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Magnit PJSC GDR - Stock Quote MGJCL

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Morningstar's Magnit PJSC GDR Stock Analysis

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Magnit PJSC GDR's Company Profile

Business Description

PJSC Magnit operates in the retail and distribution of consumer goods under the Magnit, the DIXY and the Megamart names. The Group’s retail operations are operated through convenience stores, cosmetic stores, supermarkets and other. The Group’s business operations are located in the Russian Federation and relate primarily to retail sales of consumer goods. The company operates in about 4,000 localities. The company utilizes a multiformat model, which includes convenience and drogerie stores, supermarkets and pharmacies. Aside from commodity sales, it operates a private-label food production business. The company manages several plants for growing vegetables and the production of dry food and confectionery.

15/5, Solnechnaya Street
Krasnodar, 350072, Russian Federation
T +7 8612109810
Sector Consumer Defensive
Industry Discount Stores
Most Recent Earnings
Fiscal Year End Dec 31, 2022
Stock Type
Employees 360,000