Lenta IPJSC: Lenta Expands its Own Fleet to Include KAMAZ Compass Trucks (1486303)
November 14 2022 - 2:00AM
UK Regulatory
Lenta IPJSC (LNTA;LENT) Lenta IPJSC: Lenta Expands its Own Fleet
to Include KAMAZ Compass Trucks 14-Nov-2022 / 08:00 CET/CEST
Dissemination of a Regulatory Announcement, transmitted by EQS
Group. The issuer is solely responsible for the content of this
announcement.
-----------------------------------------------------------------------------------------------------------------------
Press Release | St. Petersburg | 14 November 2022
Lenta Expands its Own Fleet to Include KAMAZ Compass Trucks
St Petersburg, Russia, 14 November 2022: Lenta (MOEX: LENT, LSE:
LNTA), one of the largest multi-format retail chains in Russia, has
acquired 22 medium-duty KAMAZ Compass 12 trucks.
The new 5-tonne trucks are first of its brand in Lenta's fleet.
With the trucks already provided by Utkonos, Lenta will now have
more than 100 light- and medium-duty vehicles.
The Company plans to use them instead of leased transport to
deliver goods to small-format stores.
KAMAZ introduced the Compass product family as part of its
efforts to tap into the market for medium-duty trucks. The Compass
12 complies with modern standards for comfort, efficiency and
safety and comes with a Cummins ISF3.8 or ISF4.5, a straight
four-cylinder diesel engine for lower fuel consumption, as well as
a 6-speed manual Fast Gear transmission.
Igor Ovsienko, Lenta's Chief Supply Chain Officer,
commented:
"Our goal is to balance out the amount of trucks of varied
capacity. This will help the Company boost its operating efficiency
and ensure a high level of on-shelf availability at small formats.
After foreign distributors quit the Russian market, it did not take
much time for us to find a local replacement for European
trucks."
For further information, please visit https://corp.lenta.com/ or
contact:
Lenta Lenta
Mariya Filippova
Tatyana Vlasova Head of Public Relations and Government Affairs
Head of Investor Relations maria.filippova@lenta.com
tatyana.vlasova@lenta.com
About Lenta
Lenta IPJSC (LSE: LNTA, MOEX: LENT) is a leading Russian
multi-format food and FMCG retailer. The company operates
hypermarkets, supermarkets, and recently launched a new proximity
store format under the brand Mini Lenta. It also provides customers
the option to shop online via its own Lenta Online services, Online
Partners and the Utkonos platform. Lenta is Russia's largest
hypermarket operator and the fourth largest food retailer overall
by Sales. The company was founded in 1993 in St. Petersburg and as
of 30 September 2022, operated 254 hypermarkets and 557
supermarkets and Lenta Mini stores in over 200 cities and towns
across Russia, with almost 1.78 million square meters of Selling
Space. The average Lenta hypermarket has approximately 5,500 square
meters of Selling Space, the average Lenta supermarket has 800
square meters, and the Mini Lenta format is 500 meters on average.
The company operates 14 distribution centers to supply all its
stores. 2021 Revenues were RUB 484 billion (approximately USD 6.5
billion).
-----------------------------------------------------------------------------------------------------------------------
ISIN: US52634T2006, US52634T1016
Category Code: MSCL
TIDM: LNTA;LENT
LEI Code: 213800OMCE8QATH73N15
Sequence No.: 200526
EQS News ID: 1486303
End of Announcement EQS News Service
=------------------------------------------------------------------------------------
Image link:
https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1486303&application_name=news
(END) Dow Jones Newswires
November 14, 2022 02:00 ET (07:00 GMT)
Lenta IPJSC (LSE:LNTA)
Historical Stock Chart
From May 2024 to Jun 2024
Lenta IPJSC (LSE:LNTA)
Historical Stock Chart
From Jun 2023 to Jun 2024