MGNT.ME - Public Joint Stock Company Magnit

MCX - MCX Real-time price. Currency in RUB
8,707.00
-738.00 (-7.81%)
As of 3:15PM MSK. Market open.
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Previous close9,445.00
Open9,470.00
Bid8,705.00 x 2100
Ask8,714.00 x 200
Day's range8,703.00 - 9,488.00
52-week range8,610.00 - 11,476.00
Volume573,253
Avg. volume94,991
Market cap823.35B
BetaN/A
PE ratio (TTM)734.27
EPS (TTM)N/A
Earnings dateN/A
Forward Dividend & YieldN/A (N/A)
Ex-dividend dateN/A
1y target estN/A
  • Reuters4 hours ago

    Russian retailer Magnit says third-quarter net profit halves year-on-year

    Russia's second-biggest food retailer Magnit (MGNT.MM) said on Friday its third-quarter net profit more than halved year-on-year, sending its shares down more than 5 percent. The company, which has more than 15,000 low-cost stores, said net profit fell to 6.9 billion roubles ($120 million) from 14.8 billion a year ago. It gave no reason for the decline but analysts have predicted Magnit would cut prices to attract cash-strapped consumers, which would hurt its profits and margins.

  • Reuters - UK Focus4 hours ago

    Russian retailer Magnit says Q3 net profit halves y-o-y

    Russia's second-biggest food retailer Magnit said on Friday its third-quarter net profit more than halved year-on-year, sending its shares down more than 5 percent. The company, which has more than 15,000 ...

  • Reuters - UK Focusyesterday

    Russia's X5, Magnit and Lenta eyeing Siberian chain Holiday-sources

    MOSCOW, Oct (Shenzhen: 000069.SZ - news) 19 (Reuters) - Russian food retailers X5 , Magnit, and Lenta (Frankfurt: A1XEVQ - news) are in talks with Siberian company Holiday on acquiring parts of its business, two market sources and a source close to Holiday said. Holiday is one of the largest local retailers, with around 500 outlets, including discounters, convenience stores, supermarkets and hypermarkets scattered across seven regions. The company may sell around half its stores to the three retailers to raise cash for repaying debt, the sources said.

  • Reuters - UK Focus2 days ago

    Russia's Magnit in talks to buy Siberian store operator ETK

    MOSCOW, Oct (Shenzhen: 000069.SZ - news) 18 (Reuters) - Russian food retailer Magnit said on Wednesday it was in talks to buy Siberian company ETK which holds lease rights in and around the city of Krasnoyarsk. Magnit and other Russian retailers are making a push into Siberia, having all but saturated closer and more populous parts of the country in the past two decades. The low-cost Magnit, which has around 15,000 stores across Russia, said the deal would allow it to open at least 153 discount stores and three hypermarkets with a total selling space of not less than 62,417 square metres.

  • Reuters - UK Focus3 months ago

    Russia's Magnit trims sales, raises store number guidance

    Russia's second biggest food retailer Magnit lowered its 2017 sales forecast on Friday after a slowdown in the first half but said it would open more low-cost convenience stores than planned previously. ...

  • Reuters - UK Focus3 months ago

    Russia's Magnit says quarterly earnings fall, sales pick up

    Russia's second-biggest food retailer Magnit said on Friday its net profit fell 26 percent year on year in the second quarter but sales growth picked-up. * Net (LSE: 0LN0.L - news) profit decreased to 13.25 billion roubles ($224.6 million) from 17.9 billion roubles in the second quarter of 2016, Magnit said in a statement.

  • Reuters - UK Focus6 months ago

    Russia's Magnit hopes to return to positive same-store sales by Q2-end

    Russia's second-biggest food retailer, Magnit, said on Friday it hoped to return to positive like-for-like sales by the end of the second quarter. Magnit reported earlier on Friday a drop in first-quarter like-for-like sales for the second three-month reporting period in a row.

  • Reuters - UK Focus6 months ago

    Russia's Magnit falls further behind X5 as sales growth falls

    Russia's second-biggest food retailer by revenue, Magnit, said on Friday its first-quarter net profit dropped and sales growth tumbled, highlighting a widening gap in its performance relative to market ...

  • Reuters - UK Focus9 months ago

    Russian retailer Magnit won't chase market leadership over profits

    Russian food retailer Magnit will not sacrifice profit margins for sales, its chief executive said on Friday, predicting revenue growth in the region of 9-13 percent in 2017. Magnit, Russia's biggest retailer by sales since 2013, was overtaken in the fourth quarter of 2016 by X5 Retail Group , which won price-conscious consumers in a tough macroeconomic environment. Sergey Galitskiy, Magnit chief executive and the firm's biggest shareholder, said the company would not sacrifice profitability to regain the leading position.

  • Reuters - UK Focus9 months ago

    X5 overtakes Magnit as Russia's No.1 retailer by sales

    X5 Retail Group reported on Tuesday a 27.5 percent rise in sales in the fourth quarter, overtaking Magnit as Russia's biggest food retailer by revenue: * Q4 net retail sales increased 27.5 percent to 291.3 ...

  • Reuters - UK Focus9 months ago

    Russian retailer Magnit misses 2016 sales forecast

    Russia's biggest food retailer Magnit reported on Tuesday a 12.8 percent increase in 2016 sales, missing its 14-16 percent growth forecast. The low-cost retailer has seen revenue growth slow as competition ...

  • Reuters - UK Focus9 months ago

    Russia's Magnit says 2016 sales up 12.8 pct, below fcast

    Russia's biggest food retailer Magnit reported on Tuesday a 12.8 percent increase in 2016 sales, missing its 14-16 percent growth forecast. Sales rose to 1.1 trillion roubles from 947.8 billion roubles ...

  • Reuters - UK Focus11 months ago

    Retailer Magnit agrees 20 bln rouble loan from Rosbank

    Russian retailer Magnit has arranged a 20 billion rouble loan from Rosbank, the bank said in a statement on Tuesday.

  • Reuters - UK Focuslast year

    Russia's Magnit sees fewer net openings in 2016 than forecast

    Russia's biggest food retailer Magnit is likely to end 2016 with fewer net openings than planned after ramping up closures of inefficient stores, Chief Executive Officer Serge Galitskiy said on Friday....

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