date:Apr 24, 2013
ings before interest, taxation, depreciation and amortisation (EBITDA) grew 25.2 percent to $401.6 million, giving a 9.31 percent margin versus 9.65 percent a year ago.
Magnit has been opening low-price convenience stores in small regional cities, targeting low-income consumers, and has grown into Russia's largest food store chain by store count.
Its shares slipped 0.87 percent in Moscow by 0903 GMT, having risen by around 30 percent so far this year.