About the Company

M.Video-Eldorado Group (PJSC “M.video”) is the largest consumer electronic retailer with annual sales over 420 billion rubles. The Group operates M.Video and Eldorado retail brands, and Goods marketplace. The Group is the largest public online-retailer in Russia and the leading internet merchant in consumer electronics.

PJSC “M.video” is the first and only public consumer electronic retailer in Russia. The Company’s shares are traded on the Moscow Stock Exchange (ticker: MVID).

 

M.Video-Eldorado Group Annual Report

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2 July 2020, Moscow, Russia. M.Video-Eldorado Group (PJSC M.Video, MOEX: MVID) has analysed the demand for smartphones in 1H 2020. In June, the Russian smartphone market resumed robust growth after a decline in demand in April and flat year-on-year sales in May. In June, the market was up by 13% in volume terms and by 20% in value terms, with sales higher than in March 2020, before the lockdown was put in place. In 1H 2020, the demand for smartphones in Russia increased by 5% in volume terms and by 7.5% in value terms. In January to June 2020, sales by M.Video-Eldorado Group grew almost seven times faster than the market in volume terms.

July 2, 11:56

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July 28 (21 days left)
2Q&1H 2020 Trading Update
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