Magnit grows

FMCG-retailer “Magnit” has published results of its financial activity within October and 10 months in 2013. In October revenues of the retailer have increased by 26.73% — up to 48.6 billion rubles. During this period the company has earned 465.7 billion rubles. It is by 30.19% more than during the same period last year.
During October, 2013 the company opened 93 new stores. The overall amount of stores in the chain equals 7,739.
Following the results of 2013 “Magnit” plans to increase its revenues by 28-29%.

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