Stock market news

Izhstal

Izhstal's RAS net profit for 6 months of 2023 amounted to ₽1.264 billion, down 2.3 times from ₽2.912 billion in the previous year. Revenue fell 11.4% to ₽15.411 billion against ₽17.393 billion a year earlier.

Tatneft

The Board of Directors Tatneft recommended to pay dividends for 6 months of 2023 in the amount of ₽27.54 per ordinary and preferred share. The last day to purchase securities for dividends is October 10, 2023. The dividend yield on the common stock could be 4.7% and on the preferred stock could be 4.8%.

X5 Group

X5 Retail Group notified the Federal Antimonopoly Service on August 14 that it had closed the deal to purchase Victoria Baltia, which operates Victoria stores in the Kaliningrad Region, Moscow and Moscow Region, Deshevo stores in the Kaliningrad Region, as well as two distribution centers and a CASH hypermarket in Kaliningrad. In the deal perimeter there are...

Chelyabinsk Iron and Steel Works

Chelyabinsk Metallurgical Plant's RAS loss for 6 months of 2023 amounted to ₽10.942 billion, against a profit of ₽29.935 billion in the previous year. Revenue fell 19.6% to ₽79.162 billion compared to ₽98.448 billion a year earlier.

MOEX Group (Moscow Exchange)

NCC and NSD made dividend payments of ₽16 billion and ₽5.8 billion, respectively, to Moscow Exchange in the second quarter. Moscow Exchange paid only half of this amount to its shareholders, allocating ₽11 billion, or ₽4.84 per share, to dividends for 2022, which amounted to 30.3% of IFRS net income. Under the current dividend policy, Moscow Exchange is requ...

Home Depot

Home Depot's GAAP net income for 6 months of 2023 was $8.532 billion, down 9.3% from $9.404 billion in the prior year. Revenue fell 3.1% to $80.173 billion from $82.7 billion a year earlier.

X5 Group

Chain of hard discounters Chizhik opened its first stores in Rostov region and Krasnodar region, as well as the chain's distribution center in Krasnodar. By the end of August, 22 stores will open in Rostov region, 30 stores in Krasnodar region, and a total of 49 and 65 Chizhiks will open in these regions respectively in 2023.

Rostelecom

Ministry of Finance has supported the payment of dividends by Rostelecom in the amount proposed by the company, a media source said. Size of dividends is comparable to last year's payments. Rostelecom paid ₽4.56 per ordinary and preferred share for 2021. However, the company's dividend policy assumes a payout of at least ₽5 per share with an annual dividend...

O'Key Group

O'Key's retail net revenue for 6 months of 2023 increased 1.7% to ₽98.463 billion. DA! discounters' revenue increased 19.2% to ₽30.409 billion, with LFL revenue up 3.1%, average check up 3.3% and traffic down 0.2%. Hypermarket revenue decreased 4.6% to ₽68.054 billion, LFL revenue decreased 5.4%, traffic decreased 5.1%, and average check decreased 0.3%. Onli...

X5 Group

X5 Retail Group's IFRS net profit for 6 months of 2023 amounted to ₽36 billion, up 23% from ₽29.261 billion in the previous year. Revenue rose 17.3% to ₽1.468 trillion against ₽1.252 trillion a year earlier.