RUSSIA: Magnit FY sales up but December slowdown hits shares

By Dean Best | 10 January 2014

Magnit, Russia's largest food retailer by revenue, has booked higher sales for 2013, although a slowdown in the fourth quarter caused its shares to fall today.

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Magnit, Russia's largest food retailer by revenue, has booked higher sales for 2013, although a slowdown in the fourth quarter caused its shares to fall today.

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