Sberbank - Magnit PJSC Sponsored GDR RegS (5M71) CIS Market Daily - July 24, 2017

Report

Sberbank

Alexander Kudrin

CIS Market Daily - July 24, 2017

> Trader's comment on Russian market
> Market comment - OPEC and sanctions in focus amid an already anemic outlook
> US House looks set to approve Russia sanctions bill as soon as tomorrow
> Norilsk Nickel block sale triggers free float increase from MSCI
> Sharp uptick in EM inflows with Russia lagging peers
> Novatek's capex to rebound in 2Q17
> Magnit 2Q17 IFRS results: Top-line acceleration; ambitious rollout plans

24/07/2017 15 EN

Underlying

Magnit PJSC Sponsored GDR RegS

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US55953Q2021 Russia

Provider

Sberbank

Sberbank CIB Investment Research is a research firm offering equity, fixed income, economics, and strategy research. It covers analysis on all aspects of Russia’s capital markets, issues and industries. The firm analyzes trends in Russia and combines local knowledge with a global perspective. It processes macroeconomic data, market and company-specific news, stock quotes and other information for providing research reports. The firm provides details and latest prices on the most traded names and most traded paper on all segments Russian market. In strategy research, it provides thematic research, tips and descriptions of the methodology used to evaluate companies.

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Analysts

Alexander Kudrin

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CIS Market Daily - July 24, 2017

Cancellation of the listing and admission to trading of the GDRs representing PJSC Magnit shares from the London Stock Exchange

Magnit reports 38.2% total sales growth (19.1% adjusted for the Dixy acquisition) and 7.0% EBITDA margin in 1H 2022

Magnit has notified the Custodian of the need to conduct automatic conversion of its GDRs

Russian Consumer - Unemployment and Income: The Outlook for 2022

Russian Banks - What We Know at This Stage

CIS Market Daily - March 24, 2022

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