Detsky Mir says Jan–Sep IFRS net profit rises 13% to 4.6 bln rbl

MOSCOW, Nov 7 (PRIME) -- The net profit of Russian children goods retailer Detsky Mir grew 12.8% on the year to 4.552 billion rubles in January–September, as calculated under International Financial Reporting Standards (IFRS), the company said on Thursday.

The adjusted net profit went up 12% to 4.895 billion rubles.

Earnings before interest, taxes, depreciation and amortization (EBITDA) rose 19.3% to 9.087 billion rubles, adjusted EBITDA for share-based bonuses and executive reward program payments, grew 18.5% to 9.515 billion rubles.

For further details, see the company’s statement on its official website:

https://ir.detmir.ru/en/wp-content/uploads/sites/3/2019/11/9m-2019_IFRS_ENG.pdf

(63.5880 rubles – U.S. $1)

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