23 October 2019
Conference call on 3Q 2019 operating results
St-Petersburg, Russia; 23 October, 2019 – Lenta Ltd, (LSE, MOEX: LNTA) (“Lenta”), one of the largest retail chains in Russia, is pleased to announce it will release its sales and operating results for the third quarter of 2019 on 28th October 2019. Lenta will also host an Analyst and Investor Conference Call on the same day to discuss the results.
Conference call details:
Date: Monday, 28th October 2019
Time: 16:00 (Moscow time), 14:00 (UK time), 09:00 (EST)
Herman Tinga, Chief Executive Officer
Rud Pedersen, Chief Financial Officer
Albert Avetikov, Director for Investor Relations
To participate in the conference call, please dial:
- +7 499 609 1260 (Local access)
- 8 800 100 3687 (Toll free)
- +44 (0) 330 027 1446 (Local access)
- 0800 756 3333 (Toll free)
- +1 334-777-6978 (Local access)
- 800 367 2403 (Toll free)
Conference ID: 1394409 or quote the conference call title: “Lenta 3Q 2019 Operating Results”
The consolidated sales and operating results for the second quarter of 2019 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 and the country’s fourth largest retail chain. The Company was founded in 1993 in St. Petersburg. Lenta operates 246 hypermarkets in 88 cities across Russia and 129 supermarkets in Moscow, St. Petersburg, and the Siberia, Urals and Central regions, with a total of approximately 1,471,647 sq.m. of selling space. The average Lenta hypermarket store has selling space of approximately 5,500 sq.m. The average Lenta supermarket store has selling space of approximately 800 sq.m. The Company operates 12 distribution centers.
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 50,509 people as of 30 June 20191.
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 Severgroup, which is 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 1H2019 was 51,470 employees