OREANDA-NEWS. June 14, 2012. OJSC "Magnit" (the "Company"; MICEX and LSE: MGNT) announces 31.80% retail sales growth in rubles in May 2012.

During 5M 2012 the Company opened (net) 304 stores. The total store base reached 5,613 stores (5,196 convenience stores, 96 hypermarkets, 5 "Magnit Family" stores and 316 cosmetics stores). Preliminary consolidated unaudited net retail revenue (excl. VAT) in 5M 2012 increased by 32.28% in ruble terms (compared to 5M 2011) and stood at 171,022.40 million rubles.

May 2012 Key Operating and Financial Highlights:

 

May 2012

May 2011

Growth Rate

5M 2012

5M 2011

Growth Rate

 

Number of opened stores, NET

83

86

n/a

304

308

n/a

 

convenience stores

54

81

n/a

190

280

n/a

 

hypermarkets

3

2

n/a

6

13

n/a

 

magnit family

-

-

n/a

2

-

n/a

 

cosmetics stores

26

3

n/a

106

15

n/a

 

Total number of stores

5,613

4,363

n/a

5,613

4,363

n/a

 

convenience stores

5,196

4,282

n/a

5,196

4,282

n/a

 

hypermarkets

96

63

n/a

96

63

n/a

 

magnit family

5

1

n/a

5

1

n/a

 

cosmetics stores

316

17

n/a

316

17

n/a

 

Selling space, thousand sq. m.

2,079.26

1,571.42

32.32%

2,079.26

1,571.42

32.32%

 

convenience stores

1,705.32

1,369.66

24.51%

1,705.32

1,369.66

24.51%

 

hypermarkets

294.07

196.79

49.43%

294.07

196.79

49.43%

 

magnit family

6.20

1.47

n/a

6.20

1.47

n/a

 

cosmetics stores

73.68

3.50

n/a

73.68

3.50

n/a

 

 

May 2012

May 2011

Growth Rate

5M 2012

5M 2011

Growth Rate

Net retail sales, million RUR

35,937.22

27,267.44

31.80%

171,022.40

129,292.70

32.28%

convenience stores

29,679.12

23,658.49

25.45%

141,778.49

113,468.44

24.95%

hypermarkets

5,752.08

3,566.07

61.30%

27,017.23

15,667.08

72.45%

magnit family

162.84

28.01

n/a

618.09

124.13

n/a

cosmetics stores

343.19

14.87

n/a

1,608.59

33.06

n/a

Net retail sales, million USD

1,172.04

978.33

19.80%

5,664.98

4,496.93

25.97%

 

convenience stores

967.94

848.85

14.03%

4,696.30

3,946.55

19.00%

 

hypermarkets

187.60

127.95

46.62%

894.92

544.92

64.23%

 

magnit family

5.31

1.00

n/a

20.47

4.32

n/a

 

cosmetics stores

11.19

0.53

n/a

53.28

1.15

n/a