Stock market news

Nebius Group

IT-company Yandex bought the remaining share of Uber in Yandex.Taxi. As a result of the deal, Yandex became the sole owner of the group, which includes cab ordering services, carsharing and scooter rentals. Transaction amounted to €702.5 million. With this acquisition, Yandex completes the consolidation of the rideshare and foodtech businesses. Previously, t...

Aeroflot

Lowcoster Pobeda in summer schedule in 2023 will increase the number of flights by 20% compared to the peak season of 2022. Airline plans to perform up to 250 flights per day, using the entire available fleet - 41 aircrafts.

SFI

SFI is considering the possibility of VSK Insurance Group going public in the next few years, the holding's CFO Oleg Andriyankin said. As soon as we see that all the prerequisites for success are in place, we will implement the idea, he explained. VSK is one of the top 10 Russian insurers in terms of collections in all major segments of the insurance market....

Procter & Gamble

Procter & Gamble's GAAP net income in Q3 2023 fiscal year was $3.424 billion, up 1.7% from $3.367 billion in the previous year. Revenue increased 3.5% to $20.068 billion from $19.381 billion a year earlier.

Severstal

Marcegaglia Carbon Steel signed an agreement to purchase Severstal's Latvian subsidiary, Sia Severstal Distribution, announced the Italian company. SIA Severstal Distribution supplied steel products from Severstal's Russian enterprises to Northern, Central and Eastern Europe. Russian company will not receive payment on the deal while the EU sanctions are in...

MMC Norilsk Nickel

Nickel production by Norilsk Nickel in 3 months of 2023 decreased by 9% to 46.667 thousand tonnes. Copper output grew by 19% to 108.58 thousand tonnes. Production of palladium increased by 2% to 721 thousand ounces. Platinum production amounted to 180 thousand ounces, increasing by 11%.

Sberbank

Sberbank shareholders approved a dividend of ₽25 per common and preferred share for 2022. The last day to buy securities to receive dividends is May 8, 2023. The dividend yield for both types of shares could be 10.55%.

SPB Exchange

SPB Exchange is transferring the securities of all foreign companies with core operations in Russia to trading accounts. From April 24, investors will be able to enter into stock exchange transactions with securities of all quasi-Russian companies: Cian, Etalon Group, Fix Price, Globaltrans, HeadHunter, Ozon, Noventiq, TCS Group, VK, X5 Retail Group, Yandex.

Seligdar

Seligdar Holding's gold production for 3 months of 2023 amounted to 777 kg, up 13% from 685 kg a year earlier. Gold sales decreased by 3.9% to 836 kg. Tin production increased by 20% to 652 tonnes.

Abrau-Durso

Abrau-Durso's IFRS net profit for 2022 was ₽1.772 billion, up 31.3% from ₽1.35 billion in the previous year. Revenues increased 18.9% to ₽13.811 billion compared to ₽11.614 billion a year earlier.