Stock market news

Rosseti Center and Volga Region

Rosseti Center & Volga's IFRS net income for 3 months of 2023 amounted to ₽6.342 billion, up 33.5% from ₽4.75 billion in the previous year. Revenue increased 15.6% to ₽34.053 billion compared to ₽29.451 billion a year earlier.

Evoqua Water Technologies

Evoqua has completed its merger with Xylem. Evoqua shareholders received 0.48 shares of Xylem for each share of their company. They now own 25% of the combined company.

Xylem

Xylem completed its merger with Evoqua. Evoqua shareholders received 0.48 shares of Xylem for each share of their company. They now own 25% of the combined company.

Softline

Owner of Softline's Russian business, Atalaya LLC, is studying the possibility of exchanging Noventiq global depositary receipts, which are traded on the Moscow Exchange, for Softline shares. The parameters of the exchange, if decided upon, will be announced in the second half of 2023.

Noventiq

Owner of Softline's Russian business, Atalaya LLC, is studying the possibility of exchanging Noventiq global depositary receipts, which are traded on the Moscow Exchange, for Softline shares. The parameters of the exchange, if decided upon, will be announced in the second half of 2023.

NVIDIA

NVIDIA's GAAP net income for 3 months of fiscal 2024 was $2.043 billion, up 26.3% from $1.618 billion in the prior year. Revenue decreased by 13.2% to $7.192 billion from $8.288 billion a year earlier.

T-Technologies

TCS Group's IFRS net income for 3 months of 2023 was ₽16.2 billion, up 11 times from ₽1.4 billion in the previous year. Net interest income rose 27.8% to ₽46.9 billion versus ₽36.7 billion a year earlier.

Nebius Group

Marketplace Yandex.Market has applied for registration of two trademarks Ellio and Bodycore. Beauty equipment such as hair dryers, stylers and trimmers will be produced under the Ellio brand, while fitness products such as mats, dumbbells and treadmills will be produced under the Bodycore brand, he explained. Production development is carried out by a Russia...

Samolet Group of Companies

Samolet's RAS net income for 3 months of 2023 was ₽3.307 billion, against a loss of ₽0.026 billion in the previous year. Revenue tripled to ₽1.522 billion versus ₽0.505 billion a year earlier.

Sollers

Sollers has decided to launch the production of frame cars on the site of UAZ, where new facilities for the production of commercial vehicles will be created. First project will be the organization of the production of light-duty trucks Sollers Argo. Assembly of this model has already started in the new building of the industrial site. Planned capacity for p...