Magnit Q4 20 Earnings Preview - Higher profitability yoy as gross margin should recover
-Magnit is to report Q4 20 IFRS results on February 4-We expect revenue to increase by 10.1% yoy
-Gross margin recovery should again result in higher EBITDA and net income margins yoy
-We do not expect any strong reaction to the results as they seem to continue the trends emerged earlier in 2020
The Institutional Equity Research team of Raiffeisen Bank International AG covers 85 stocks from Austria, Central & Eastern Europe with sell-side research and thus levers our local broker status with excellent company relationships. For corporates in Austria, CEE and Western Europe, we offer co-sponsored research, which includes research coverage and marketing activities to investors. Additionally, through our Spotlight Research product we also shed light on leading European small and micro-caps, seeking greater visibility with investors.
The Institutional Equity Research team consists of roughly 15 analysts, both in Vienna and the CEE countries. Our analysts provide long-standing sector expertise in tandem with profound local market know how and a sectoral approach across the entire region.
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