April 20, 2018 / 7:16 AM / 5 months ago

BRIEF-Russia's Magnit says Q1 net profit down 1.8 pct y/y

April 20 (Reuters) - Russian food retailer Magnit says:

* Q1 net profit totalled 7.4 billion roubles ($120.91 million) against 7.5 billion roubles in Q1 2017

* Q1 EBITDA was 20.5 billion roubles, down 2.4 percent year on year

* Q1 EBITDA margin at 7.10 percent vs 7.86 pct in Q1 2017

* Q1 net sales rose 8.1 percent year on year to 288.6 billion roubles

* Q1 like-for-like sales fell 3.65 percent year on year Source text for Eikon: Further company coverage: ($1 = 61.2026 roubles) (Reporting by Moscow Newsroom)

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