Magnit (MGNT) Company Profile - CorporateInformation.com


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Magnit Company Snapshot

Business Description:

Magnit operates in the Grocery stores sector. Magnit OAO (Magnit OJSC) is a Russia-based holding company, which is engaged in the food retail industry. The Company operates the chain of 4,132 convenience stores and 69 hypermarkets in more than 1,200 locations across the Russian Federation. The Company's stores are located within the Southern, Central and Volga Regions, North-Western and Urals Regions. In addition, Magnit OAO has four subsidiaries located in Krasnodar, as well as 64 branches and one representative office. It also is an owner of 11 distribution centers and fleet of 2,642 vehicles. As of April 1, 2011, the Company's major corporate shareholder was JP Morgan Chase Bank, with a stake 29.96%. In our complete report available for purchase the company is compared to: X5 Retail Group N.V., Sonae-SGSP SA and Etablissements Fr. Colruyt SA.

Magnit

Stock Data:

Recent Stock Performance:

Current Price (2/3/2012): 3,379.80
(Figures in Russian Rubles)

1 Week	3.9%	13 Weeks	19.1%

4 Weeks	8.7%	52 Weeks	-12.4%

Magnit Key Data:

Ticker:	MGNT	Country:	RUSSIAN FEDERATION

Exchanges:		Major Industry:	Retailers

		Sub Industry:	Discount Stores

2010 Sales	236,971,511,279 (Year Ending Jan 2011).	Employees:	58,978

Currency:	Russian Rubles	Market Cap:	300,717,951,725

Fiscal Yr Ends:	December	Shares Outstanding:	88,975,073

Share Type:	Ordinary	Closely Held Shares:	37,142,978

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