Magnit sales rise 8.2% in 2018
MAgnit, Friday, Feb 8, 2019
Magnit has reported its Q4 & FY2018 results for the period ended 31 December 2018. For the full year, consolidated net sales increased by 8.2% to RUB1,237 billion (USD19.3 billion). Convenience stores sales increased 8.5% to RUB917.85 billion (USD14.3 billion). Supermarket sales increased 0.6% to RUB207.43 billion (USD3.2 billion). Drugstore sales increased 16.2% and wholesale sales increased by 65.3%.