2 April 2019
Analyst and Investor Conference Call
St-Petersburg, Russia; 2 Aril 2019 – Lenta Ltd, (LSE, MOEX: LNTA) (“Lenta”), one of the largest retail chains in Russia, will host an Analyst and Investor Conference Call on 2nd April, 2019.
Conference call details:
Date: Tuesday, 2nd Aril 2019
Time: 16:00 (Moscow time), 14:00 (UK time), 09:00 (EST)
Herman Tinga, Chief Executive Officer
Rud Pedersen, Chief Financial Officer
Albert Avetikov, Director for Investor Relations
To participate in the conference call, please dial:
- +7 495 213 1767 (local access)
- 8 800 500 9283 (toll free)
- +44 330 336 9126 (local access)
- 0800 358 6377 (toll free)
- +1 929-477-0448 (local access)
- 888-254-3590 (toll free)
Conference ID: 6587740 or quote the conference call title: “Lenta Analyst and Investor Call”
For further information please visit www.lentainvestor.com, or contact:
Director for Investor Relations
+7 812 363 28 44
Lenta is the largest hypermarket chain in Russia and the country's third largest retail chain. The Company was founded in 1993 in St. Petersburg. Lenta operates 245 hypermarkets in 88 cities across Russia and 135 supermarkets in Moscow, St Petersburg, Central, Siberia and Ural with a total of approximately 1,472,714 sq.m of selling space. The average Lenta hypermarket store has selling space of approximately 5,500 sq.m. The average Lenta supermarket store has selling space of approximately 800 sq.m. The Company operates twelve 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 45,759 people as of 31 December 2018.
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 and the European Bank for Reconstruction and Development, both of which 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 and its Big Data initiative can be seen here.