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Magnit PAO (Russia)

Main Activities: Supermarkets and Other Grocery (except Convenience) Stores
Full name: Magnit PAO Profile Updated: August 24, 2020
Buy our report for this company USD 29.95 Most recent financial data: 2019 Available in: English & Russian Download a sample report

Magnit Chain Stores is one of the leading retailers in the sale of food in Russia. Retail chain Magnit works to improve the well-being of its customers, offering them high-quality consumer goods at affordable prices. The company is focused on customers with different levels of income and, therefore, operates in four formats: shop "at home", hypermarket, "Magnet Family" and cosmetics store. The magnet is the leader in the number of grocery stores and the territory of their placement. In 2013, the company's network includes 7,075 stores. Retail stores opened in major cities and in small towns. About two-thirds of the company's stores are located in cities with a population of less than 500,000 people. In addition, the retail chain Magnit is one of the largest employers in Russia. Today, the total number of employees exceeds 185,000 people. The company has been repeatedly awarded the title "Best employer of the year".

Headquarters
Ulitsa Solnechnaya, Dom 15, Korp.5
Krasnodar; Krasnodar Krai; Postal Code: 350072

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Website: http://magnit-info.ru

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
November 12, 2003
Key Executives
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General Director
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Chairman of the Board of Directors
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Deputy General Director
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Member of the Board of Directors
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Member of the Board of Directors
Ownership Details
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18.3388%
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7.6537%
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4.2391%
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0.1442%
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0.0198%
Subsidiaries
Alkotreiding
100%
Retail Import OOO
100%
Tandem OOO
100%
Company Performance
Financial values in the chart are available after Magnit PAO report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency RUB. Absolute financial data is included in the purchased report.
Net sales revenue
-4.73%
Total operating revenue
-4.73%
Operating profit (EBIT)
58.49%
Net Profit (Loss) for the Period
-34.12%
Total assets
35.41%
Total equity
6.38%
Operating Profit Margin (ROS)
239.62%
Net Profit Margin
-44.41%
Return on Equity (ROE)
-0.06%
Debt to Equity Ratio
31.58%
Quick Ratio
-8.88%
Cash Ratio
-0.01%

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