Stock market news

Cherkizovo Group

Cherkizovo's RAS net profit for 2024 remained flat year-on-year, amounting to ₽14.7 billion. Revenue increased by 14.4% to ₽25.24 bln vs. ₽22.07 bln a year earlier.

Severstal

Severstal will not pay dividends for Q4 2024 as cash flow in the period was negative. Dividends for the first, second and third quarters of 2024 totaled ₽99.2 billion or 103% of the company's free cash flow for the full year 2024.

Severstal

Severstal's IFRS net profit for 2024 amounted to ₽149.6 billion, down 21.6% lower from ₽190.9 billion in the previous year. Revenue rose 13.9% to ₽829.8 billion against ₽728.3 billion a year earlier.

Severstal

Severstal plans to invest ₽169 billion in 2025. Of this amount, ₽81 billion will be spent on maintaining existing capacities, while the company will invest ₽70 billion in development projects. Investment in IT and digital projects is planned at ₽13 billion, while investments in environmental protection, safety and labor protection will amount to ₽5 billion.

Severstal

Severstal in 2024 produced 10.4 million tons of steel, down 8% year-on-year. Pig iron production decreased by 11% to 10.03 mln tons amid repairs at BF-5. Sales of steel products increased by 1% to 10.9 million tons. Share of high value-added products increased by 2.8 p.p. to 51.8%.

Federal Grid Company - Rosseti

Rosseti proposed to change the system for calculating payment for electricity transmission services, focusing not on peak load hours but on maximum actual capacity consumption during a billing month. Existing approach allows large consumers with flexible operating schedules to shift their consumption to night hours, reducing their payments by about ₽40 bln p...

MGKL

MGCL's revenue for January 2025 amounted to ₽715 million, up 4.7 times year-on-year. Portfolio of collateralized loans in the pawnshop line of business and commodity balances in resale increased by 70% and exceeded ₽2 billion. Share of commodities held in the portfolio for more than 90 days decreased to a minimum of 6%.

SPB Exchange

Trading volume of Russian securities on SPB Exchange for 2024 amounted to ₽48.71 billion, up 77% year-on-year. Number of unique investors increased by 46.57% to 32.29 million. In 2024, the Exchange admitted 125 securities of Russian companies to trading and placed 24 DFA issues worth ₽13.45 billion. In the current year, SPX Exchange will continue to increase...

Ashinskiy metallurgical works

Moscow Exchange will stop trading in shares of Ashinskiy Metzavod from March 15. Last day of trades in T+1 stack will be March 12. Earlier, Ural-VK announced a forced buyout of shares of Ashinskiy Metzavod from minority shareholders at ₽71 per paper.

SmartTechGroup (CarMoney)

Smarttechgroup is preparing to update its dividend policy. New dividend amount will be no less than 50% of the year-end profit, which is one of the conditions of the strategic partnership with Promsvyazbank. Current dividend policy provides for 25% to 50% of RAS profit to be allocated for dividends, but the company has never paid them.