M.Video Sales Growth Speeds Up to 9%, Online Soars by 55% in 3Q 2017
(World News Russia)

M.Video Sales Growth Speeds Up to 9%, Online Soars by 55% in 3Q 2017 October 18, 2017, Moscow, Russia. PJSC M.video(M.Video, the Company, or the Group), Russia`s largest consumer electronics retailer by revenue(MOEX: MVID), releases today its interim unaudited sales, like-for-like sales, and the network expansion results for the third quarter and nine months ended 30 September 2017. 3Q 2017 Highlights: · Sales increased by 9% and amounted to RUB 58.7 billion (with VAT) · Like-for-Like (LFL) sales grew by 5.8% · Online Based Sales (OBS) increased by 55% 9M 2017 Highlights: · Sales increased by 3.7% and amounted to RUB 157.1 billion (with VAT) · Like-for-like (LFL) sales increased by 0.4% ·...