Lenta net profit to IFRS down 11% in 2018 to 11.8 bln rubles

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Lenta net profit to IFRS down 11% in 2018 to 11.8 bln rubles

MOSCOW. Feb 22 (Interfax) - Retailer Lenta saw net profit to International Financial Reporting Standards (IFRS) fall 11.1% in 2018 compared with 2017 to 11.794 billion rubles, the company said in a statement.

EBITDA was up 2% to 36.194 billion rubles, while EBITDA margin totaled 8.8% compared with 9.7% a year before.

Lenta revenue grew 13.2% to 413.562 billion rubles.

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