Magnit Announces 28.74% Retail Sales Growth in Rubles for November
OREANDA-NEWS. OJSC “Magnit”, Russia’s largest retailer (the “Company”; MICEX and LSE: MGNT) announces 28.74% retail sales growth in rubles for November 2013.
During November 2013 the Company opened (net) 181 stores. The total store base reached 7,920 stores (7,060 convenience stores, 152 hypermarkets, 34 “Magnit Family” stores and 674 cosmetics stores).
Preliminary consolidated unaudited net retail revenue (excl. VAT) in 11M 2013 increased by 30.05% in ruble terms (compared to 11M 2012) and stood at 515,904.45 million rubles.
November and 11M 2013 Key Operating and Financial Highlights:
November 2013 |
November 2012 |
Growth Rate |
11М 2013 |
11М 2012 |
Growth Rate | |
Number of opened stores, NET |
181 |
196 |
n/a |
1,036 |
1,168 |
n/a |
convenience stores |
180 |
122 |
n/a |
1,014 |
747 |
n/a |
hypermarkets |
2 |
4 |
n/a |
26 |
23 |
n/a |
Magnit family |
2 |
3 |
n/a |
14 |
14 |
n/a |
cosmetics stores |
(3) |
67 |
n/a |
(18) |
384 |
n/a |
Total number of stores |
7,920 |
6,477 |
n/a |
7,920 |
6,477 |
n/a |
convenience stores |
7,060 |
5,753 |
n/a |
7,060 |
5,753 |
n/a |
hypermarkets |
152 |
113 |
n/a |
152 |
113 |
n/a |
Magnit family |
34 |
17 |
n/a |
34 |
17 |
n/a |
cosmetics stores |
674 |
594 |
n/a |
674 |
594 |
n/a |
Selling space growth, th. sq.m. |
59.03 |
68.04 |
n/a |
384.62 |
422.41 |
n/a |
convenience stores |
50.34 |
38.40 |
n/a |
295.84 |
250.25 |
n/a |
hypermarkets |
6.87 |
10.80 |
n/a |
72.44 |
70.04 |
n/a |
Magnit family |
2.12 |
3.10 |
n/a |
15.67 |
16.56 |
n/a |
cosmetics stores |
(0.36) |
15.77 |
n/a |
0.67 |
85.57 |
n/a |
Selling space, eop, th. sq. m. |
2,933.87 |
2,392.58 |
22.62% |
2,933.87 |
2,392.58 |
22.62% |
convenience stores |
2,273.29 |
1,888.08 |
20.40% |
2,273.29 |
1,888.08 |
20.40% |
hypermarkets |
460.06 |
348.48 |
32.02% |
460.06 |
348.48 |
32.02% |
magnit family |
40.03 |
20.36 |
96.63% |
40.03 |
20.36 |
96.63% |
cosmetics stores |
160.49 |
135.66 |
n/a |
160.49 |
135.66 |
n/a |
Net retail sales, million RUR |
50,201.24 |
38,993.84 |
28.74% |
515,904.45 |
396,706.95 |
30.05% |
convenience stores |
38,839.35 |
31,434.86 |
23.56% |
403,669.14 |
324,341.21 |
24.46% |
hypermarkets |
9,221.44 |
6,484.24 |
42.21% |
92,954.33 |
65,289.62 |
42.37% |
magnit family |
1,054.98 |
467.08 |
125.87% |
9.037.65 |
2,366.57 |
281.89% |
cosmetics stores |
1,085.48 |
607.66 |
n/a |
10,243.32 |
4,709.56 |
n/a |
Net retail sales, million USD |
1,537.74 |
1,241.56 |
23.86% |
16,248.50 |
12,745.40 |
27.49% |
convenience stores |
1,189.71 |
1,000.88 |
18.87% |
12,713.63 |
10,420.43 |
22.01% |
hypermarkets |
282.47 |
206.46 |
36.82% |
2,927.61 |
2,097.62 |
39.57% |
magnit family |
32.32 |
14.87 |
117.29% |
284.64 |
76.03 |
274.37% |
cosmetics stores |
33.25 |
19.35 |
n/a |
322.62 |
151.31 |
n/a |
Комментарии