January 26, 2018 / 1:10 PM / 3 months ago

BRIEF-Russia's Magnit sees sales rising 7-9 pct in 2018

Jan 26 (Reuters) - Russian food retailer Magnit says:

* Sees sales rising 7-9 percent in rouble terms in 2018;

* Plans to open 1,500 convenience stores in 2018 as well as 700 cosmetics stores and 20 hypermarkets and Magnit Family stores;

* Number of refurbished stores seen at 1,200;

* Sees capital expenditures at 55 billion roubles ($984.4 million) in 2018. Source text for Eikon: Further company coverage: ($1 = 55.8725 roubles) (Reporting by Moscow Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below