MAGNIT fails to live up to 2016 expectations

11 January 2017 (Updated: 10:49 GMT)
Ahead of its official full-year results announcement on 27 January, leading Russian retailer Magnit has released preliminary figures. For the FY 2016, net sales amounted to RUB1.069 trillion (USD16.5 billion), which is an increase of 12.81% compared to 2015...