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Magnit - Sales Analysis Snapshot
Business Description
This Report provides a comprehensive Sales & Margin summary analysis for Magnit Tabular results include up to a ten-year history on Sales, EBITDA (Earnings before Interest, Taxes, Depreciation and Amortization), Income before Extraordinary Items and number of Employees. Additional ratios are included for sales growth, earnings and income as a percent of sales and Sales per Employee.
Magnit. The Group's principal activity is retail and distribution of consume goods. It operates in the retail and wholesale sector. The volume of the wholesale activities has decreased and the Group intends to cease its wholesale operations in the near term. The principal retail business operations are carried out through CJSC Tander. Open Joint Stock Company "Magnit" is a holding company for a group of entities that operate in the retail trade under the name "Magnit". The chain of "Magnit" stores is one of the leading operators in the Russian food retail market. As of December 31, 2008 the chain consisted of 2,568 convenience stores and 14 hypermarkets in 856 locations in the Russian Federation. Approximately two-thirds of the Group's stores are located in cities with a population of less than 500 thousand. Most of its stores are located within the Southern, Central and Volga regions. The Company also operates stores in the North-Western and Urals regions.
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