Russia’s Magnit keeps revenue growth forecast for 2017 at 9–13%
MOSCOW, Mar 24 (PRIME) -- Russian retailer Magnit has maintained its 2017 revenue guidance at 9–13%, CFO Khachatur Pombukhchan said at a conference call on Friday.
“We gave a 9–13% guidance for 2017. We have no plans to change the guidance so far. We traditionally change the sales guidance at a meeting of (owner Sergei) Galitsky with investors in Krasnodar in the middle of the year,” Pombukhchan said.
He also said that the company has no reason to revise its earnings before interest, taxes, depreciation and amortization margin for 2017 from 9.5–10.5%.
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24.03.2017 17:58