Investment case

We offer exposure to a sizeable food retail market with potential for further organic expansion and consolidation.

Magnit is one of the largest food retailers in Russia with mature infrastructure, strong customer base, recognisable brand, and growing market share.

We are solidifying our positions and increasing market share through value-accretive organic growth, selective small to mid-size M&As, new format development, upgrade of existing stores and expansion of own production.

We have great potential for further business development, including by enhancing consumer perception and experience, increasing sales density, and expanding consumer offering complimentary to the core business.