14 April 2014
First quarter 2014 conference call
ANALYST AND INVESTOR CONFERENCE CALL
SALES AND OPERATING RESULTS FOR THE FIRST QUARTER 2014
THURSDAY, 17 APRIL 2014
St-Petersburg, Russia; 14 April, 2014 – 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 first quarter of 2014 on 17 April 2014. Lenta will also host an Analyst and Investor Conference Call on the same day to discuss the results.
Conference call details:
Date: Thursday, 17 April 2014
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:
0800-358-5263 (toll free)
+1-877-941-6013 (toll free)
Conference ID: 4678560 or quote the conference call title: “Lenta First Quarter 2014 Sales and Operating results”.
The sales and operating results press release will be published at 10:00 AM Moscow 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
Mark Walter & Tony Friend
+44 20 7457 2020
+44 (0)20 7457 2015 Leonid.Fink@instinctif.com
+7 495 660 05 91
Lenta is one of the largest retail chains in Russia and the country’s second largest hypermarket chain (in terms of 2013 sales). The Company was founded in 1993 in St. Petersburg. Lenta operates 80 hypermarkets in 45 cities across Russia and 10 supermarkets in Moscow and the Moscow region, with a total of approximately 526,000 sq.m. of selling space. The average Lenta hypermarket store has selling space of approximately 6,400 sq.m. The Company operates four distribution centres that service hypermarkets and one dedicated to supermarkets.
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 27,800 people as of 31 December 2013.
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, the European Bank for Reconstruction and Development and VTB Capital Private Equity, all of whom 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 can be seen at: http://www.lentainvestor.com/about/lenta-video