MOSCOW (Reuters) – Russian electronics retailer M.Video said its adjusted net loss shrunk 10.2% in 2022 to 6.7 billion roubles ($83 million), as overall sales fell because of economic uncertainty.
The company said revenue was down 15.5% to 402.5 billion roubles in results presented under International Accounting Standard 17.
Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) rose 69.5% to 15.5 billion roubles, the company said.
($1 = 80.4000 roubles)
(Reporting by Olga Popova; Editing by Christian Schmollinger)
