11 October 2017
3Q 2017 sales and operating results conference call
ANALYST AND INVESTOR CONFERENCE CALL
SALES AND OPERATING RESULTS FOR THE THIRD QUARTER OF 2017
St-Petersburg, Russia; 11 October, 2017 – Lenta Ltd, (LSE, MOEX: LNTA) (“Lenta”), one of the largest retail chains in Russia, is pleased to announce it will release its consolidated sales and operating results for the third quarter of 2017 on 19th October 2017. Lenta will also host an Analyst and Investor Conference Call on the same day to discuss the results.
Conference call details:
Date: Thursday, 19th October 2017
Time: 17:00 (Moscow time), 15:00 (UK time), 10:00 (EST)
Jan Dunning, Chief Executive Officer
Jago Lemmens, Chief Financial Officer
Albert Avetikov, Director for Investor Relations
To participate in the conference call, please dial:
- +7 495 213 1767 (Local access)
- +44 330 336 9105 (Local access)
- 0800 368 0935 (Toll free)
- + 1 719 325 4787 (Local access)
- 866 564 2842 (Toll free)
Conference ID: 8186591 or quote the conference call title: “Lenta 3Q sales and operating results”
The consolidated sales and operating results for the third quarter ended 30 September 2017 and respective presentation will be published at 10:00am Moscow time (08:00am UK time) and will be available at www.lentainvestor.com
For further information please visit www.lentainvestor.com, or contact:
Director for Investor Relations
+7 812 363 28 44
Lenta is the largest hypermarket chain in Russia (in terms of selling space) and the country’s fourth largest retail chain (in terms of sales as of 1Q2017). The Company was founded in 1993 in St. Petersburg. Lenta operates 201 hypermarkets in 79 cities across Russia and 65 supermarkets in Moscow, St. Petersburg, Novosibirsk, Yekaterinburg and the Central region with a total of approximately 1,203,497 sq.m of selling space. The average Lenta hypermarket store has selling space of approximately 5,700 sq.m. The average Lenta supermarket store has selling space of approximately 900 sq.m. The Company operates seven owned distribution centres.
The Company’s price-led hypermarket formats are differentiated in terms of their promotion and pricing strategies as well as their local product assortment. The Company employed approximately 45,689 people as of 31 December 20161.
The Company’s management team combines a mix of local knowledge and international expertise coupled with extensive operational experience in Russia. Lenta’s largest shareholders include TPG Capital and the European Bank for Reconstruction and Development, both of which are committed to maintaining high standards of corporate governance. Lenta is listed on the London Stock Exchange and on the Moscow Exchange and trades under the ticker: ‘LNTA’.
A brief video summary on Lenta’s business and its Big Data initiative can be seen here.