RUSSIA: Magnit “satisfied” with FY results
By: just-food.com | 29 March 2010
Russian grocery chain Magnit said it is "satisfied" with its 2009 results as it booked an increase in full-year net income.
just-food articles are only available to registered users and members.
Join now for increased access
There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.
If you’re already a member, login here.

Russian grocery chain Magnit said it is "satisfied" with its 2009 results as it booked an increase in full-year net income.

- Unlimited access to all the latest global food news and insight
- Expert analysis that puts the news into context
- Exclusive interviews with leading industry figures
- Monthly management briefings with detailed analysis on hot topics
- Personalised RSS feeds and email newsletters
- 10-year archive of news, insight and intelligence
- Discounts on just-food market research
- Plus much more
If you’re already a member, login here
More articles related to this one
RUSSIA: Magnit revenues boosted by new stores
Magnit has said that its first half revenues have jumped 31.84% year-on-year, as the company benefited from increased selling space, despite a fall in margins.
RUSSIA: Magnit LFL sales growth accelerates
Russian retailer Magnit said today (12 July) that its like-for-like sales growth had accelerated during the second quarter of the year.
RUSSIA: Russian grocer Kopeika "in sale talks"
Russian retailer Kopeika is in talks with two potential buyers while also eyeing a possible IPO, according to reports.
Market research related to this article
Retailing - Russia
Retailers became less optimistic as they witnessed the worsening scenario of Russian economic recovery at the end of the review period. Despite government optimism, business expect a longer recovery period compared with previous forecasts. The necess...
Retailing in Russia
After years of buoyant growth Russia's retail prospects have worsened as deteriorating macroeconomic conditions and a recessionary environment feed through to weaker demand and declining retail sales. Despite this many retailers and suppliers are con...
Russian Retail Industry Forecast to 2013
Retail is one of the fastest growing industries of the Russian economy. In recent years, Russia has emerged as a leading name among the countries providing most conducive retail environment....













