Magnit

Magnit fulfills over 100,000 online orders in one day

Retrieved on: 
Wednesday, January 12, 2022

Krasnodar, Russia (January 12, 2022): Magnit PJSC (MOEX and LSE: MGNT; the Company, Magnit), one of Russia's leading retailers, delivered 105 thousand online orders to its customers in one day in the lead-up to the New Year.

Key Points: 
  • Krasnodar, Russia (January 12, 2022): Magnit PJSC (MOEX and LSE: MGNT; the Company, Magnit), one of Russia's leading retailers, delivered 105 thousand online orders to its customers in one day in the lead-up to the New Year.
  • The record-high number of orders for the Company's own delivery and partner services was set on December 30, 2021.
  • The share of orders made outside of Moscow and Saint Petersburg reached 79% in the last two weeks of 2021.
  • "In the last three months, we've managed to double the number of online orders, and in December, we've successfully surpassed 100 thousand purchases.

Magnit announces the coupon yield payment

Retrieved on: 
Thursday, December 23, 2021

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 (December 23, 2021): 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-003-05 series in the amount of 329,100,000 rubles.
  • Non-convertible interest-bearing certified exchange-traded bonds of PJSC "Magnit" of the BO-003-05 series to the bearer with the obligatory centralized custody, placed under the Program of the exchange-traded bonds with the identification number
    Identifiation number of the securities issue and the date of its assignment:
    4B02-05-60525-P-003P as of December 23, 2019
    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 names 2021 bestsellers

Retrieved on: 
Wednesday, December 22, 2021

Krasnodar, Russia (December 22, 2021): Magnit PJSC (MOEX and LSE: MGNT; the Company, Magnit), one of Russia's leading retailers, announced analytics about consumer demand over the past year and named the top items with the highest sales uplift.

Key Points: 
  • Krasnodar, Russia (December 22, 2021): Magnit PJSC (MOEX and LSE: MGNT; the Company, Magnit), one of Russia's leading retailers, announced analytics about consumer demand over the past year and named the top items with the highest sales uplift.
  • in Magnit stores grew by almost 2.5x in value terms y-o-y, topping the list of goods that the Company considers the symbols of 2021.
  • In total, Magnit stores sold over 5.8 million items of sports nutrition products, with protein bars selling especially fast.
  • In Magnit, customers primarily bought framed swimming pools and related accessories, as well as double size inflatable mattresses.

S&P Global Ratings upgraded Magnit's credit rating to 'BB+' level

Retrieved on: 
Tuesday, December 21, 2021

Founded in 1994, the company is headquartered in the southern Russian city of Krasnodar.

Key Points: 
  • Founded in 1994, the company is headquartered in the southern Russian city of Krasnodar.
  • As of September 30, 2021, Magnit operated 45 distribution centers and 25,315 stores in 3,840 cities and towns throughout 7 federal regions of the Russian Federation.
  • Magnit's local shares are traded on the Moscow Exchange (MOEX: MGNT) and its GDRs on the London Stock Exchange (LSE: MGNT) and it has a credit rating from Standard & Poor's of BB.
  • Magnit does not undertake any obligation to update or revise any forward-looking statement to reflect any change in circumstances.

Magnit and Delivery Club launch thirty-minute express grocery delivery

Retrieved on: 
Monday, December 20, 2021

Krasnodar, Russia (December 15, 2021): Magnit PJSC (MOEX and LSE: MGNT; the Company, Magnit), one of Russia's leading retailers, announces the joint launch of 30-minute express grocery delivery with Delivery Club.

Key Points: 
  • Krasnodar, Russia (December 15, 2021): Magnit PJSC (MOEX and LSE: MGNT; the Company, Magnit), one of Russia's leading retailers, announces the joint launch of 30-minute express grocery delivery with Delivery Club.
  • Delivery Club app users have access to an assortment of about 5,000 items from Magnit stores.
  • We are glad that we are able to effectively combine the strengths of Delivery Club and Magnit, namely reliable 30-minute delivery and a wide assortment at affordable prices.
  • Previously, Magnit and Delivery Club launched express delivery within from 30 to 45 minutes from more than 2,500 stores of the Company in over 90 cities of Russia.

