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5 months ago
BRIEF-Russia's M.video posts 22 pct increase in 2016 net profit
March 22, 2017 / 10:32 AM / 5 months ago

BRIEF-Russia's M.video posts 22 pct increase in 2016 net profit

March 22 (Reuters) - Russian consumer electronics retailer M.video says:

* Full-year 2016 net profit increased 22 percent to 5.546 billion roubles ($95.9 million) from 4.547 billion roubles in 2015

* EBITDA grew 17.1 percent to 10.344 billion roubles from 8.830 billion roubles in 2015

* EBITDA margin rose to 5.65 percent from 5.46 percent in 2015

* Net revenue increased 13.3 percent to 183.219 billion roubles in 2015

* Selling, general and administrative expenses as a percentage of revenue decreased to 20.4 percent in 2016 from 21.4 percent in 2015. Further company coverage: ($1 = 57.8423 roubles) (Reporting by Moscow Newsroom)

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