Magnit, the grocery retailer, received revenue of RUB 272.8bn ($8.2bn) in H1 2013, a growth of 31.42% year on year. Net profit rose by 39.67% year on year to RUB 14.5bn ($436m). EBITDA grew by 34.34% to RUB 27.6bn ($829.4m).
In January-June 2013, Magnit opened 532 new outlets, including 506 convenience stores, 12 hypermarkets, six mini-hypermarkets under the banner of Magnit Semeyny, and eight cosmetics stores. On 30 June 2013, the total company store count included 7,416 units (6,552 convenience stores, 138 hypermarkets, 26 Magnit Semeyny shops and 700 Magnit Kosmetik outlets).
Source: www.russiaretail.com