Magnit announces the EGM results

Retrieved on: 
Monday, December 20, 2021

As of September 30, 2021, Magnit operated 45 distribution centers and 25,315 stores in 3,840 cities and towns throughout 7 federal regions of the Russian Federation.

Key Points: 
  • As of September 30, 2021, Magnit operated 45 distribution centers and 25,315 stores in 3,840 cities and towns throughout 7 federal regions of the Russian Federation.
  • In accordance with the unaudited IFRS 16 management accounts results for 9M 2021, Magnit had revenues of RUB 1,311.5 billion and an EBITDA of RUB 151.4 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 to build greenhouses for growing strawberries and blueberries

Retrieved on: 
Monday, December 20, 2021

Krasnodar, Russia (December 16, 2021): Magnit PJSC (MOEX and LSE: MGNT; the Company, Magnit), one of Russia's leading retailers, announces the construction of a berry production facility.

Key Points: 
  • Krasnodar, Russia (December 16, 2021): Magnit PJSC (MOEX and LSE: MGNT; the Company, Magnit), one of Russia's leading retailers, announces the construction of a berry production facility.
  • The new complex will have an area of 16 hectares, with 6 hectares allocated for garden strawberries and 10 hectares for blueberries, which will allow growing 1,229 tonnes of strawberries and 95 tonnes of blueberries per year.
  • The facility is set to become the largest complex in Russia with an artificial supplementary lighting system for strawberries and advanced agricultural techniques.
  • "Consumption of strawberries and blueberries in Russia is below the global average, and we see significant potential for the development of these products in Magnit.

Magnit starts implementing AI-powered customer offering personalization

Retrieved on: 
Monday, December 20, 2021

Krasnodar, Russia (December 14, 2021): Magnit PJSC (MOEX and LSE: MGNT; the Company, Magnit), one of Russia's leading retailers started introducing customer-specific promo offers.

Key Points: 
  • Krasnodar, Russia (December 14, 2021): Magnit PJSC (MOEX and LSE: MGNT; the Company, Magnit), one of Russia's leading retailers started introducing customer-specific promo offers.
  • Using specially tailored AI-powered algorithms, Magnit will manage thousands of microsegments comprising its audience and provide them with the most relevant promotions through a number of different communication channels.
  • The Company plans to roll out its CVM (Customer Value Management) tools in 2022.
  • Magnit plans to actively engage its suppliers in creating personalized offers, ensure joint support for their promotions, and increase sales of their products.

Magnit announces the coupon yield payment

Retrieved on: 
Wednesday, December 1, 2021

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 (December 1, 2021): Magnit PJSC (MOEX and LSE: MGNT; the Company), one of Russia's leading retailers, announces the 1st coupon yield payment against bonds.
  • Please be informed that today PJSC Magnit fulfilled its obligation of the 1st coupon yield payment against bonds of the BO-001P-05 series in the amount of 351,500,000 rubles and the 1st coupon yield payment against bonds of the BO-002P-04 series in the amount of 351,500,000 rubles.
  • Non-convertible interest-bearing uncertified exchange-traded bonds of PJSC "Magnit" of the BO-001P-05 series with centralized registration of rights, placed under the Program of the exchange-traded bonds with the identification number
    Non-convertible interest-bearing uncertified exchange-traded bonds of PJSC "Magnit" of the BO-002P-04 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:
    4B02-05-60525-P-001P as of May 27, 2021
    4B02-04-60525-P-002P as of May 27, 2021
    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:

Vending Kiosks Sales within Interactive Kiosk Market to Grow by 1.8x

Retrieved on: 
Monday, November 29, 2021

With sales increasing at 5.3% CAGR, the total interactive kiosk market size is projected to top US$ 48.5 Bn by 2031.

Key Points: 
  • With sales increasing at 5.3% CAGR, the total interactive kiosk market size is projected to top US$ 48.5 Bn by 2031.
  • Based on product type, vending kiosks are expected to account for 42% of the total interactive kiosks market share over the forecast period.
  • Sales of self-service kiosks are projected to increase by 1.8x, reaching US$ 9 Bn in 2031
    Technological advancements such as GPS-based interactive kiosks and tele-kiosks are expected to drive sales.
  • To learn more about Interactive Kiosk Market, you can get in touch with our Analyst at
    Leading players operating in the global interactive kiosk market are expanding their product offerings by introducing interaction technologies.