Revenue of Russias Lenta rises 16.6% to 99.8 bln rbl in AprJun - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Revenue of Russias Lenta rises 16.6% to 99.8 bln rbl in AprJun

MOSCOW, Jul 24 (PRIME) -- The revenue of Russian retailer Lenta rose 16.6% on the year to 99.775 billion rubles in AprilJune, the company said in a statement on Tuesday.

Sales of Lenta hypermarkets went up 14.8% to 93.518 billion rubles, and sales of supermarkets rose 51.5% to 6.257 billion rubles.

Like-for-like sales increased 3.5% in the period.

The company also said it planned to report JanuaryJune financial results calculated under International Financial Reporting Standards (IFRS) on August 29, but based on preliminary estimates, Lenta expected its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) to rise 10% on the year in the period, and the adjusted EBITDA margin to amount to about 8.9%.

For further details, see the companys statement on its official website:

http://www.lentainvestor.com/en/files/file/view/id/1262

(63.1957 rubles U.S. $1)

End

24.07.2018 10:18
 
 
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