MOSCOW, Jul 25 (PRIME) -- Russian retailer Magnit has confirmed its interest, tax, depreciation and amortization (EBITDA) margin guidance for 2019 flat on 2018, CFO Yelena Milinova said at a conference call on Thursday.
“We confirm the EBITDA margin forecast. We will try to reach a EBITDA margin of last year.” Milinova said.
In 2018, Magnit’s EBITDA margin stood at 7.3%. In April–June 2019, it amounted to 7.1% after 7.9% in the same period of 2018.
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