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Magnit 1H14 IFRS numbers [EMBIN (Emerging Markets Business Information News](EMBIN (Emerging Markets Business Information News) Via Acquire Media NewsEdge) Magnit has reported a full set of 1H14 IFRS numbers, with minor deviation from the previously reported P&L highlights. Working capital was negative for 1H14, at -1.1% of sales; purchasing terms did not deteriorate at the expense of working capital days. Capex for 1H14 was USD 580mn, accounting for 37% of the FY14 company guidance of USD 1.6-1.8bn, which is comparable with previous years. (c) 2014 EMBIN (Emerging Markets Business Information News) Provided by SyndiGate Media Inc. (Syndigate.info). |