Sales and operating results for the fourth quarter and full year of 2015
St-Petersburg, Russia; 25 January, 2016–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 fourth quarter and full year of 2015 on 28th January 2016. Lenta will also host an Analyst and Investor Conference Call on the same day to discuss the results.
Conference call details:
Date:Thursday, 28th January 2016
Time:15:00 (Moscow time), 12:00 (UK time), 07:00 (EST)
Speakers:
Jan Dunning, Chief Executive Officer
Jago Lemmens, Chief Financial Officer
Albert Avetikov, Director for Investor Relations
To participate in the conference call, please dial:
Russia
UK
- +44 20 3427 1916 (local access)
- 0800 279 4992 (toll free)
USA
- +1 212 444 0895 (local access)
- 1 877 280 2296 (toll free)
Conference ID: 4097305or quote the conference call title: “Lenta Ltd. 4Q and FY 2015 Operational results”
The consolidated sales and operating results for the fourth quarter and full year ended 31 December 2015 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:
Lenta
Albert Avetikov,
Director for Investor Relations
+7 812 363 28 44
Albert.Avetikov@lenta.com
Instinctif Partners
UK
Mark Walter & Saule Jandossova
+44 20 7457 2020
Mark.Walter@instinctif.com
Primum
Russian Media:
Alexandra Semenova and Nikolay Konchurkov
Ňel: +7 926 903 9975
NKochurkov@primum.ru
About Lenta
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 140 hypermarkets in 69[1] cities across Russia and 32 supermarkets in Moscow and St. Petersburg, with a total of approximately 882,383 sq.m of selling space. The average Lenta hypermarket store has selling space of approximately 6,100 sq.m. The Company operates five owned 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 38,414 people as of 31st December 2015[2].
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, 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.
[1] According to Lenta’s methodology for calculating number of cities of presence, since 1 May 2015 all cities located in Moscow City and the Moscow region are shown as Moscow, and all cities located in the Leningrad region and St. Petersburg are shown as St. Petersburg.
[2] FTE (full-time equivalent). Average FTE for 2015 was 31,307 employees.
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