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Magnit appointed CEO

O.Naumova was appointed as Magnit CEO, the company informed.
She is charged to provide operating management and development of all shops included into the network.

I.Sattarov was affirmed as deputy CEO. He is assumed to control the logistics, entities' maintenance and cooperation with Russian Mail.

Magnit (Krasnodar, TIN 2309085638) is a holding working in the retail trade sector through the shops under the same name. On Sep. 30, 2017 the total number of the shops gained 15.697.

The 2017 net profit (IAS) moved down 34.7% to 35.53bn rub. from 54.409bn rub.; revenues increased 6.37% to 1.143tril rub. from 1.075tril rub.; gross profit - 3% to 304.71bn rub. from 295.76bn rub.; EBITDA declined to 91.78bn rub. from 107.793bn rub.

The IQ 2017 net profit (RAS) declined 1% to 1.24bn rub. from 1.253bn rub.; revenues increased 11.43% to 103.193mln rub. from 92.61mln rub.; gross profit - 13.9% to 90.23mln rub. from 79.23mln rub.; pretax profit dropped 1.3% to 1.551bn rub. from 1.571bn rub.

In 2017 the Company opened 2291 shops to drive the total amount to 16350.

"AK&M", 17:36, 16.05.2018 1251 AKM,COR


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