 like-for-like sales down 0.7% year on year;.Plans to open 1,200 new stores (net) in 2019;.2019 capex seen at 70-75 billion roubles;.Expects EBITDA margin at 6.5% in 2019..

Russia's Magnit says Q2 net profit down 39.5% y/y

July 25 (Reuters) - Russian food retailer Magnit <MGNT.MM> says::Q2 net profit at 6.3 billion roubles ($99.75 million) vs 10.4 billion roubles in Q2 2018;.Q2 EBITDA at 24.2 bln roubles vs 24.4 bln roubles in Q2 2018;.Q2 EBITDA margin at 7.1% vs 7.9% in Q2 2018;.Q2 total revenue up 11.4% year on year to 342.9 bln roubles;.Q2 like-for-like sales +1.7% y/y..

CEO of Russia's Magnit quits due to disagreements over strategy

June 26 (Reuters) - Russia's second-largest food retailer Magnit PAO <MGNT.MM> says::Olga Naumova, currently the Chief Executive Officer, has decided to leave the company due to disagreements with the board of directors relating to the strategy of the company;.Jan Dunning, the President of Magnit, will assume the role of the Chief Executive Officer of Magnit;.Jan Dunning will continue to serve as a Deputy Chairman of Magnit board of directors..

Russia's Magnit says Q1 net profit down 52.2 pct y/y

April 30 (Reuters) - Russia's second-biggest food retailer Magnit <MGNT.MM> says::Q1 net profit fell 52.2 percent year-on-year to 3.54 billion roubles ($54.77 million);.Q1 revenue increased by 10.1 percent year-on-year to 319.0 billion roubles;.EBITDA in Q1 2019 was 19.1 billion roubles, down 6.5 percent year-on-year, with 6.0 percent margin vs. 7.1 percent in Q1 2018; .Net retail sales grew 8.9 percent year-on-year to 310.6 billion roubles;.Like-for-like sales growth reached 0.6 percent, composed of 4.2 percent growth of average ticket and 3.5 percent traffic decline;.Magnit reiterated guidance to deliver sustainable EBITDA margin for full year 2019..

Russian retailer Magnit exploring possible acquisition of Lenta

April 5 (Reuters) - Russian food retailer Magnit <MGNT.MM> says::MAGNIT CONFIRMS THAT IT IS EXPLORING A POSSIBLE ACQUISITION OF 100 PERCENT OF LENTA'S BUSINESS.MAGNIT IS LOOKING FORWARD TO RECEIVING A RESPONSE FROM LENTA AND WILL THEN CONSIDER HOW IT INTENDS TO PROCEED.NO ASSURANCES CAN BE GIVEN THAT ANY TRANSACTION WILL TAKE PLACE OR AS TO TERMS ON WHICH IT MAY BE MADE.

Russia's Magnit Approves Buy-Back Of 164,710 Ordinary Shares

March 29 (Reuters) - Magnit PAO <MGNT.MM>::SAYS ITS BOARD OF DIRECTORS APPROVED TERMS AND CONDITIONS OF BUY-BACK OF 164,710 ORDINARY SHARES.MAXIMUM PURCHASE PRICE IS 4,070 RUBLES PER ORDINARY SHARE.FREE CASH FLOW WILL BE USED TO FINANCE BUY-BACK.BUY-BACK WILL COMMENCE ON 1 APRIL 2019 AND WILL END NO LATER THAN 5 APRIL 2019 (INCLUSIVE).BUY-BACK OF SHARES IS FOR PURPOSES OF SHARE AWARD REMUNERATION TO PRESIDENT OF COMPANY, JAN DUNNING.

Russia's Magnit board recommends dividend of 166.78 rbls/share

March 25 (Reuters) - Russian food retailer Magnit PAO <MGNT.MM> says::The board has recommended a dividend of 166.78 roubles per share and will pay out a total of 17 billion roubles; .

Magnit Announces Completion Of Share Buyback Programme

March 6 (Reuters) - Magnit PAO <MGNT.MM>::SAYS ANNOUNCES COMPLETION OF SHARE BUYBACK PROGRAMME OF COMPANY'S ORDINARY SHARES ANNOUNCED ON AUGUST 21, 2018.SAYS DURING PROGRAMME, BETWEEN SEPTEMBER 5, 2018 AND MARCH 1, 2019, COMPANY PURCHASED 5,897,776 SHARES.SAYS COST OF SHARES PURCHASED BY JSC "TANDER" (SUBSIDIARY COMPANY OF PJSC "MAGNIT") FROM RENAISSANCE BROKER LLC ("RENAISSANCE") AMOUNTS TO 22.2 BILLION RUBLES.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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