Stock market news

Rosseti of the South

Rosseti South's Board of Directors proposed that shareholders issue additional shares for the merger of Rosseti Kuban, whose shares will be converted into Rosseti South securities. Conversion ratio and the number of additional Rosseti South shares to be placed are not yet known. Shareholders will discuss this issue at the meeting on May 15. Securities of sha...

Inter RAO

Board of Directors of Inter RAO recommended that dividends be paid for 2024 in the amount of ₽0.35375651688851 per ordinary share. The last day of the purchase of securities to receive dividends is June 6, 2025. Dividend yield may amount to 9.42%.

Rusagro

Rusagro Group plans to pay dividends for 2024, the company's CFO Anna Stafeeva said at a conference call on the company's 2024 results. At the same time, no dividends are planned for previous periods, because both organic and inorganic growth of the company is a priority and the earned funds are directed to the investment programs of the group, she noted.

Pobedit

Pobedit's RAS net profit for 2024 amounted to ₽264.6 million, down 37.4% from ₽422.5 million in the previous year. Revenue declined 23.3% to ₽3.3 billion against ₽4.3 billion a year earlier.

Rosseti the North Caucasus

Rosseti North Caucasus' RAS loss for 2024 amounted to ₽17.09 billion, up 44.3% from ₽11.84 billion in the previous year. Revenue rose 12.2% to ₽54.4 billion against ₽48.5 billion a year earlier.

Rusagro

Rusagro's IFRS net profit for 2024 amounted to ₽31.6 billion, down 29.5% from ₽44.8 billion in the previous year. Revenue increased 23.2% to ₽340.1 billion against ₽276.1 billion a year earlier.

Alrosa

Alrosa temporarily suspends production at low-profitable deposits. Mining will be suspended at the Verkhne-Munskoe deposit from June 15, and at the alluvial deposits of Khara-Mas and Ochuos in the Anabar River valley from April 1. Their combined production in the 2025 production plan was less than 1 million carats of diamonds or 3% of total production. The s...

Phosagro

PhosAgro Group plans to increase fertilizer production by 6% to 12.5 million tonnes in 2025. In 2024, produced 11.8 million tonnes of fertilizers, which is an absolute record in the company's history.

Rushydro

Generation company RusHydro will be offered ₽17 billion in compensation for shortfall in revenues related to the transition of the Far Eastern Federal District to a price zone for the next three years. Compensation is stipulated by a separate government decree. However, the final decision on the payment will be made by the government commission on the develo...

Rosseti North-West

Rosseti North-West's RAS net profit for 2024 amounted to ₽2.12 billion, compared to a loss of ₽0.35 billion in the previous year. Revenue increased by 11.2% to ₽59.4 billion against ₽53.4 billion a year earlier.