Magnit

Magnit opens first cosmetics store in Uzbekistan

Retrieved on: 
Tuesday, April 26, 2022
Family, LSE, EBITDA, Textile, Household chemicals, Walking, London, Beauty, Company, Stellaris (video game), Communication, PETS, MOEX, IFRS 16, Income, Lighting, City, RUB, London Stock Exchange, Baby food, Retail, Hygiene, Kumiho, Magnit

Krasnodar, Russia (April 26, 2022): Magnit PJSC (MOEX and LSE: MGNT; the Company, Magnit), one of Russia's leading retailers, announced the opening of MCosmetic - a drogerie store offering beauty and health products - in Uzbekistan.

Key Points: 
  • Krasnodar, Russia (April 26, 2022): Magnit PJSC (MOEX and LSE: MGNT; the Company, Magnit), one of Russia's leading retailers, announced the opening of MCosmetic - a drogerie store offering beauty and health products - in Uzbekistan.
  • The store is located within walking distance for the customers at 1 Obihayot St. in Tashkent.
  • "We are happy to open an MCosmetic store in Uzbekistan and offer the residents a game-changing shopping experience.
  • I am sure that our expertise and successful experience in developing the Magnit Cosmetic format in Russia will enable us to create a store format that is truly interesting and useful for the residents of Uzbekistan."

Magnit announces staff changes in e-commerce

Retrieved on: 
Wednesday, April 13, 2022
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Krasnodar, Russia (April 12, 2022): Magnit PJSC (MOEX and LSE: MGNT; the Company, Magnit), one of Russia's leading retailers, announced that its E-Commerce Director Andrey Lukashevich made the decision to leave the Company for family reasons.

Key Points: 
  • Krasnodar, Russia (April 12, 2022): Magnit PJSC (MOEX and LSE: MGNT; the Company, Magnit), one of Russia's leading retailers, announced that its E-Commerce Director Andrey Lukashevich made the decision to leave the Company for family reasons.
  • Magnit's Board of Directors made the decision to remove Andrey Lukashevich from the Management Board.
  • Andrey Lukashevich joined Magnit in July 2021 to lead its e-commerce department.
  • "Andrey helped us bring about rapid and comprehensive changes to our online customer offering over the past year.

Loop Media, Inc. Enters Integration with SpringServe to Power Advertising Across Video-Centric DOOH Channels

Retrieved on: 
Wednesday, April 6, 2022
Sharp, Android TV, Library, Growth, JVC, Philips, Advertising, Toshiba, LPTV, Amazon Fire TV, CTV, Roku, AT, General manager, OOH, Smart TV, IOS, DOOH, Android, AT&T TV, VIZIO, Technology, CA, GLOBE, Television, Sony, OTC, LG, Video game, Video game console, Online shopping, Magnit, Hisense, Huawei

GLENDALE, CA, April 06, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Loop Media, Inc., a leading multi channel streaming platform that provides curated music video and branded entertainment channels for businesses and consumers, today announced it has selected SpringServe as one of its ad servers.

Key Points: 
  • SpringServes platform incorporates features including frequency capping, competitive separation, ad volume and creative size targeting for optimal DOOH viewing.
  • Loop is revolutionizing the DOOH space and were excited to work with them to enable seamless ad delivery, improve measurement and monetization.
  • Loop Media, Inc. (Loop Media) (OTC: LPTV) is a leading multi channel streaming platform that provides curated music video and branded entertainment channels for businesses and consumers.
  • Download the Loop Media app by searching Loop Media on your Smart TV's app store or opening loop.tv/app on your mobile device.

S&P Global Ratings withdrew Magnit's credit rating

Retrieved on: 
Monday, April 4, 2022
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As of December 31, 2021, Magnit operated 45 distribution centers and 26,077 stores in 3,898 cities and towns throughout 7 federal regions of the Russian Federation.

Key Points: 
  • As of December 31, 2021, Magnit operated 45 distribution centers and 26,077 stores in 3,898 cities and towns throughout 7 federal regions of the Russian Federation.
  • In accordance with the audited IFRS 16 results for FY 2021, Magnit had revenues of RUB 1,856.1 billion and an EBITDA of RUB 214.2 billion.
  • Magnit's local shares are traded on the Moscow Exchange (MOEX: MGNT) and its GDRs on the London Stock Exchange (LSE: MGNT).
  • Magnit does not undertake any obligation to update or revise any forward-looking statement to reflect any change in circumstances.

S&P Global Ratings downgraded Magnit's credit rating to 'CCC-' level after similar action on sovereign

Retrieved on: 
Wednesday, March 9, 2022
Forward-looking statement, London Stock Exchange, City, IFRS 16, RUB, LSE, EBITDA, London, MOEX, Bookkeeping, Magnit

As of December 31, 2021, Magnit operated 45 distribution centers and 26,077 stores in 3,898 cities and towns throughout 7 federal regions of the Russian Federation.

Key Points: 
  • As of December 31, 2021, Magnit operated 45 distribution centers and 26,077 stores in 3,898 cities and towns throughout 7 federal regions of the Russian Federation.
  • In accordance with the audited IFRS 16 results for FY 2021, Magnit had revenues of RUB 1,856.1 billion and an EBITDA of RUB 214.2 billion.
  • Magnit's local shares are traded on the Moscow Exchange (MOEX: MGNT) and its GDRs on the London Stock Exchange (LSE: MGNT).
  • Magnit does not undertake any obligation to update or revise any forward-looking statement to reflect any change in circumstances.

