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Investegate |MAGNIT PJSC Announcements | MAGNIT PJSC: Magnit reports 9.6% total sales growth, 5.2% LFL sales growth and 7.1% EBITDA margin in 2Q 2021


Key events in 2Q 2021 and after the Reported Period
Magnit completed its strategic acquisition of the DIXY retail chain comprising 2,477 stores in Russia significantly strengthening competitive positions in the Moscow and St. Petersburg markets;
A new Board of Directors consisting of nine members, including five independent non-executive directors, were elected at the Company s AGM. For the fourth consecutive year Charles Ryan was elected a Chairman of the Board of Directors;
The Board called an EGM with a view to increasing the size of the Board of Directors from 9 to 11 members;
Magnit announced FY 2020 dividends of c. RUB 25 billion or RUB 245.31 per one ordinary share bringing the total dividend payment to RUB 50 billion (RUB 490.62 per ordinary share), which is 61% higher than in the previous year; ....

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Strauss Group wraps up Q1 2021 with stable revenues and an increase in profit and profit margins


Strauss Group wraps up Q1 2021 with stable revenues and an increase in profit and profit margins
USA - English
The international food corporation recorded NIS 2.06 billion in revenue, reflecting an organic decrease[1] of 0.4%; impressive growth in Strauss Water s revenues; a profit of NIS 30 million from investees in the Group s FoodTech incubator following funding rounds by three companies
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PETAH TIKVA, Israel, May 25, 2021 /PRNewswire/ This morning, Strauss Group (TASE: STRS) published its GAAP and non-GAAP financial statements for the first quarter of 2021. Similar to the results for FY 2020, the results for the current quarter were largely impacted by the COVID-19 pandemic, which transformed the patterns of our lives, the economy and consumption everywhere in the world. Like other international food corporations, the first quarter of 2020 was marked by increased consumption of food products as lar ....

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