Magnit at a glance

Magnit is one of Russia’s leading food retail chains founded in 1994 in Krasnodar. Today, it is the country’s largest retail operator by the number of stores and geographical coverage.

Magnit is the only food retailer in Russia with its own food production capacities. It operates 20 production facilities, including six agricultural and 14 dry food and confectionery complexes.

Magnit is continuously developing its own logistics infrastructure while also testing new logistics formats. Today, the Company operates 44 distribution centres and over 5,000 trucks, making up one of Russia’s largest in-house fleets.

Our multiformat model includes convenience and drogerie stores, supermarkets and pharmacies under the Magnit and DIXY brands. Customers can also shop across the Company’s formats online, choosing between regular or express delivery options.

The Magnit Group includes, inter alia, PJSC Magnit and its subsidiaries JSC Tander, JSC DIXY Ug, Selta LLC and Retail Import LLC.

JSC TanderJSC DIXY UgSelta LLCRetail ImportLLCPJSC Magnit
27,40527,405
stores across 67 regions of Russia and in the Republic of Uzbekistan
361361 thous. 
employees as at 31 December 2022
395395 thous.
tonnes of in-house produce in 2022
>1616 mln
customers daily
>6868 mln
loyalty card holders

Key highlights

Number of stores
18,34820,72521,56427,40526,07720182019202020222021
Headcount, thous.
29630831636135720182019202020222021
Number of tickets, mln
4,3704,6904,6415,9325,14720182019202020222021
Revenue, RUB bln
1,2371,3691,5542,3521,8568.210.613.526.719.520182019202020222021RevenueRevenue growth YoY, %
EBITDA margin, %
7.26.17.06.87.220182019202020222021
Net income margin, %
2.71.22.41.42.820182019202020222021
Note: financial metrics are provided in accordance with IAS 17.