Russia's Magnit reports 33 pct sales growth in June
summary：Russia's biggest food retailer Magnit said on Wednesday its sales grew 32.8 percent in June year-on-year, accelerating from a 28.7 percent rise in the previous month....
Russia's biggest food retailer Magnit said on Wednesday its sales grew 32.8 percent in June year-on-year, accelerating from a 28.7 percent rise in the previous month.Magnit said its sales totalled 63 billion roubles ($1.9 billion) in June, bringing its six-months result to 349 billion, an increase of 27.9 percent in rouble terms on the same period of 2013 and compared with the company's 22-24 percent growth target for 2014 as a whole. ($1 = 34.1380 Russian Roubles)