10 March 2015
Analyst and investor conference call
Financial results for the full year 2014
THURSDAY, 12 MARCH 2015
St-Petersburg, Russia; 10 March, 2015 – Lenta Ltd, (LSE, MOEX: LNTA) (“Lenta”), one of the largest retail chains in Russia, is pleased to announce it will release its IFRS Financial Results for the full 2014 year on 12 March 2015. Lenta will also host an Analyst and Investor Conference Call on the same day to discuss the results.
Conference call details:
Date: Thursday, 12th March 2015
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 0978
- +44(0)20 3427 1900 (local access)
- 0800 279 4992 (toll free)
- +1 212 444 0896 (local access)
- 1877 280 2342 (toll free)
Conference ID: 8017807 or quote the conference call title: “Lenta Ltd. FY 2014 financial results”
The financial results for the full year ended 31 December 2014 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
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 2014 sales). The Company was founded in 1993 in St. Petersburg. Lenta operates 110 hypermarkets in 61 cities across Russia and 24 supermarkets in Moscow and the Moscow region, with a total of approximately 715,186 sq.m. of selling space. The average Lenta hypermarket store has selling space of approximately 6,300 sq.m. The Company operates four hypermarket 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 35,100 people as of 31 December 2014.
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 here.