Magnit announces the results of the Board meeting

Retrieved on: 
Wednesday, March 9, 2022
Forward-looking statement, London Stock Exchange, City, IFRS 16, RUB, LSE, EBITDA, London, MOEX, Bookkeeping, Magnit

As of December 31, 2021, Magnit operated 45 distribution centers and 26,077 stores in 3,898 cities and towns throughout 7 federal regions of the Russian Federation.

Key Points: 
  • As of December 31, 2021, Magnit operated 45 distribution centers and 26,077 stores in 3,898 cities and towns throughout 7 federal regions of the Russian Federation.
  • In accordance with the audited IFRS 16 results for FY 2021, Magnit had revenues of RUB 1,856.1 billion and an EBITDA of RUB 214.2 billion.
  • Any forward-looking statement is based on information available to Magnit as of the date of the statement.
  • Magnit does not undertake any obligation to update or revise any forward-looking statement to reflect any change in circumstances.

Magnit announces the coupon yield payment

Retrieved on: 
Saturday, March 5, 2022
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The issuer is solely responsible for the content of this announcement.

Key Points: 
  • The issuer is solely responsible for the content of this announcement.
  • Krasnodar, Russia (March 03, 2022): Magnit PJSC (MOEX and LSE: MGNT; the Company), one of Russia's leading retailers, announces the 4th coupon yield payment against bonds.
  • Please be informed that today PJSC Magnit fulfilled its obligation of the 4th coupon yield payment against bonds of the BO-002-01 series in the amount of 463,800,000 rubles.
  • Non-convertible interest-bearing uncertified exchange-traded bonds of PJSC "Magnit" of the BO-002-01 series with centralized registration of rights, placed under the Program of the exchange-traded bonds with the identification number
    Registration number of the securities issue and the date of its assignment:
    4B02-01-60525-P-002P as of March 04, 2020
    Reporting (coupon) period which the yield is paid for:
    The total amount of the yield paid against bonds:
    The amount of the yield paid against one bond:
    The total number of bonds against which the yield is paid:
    The date of the obligation fulfilment:
    The share (as a percentage) of the performed obligation in the total amount obligation:

Magnit opens hybrid dark store

Retrieved on: 
Thursday, February 17, 2022
Standard, LSE, Company, Forward-looking statement, RUB, City, EBITDA, Yandex.Eda, MOEX, London, IFRS 16, London Stock Exchange, Online shopping, Butovo, Magnit

Krasnodar, Russia (February 16, 2022): Magnit PJSC (MOEX and LSE: MGNT; the Company, Magnit), one of Russia's leading retailers, opened a hybrid dark store operating in two formats - as a warehouse for picking online orders and as a brick-and-mortar store for customers.

Key Points: 
  • Krasnodar, Russia (February 16, 2022): Magnit PJSC (MOEX and LSE: MGNT; the Company, Magnit), one of Russia's leading retailers, opened a hybrid dark store operating in two formats - as a warehouse for picking online orders and as a brick-and-mortar store for customers.
  • The dark store has a separate entrance for delivery agents, which enables them to pick up orders directly from the picking area without inconveniencing customers.
  • Customers can choose from a wider assortment compared to a traditional Magnit Convenience store - around 8,000 articles.
  • The hybrid dark store is located in southwestern Moscow (in the Butovo district) and serves the express delivery mission (delivery within one hour).

Magnit announces the results of the Board meeting

Retrieved on: 
Thursday, February 17, 2022
EBITDA, IFRS 16, Forward-looking statement, MOEX, RUB, LSE, London Stock Exchange, Standard, City, London, Bookkeeping, Magnit

As of December 31, 2021, Magnit operated 45 distribution centers and 26,077 stores in 3,898 cities and towns throughout 7 federal regions of the Russian Federation.

Key Points: 
  • As of December 31, 2021, Magnit operated 45 distribution centers and 26,077 stores in 3,898 cities and towns throughout 7 federal regions of the Russian Federation.
  • In accordance with the unaudited IFRS 16 management accounts results for FY 2021, Magnit had revenues of RUB 1,856 billion and an EBITDA of RUB 214 billion.
  • Any forward-looking statement is based on information available to Magnit as of the date of the statement.
  • Magnit does not undertake any obligation to update or revise any forward-looking statement to reflect any change in circumstances.

Magnit announces the transactions by the person closely associated with persons discharging managerial responsibilities

Retrieved on: 
Thursday, February 17, 2022
EBITDA, IFRS 16, Forward-looking statement, MOEX, RUB, LSE, London Stock Exchange, Standard, City, London, Bookkeeping, Magnit

As of December 31, 2021, Magnit operated 45 distribution centers and 26,077 stores in 3,898 cities and towns throughout 7 federal regions of the Russian Federation.

Key Points: 
  • As of December 31, 2021, Magnit operated 45 distribution centers and 26,077 stores in 3,898 cities and towns throughout 7 federal regions of the Russian Federation.
  • In accordance with the unaudited IFRS 16 management accounts results for FY 2021, Magnit had revenues of RUB 1,856 billion and an EBITDA of RUB 214 billion.
  • Any forward-looking statement is based on information available to Magnit as of the date of the statement.
  • Magnit does not undertake any obligation to update or revise any forward-looking statement to reflect any change in circumstances.