16 January 2018
Analyst and investor conference call
ANALYST AND INVESTOR CONFERENCE CALL
4Q AND FULL YEAR 2017 SALES AND OPERATING RESULTS
St-Petersburg, Russia; 16 January, 2018 – Lenta Ltd, (LSE, MOEX: LNTA) (“Lenta”), one of the largest retail chains in Russia, is pleased to announce it will release its consolidated fourth quarter and full year 2017 sales and operating results on 25th January 2018. Lenta will also host an Analyst and Investor Conference Call on the same day to discuss the results.
Conference call details:
Date: Thursday, 25th January 2018
Time: 17:00 (Moscow time), 14:00 (UK time), 09:00 (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 9411 (Local access)
- 0800 279 7204 (Toll free)
- +1 646 828 8193 (Local access)
- 888 378 4439 (Toll free)
Conference ID: 7594875 or quote the conference call title: “Lenta 4Q and FY2017 sales and operating results”
The consolidated sales and operating results for the fourth quarter and full year ended 31 December 2017 and respective presentation will be published at 10:00am Moscow time (07:00am 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 and the country’s fourth largest retail chain. The Company was founded in 1993 in St. Petersburg. Lenta operates 231 hypermarkets in 83 cities across Russia and 97 supermarkets in Moscow, St. Petersburg, Novosibirsk, Yekaterinburg and the Central region with a total of approximately 1,382,477 sq.m of selling space. The average Lenta hypermarket store has selling space of approximately 5,600 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 40,400 people as of 30 June 20171.
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.
1 FTE (full-time equivalent). Average FTE for 1H 2017 was 40,197 employees