Public Joint Stock Company Magnit Announces the Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2017; Provides Earnings Guidance for the Full Year of 2018
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%.