Magnit reports 9.6% total sales growth, 5.2% LFL sales growth and 7.1% EBITDA margin in 2Q 2021
MAGNIT PJSC (MGNT) Magnit reports 9.6% total sales growth, 5.2% LFL sales growth and 7.1% EBITDA margin in 2Q 2021 Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.
Magnit Reports 9.6% total sales growth, 5.2% LFL Sales Growth and 7.1% EBITDA margin in 2Q 2021
Krasnodar, Russia (July 29, 2021): Magnit PJSC (MOEX and LSE: MGNT; the Company), one of Russia's leading retailers, announces its 2Q and 1H 2021 operational and unaudited financial results.
2Q and 1H 2021 Operating Results
Retail Sales
Stores and Selling Space
2Q and 1H 2021 LFL Results
Financial Results for 2Q and 1H 2021 (IAS 17)
Financial Position Highlights (IFRS 16)
Debt Composition and Leverage
DIXY Acquisition
More information is available at https://www.magnit.com/en/media/press-releases/magnit-completes-acqusition-of-dixy/
FY 2021 Guidance
Note:
APPENDIX 2Q and 1H 2021 Store Openings
2Q 2021 Monthly Operating Results
Financial Results for 2Q and 1H 2021 (IFRS 16)
[1] LFL calculation base includes stores, which have been operating for 12 months since its first day of sales. LFL sales growth and average ticket growth are calculated based on sales turnover including VAT.
[2] Convenience Stores include convenience stores and small pilots such as Magnit City and My Price [3] Supermarkets include Magnit Family supermarkets and Magnit Extra superstores [4] Other Formats include pharmacies and stores located at Russian Post offices [5] Excluding VAT [6] Net retail sales of the last four quarters divided by the average selling space at the end of the last five quarters [7] LTI - Long-Term Incentive Program [8] Inventory turnover days = ((inventories as of 31.03.2021 + inventories as of 30.06.2021)/2/cost of goods sold for 2Q 2021) x 91 [10] Does not include RUB 87.6 billion spent on DIXY acquisition [11] FAS prescription to one-time reduce market share limit of 35% in 22 municipalities in the North-West and Central regions till 1st July 2022 [12] Excluding VAT [13] LTI - Long-Term Incentive Program
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ISIN: | US55953Q2021 |
Category Code: | MSCU |
TIDM: | MGNT |
LEI Code: | 2534009KKPTVL99W2Y12 |
OAM Categories: | 2.2. Inside information |
Sequence No.: | 118703 |
EQS News ID: | 1222530 |
End of Announcement | EQS News Service |
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