Public Joint Stock Company Magnit announced the earnings results for the fourth quarter and full year ended December 31, 2017. For the fourth quarter, the company's net sales were USD 5,175.75 million as compared to USD 4,513.73 million a year ago. EBITDAR was USD 581.70 million as compared to USD 599.71 million a year ago. EBITDA was USD 382.22 million as compared to USD 436.65 million a year ago. EBIT was USD 231.45 million as compared to USD 327.25 million a year ago. Net income was USD 134.55 million a s compared to USD 213.82 million a year ago.

For the full year, the company's net sales were USD 19,952.69 million as compared to USD 16,033.61 million a year ago. EBITDAR was USD 2,349.15 million as compared to USD 2,181.91 million a year ago. EBITDA was USD 1,572.77 million as compared to USD 1,608.01 million a year ago. EBIT was USD 995.21 million as compared to USD 1,222.76 million a year ago. Net income was USD 608.89 million as compared to USD 811.65 million a year ago.

For the full year of 2018, the company's CapEx is estimated at RUB 55 billion and sales growth estimate is in the range from 7% to 9%.