Stock market news

Lenta

Lenta's IFRS net income for 2022 was ₽3.611 billion, down 3.5 times from ₽12.48 billion in the previous year. Revenue rose 11.1% to ₽537.4 billion compared to ₽483.64 billion a year earlier.

VTB Bank

VTB placed 8.7 trillion additional ordinary shares, or about 29% of the total number of securities of the additional issue. Value per share amounted to ₽0.017085. Payment was made by the shares of the Russian National Commercial Bank owned by the state, as well as by conversion of the subordinated loan issued in 2014 from the National Welfare Fund.

Rosseti Lenenergo

Rosseti Lenenergo's RAS net income for 2022 was ₽17.975 billion, down 9.2% from ₽19.794 billion in the previous year. Revenue increased 1.8% to ₽95.054 billion compared to ₽93.391 billion a year earlier.

Micron Technology

Micron Technology's GAAP loss for 6 months of fiscal year 2023 was $2.507 billion, compared to a profit of $4.569 billion in the previous year. Revenue fell 49.7% to $7.778 billion from $15.473 billion a year earlier.

Micron Technology

The Micron Technology Board of Directors announced a quarterly dividend of $0.115 per share. The last day to buy securities to receive the dividend is April 6, 2023. The annual dividend yield may reach 0.84%.

Segezha Group

Segezha Group plans to use organic sewage sludge in the sludge collector of the biological treatment plant at Segezha Pulp and Paper Mill to produce organomineral fertilizers. Relevant scientific research is being carried out by the St. Petersburg Research Institute of Forestry. Field tests will take place on the territory of Segezha Group's forest lease in...

Rostelecom

Rostelecom closed the deal on purchase of Fuzzy Logic Labs, the developer of antifraud system. The company's solutions will complement the range of digital products and services offered to corporate clients to ensure security of business processes, first of all, in the sphere of provision of financial services and services using innovative technologies, Rost...

X5 Group

X5 Group connected the cash withdrawal function at the cash desks of all Pyatyorochka stores. To use the service, you need to make a purchase in the store and tell the cashier about the desire to withdraw cash from the card. The maximum amount is 5,000. From March 2022 to February 2023, 825,000 cash withdrawals were made to the amount of 3.4 billion.

Magnit

Retailer Magnit in 2023 will open 2 thousand bakeries in at home stores in all 67 regions of the chain's presence. There are currently 660 bakeries in operation. Assortment depends on the location of the outlet, but on average there are 33 items. On the sales floor, bakery departments are visually highlighted and arranged so that visitors can quickly make a...

Mobile TeleSystems

MTS has agreed to acquire a controlling stake in Projectnaya Sredniya LLC, which develops telematic solutions for commercial vehicle fleets, Kommersant sources told Kommersant. Amount of the deal may be about 1.5-2 billion rubles. MTS declined to comment, while Projectnaya Sredda did not respond to Kommersant's request.