January 26, 2018 / 2:48 PM / 4 months ago

BRIEF-Russia's Magnit says unlikely to pay dividends in 2018

Jan 26 (Reuters) - Russian food retailer Magnit says:

* Magnit is unlikely to pay dividends in 2018, will rethink the dividend issue later in 2018, CFO Khachatur Pombukhchan said on Friday.

* The company sees zero like-for-like sales growth in H2 2018, Pombukhchan said on a conference call. Further company coverage: (Reporting by Moscow Newsroom)

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