Krasnodar, Russia (October 20, 2017): Magnit PJSC, one of Russia’s leading retailers (MOEX and LSE: MGNT) announces its unaudited 9M 2017 results prepared in accordance with IFRS¹.

During 9M 2017 Magnit added (net) 1,638 stores. The total store base as of September 30, 2017 reached 15,697 stores (11,743 convenience stores, 236 hypermarkets, 196 “Magnit Family” stores and 3,522 drogerie stores). Selling space increased by 15.28% in comparison with 9M 2016 from 4.83 million sq. m. to 5.56 million sq. m.

Revenue increased by 6.4% from 790 billion RUR in 9M 2016 to 841 billion RUR in 9M 2017.

Gross Profit increased from 217 billion RUR in 9M 2016 to 228 billion RUR in 9M 2017. Gross Margin in 9M 2017 was 27.1%.

EBITDA in 9M 2017 was 69 billion RUR. EBITDA margin in the 9M of 2017 was 8.3%. Net Income in 9M 2017 was 28 billion RUR. Net Income Margin in 9M 2017 was 3.3%.

According to Rosstat, CPI for the last 12M (October 2016 — September 2017) was 3.0% compared to 6.4% for the same period in the previous year.

According to Rosstat, food inflation for the last 12M (October 2016 — September 2017) was 2.0% Y-o-Y vs 5.9% for the same period in the previous year.

9M 2017 presentation, which contains additional financial, operational and other data regarding 1H 2017 results, will be published at http://ir.magnit.com/en/shareholder-center/investor-presentation/

Magnit announces unaudited 9M 2017 results