Stock market news

Astra

Аstra Group's ReSolut plans to occupy 30-50% of the ₽18 billion software development solutions market in the next 5 years, said Maxim Kozlov, ReSolut's CTO. For this purpose, the company has its own code repository GitFlic, which is used by 40 thousand developers, while there are about 900 thousand developers in Russia. In 1.5-2 years it is planned to attrac...

UGC

Yuzhuralzoloto's IFRS net profit for 2023 amounted to ₽0.7 billion, against a loss of ₽20.1 billion in the previous year. Revenue increased by 18.9% to ₽67.8 billion against ₽57 billion a year earlier.

Ozon Holdings

Ozon has launched a service to deliver popular e-grocery goods within 30 minutes. For this purpose, the marketplace opens smaller-format darkstores and engages couriers not only in cars, but also on bicycles. In Moscow and the Moscow region, 20 such mini-darkstores have been opened, and it is planned to increase their number several times by the end of 2024.

VSMPO-AVISMA Corporation

Canadian government has granted Airbus a permit to use titanium from VSMPO-AVISMA in the production of airplanes, despite the anti-Russian sanctions imposed on it. In 2022, Airbus expected to abandon Russian titanium within a few months.

Severstal

Severstal CEO Alexander Shevelev and FAS head Maxim Shaskolsky have signed an amicable agreement, which provides for a reduction in the fine imposed by FAS from ₽8.7 billion to less than ₽900 million. Amicable agreement is expected to be approved by the court on May 27.

Rosseti Ural

Rosseti Urals' RAS net profit for 3 months of 2024 amounted to ₽7.97 billion, up 68.1% from ₽4.74 billion in the previous year. Revenue rose 5.2% to ₽29.642 billion vs. ₽28.173 billion a year earlier.

Mobile TeleSystems

Board of Directors of MTS has approved a new dividend policy for 2024-2026. Document sets a minimum dividend of ₽35 per share, which will be paid once a year, with the possibility of changing the frequency of payments. In determining the amount of dividend payments, MTS will consider a number of factors, including cash flow from operations, capital expenditu...

Mobile TeleSystems

Board of Directors of Mobile TeleSystems recommended that dividends be paid for 2023 in the amount of ₽35 per ordinary share. The last day of the purchase of securities to receive dividends is July 15, 2024. Dividend yield may amount to 11.15%.

Alrosa

State Assembly of Yakutia adopted the law on the management and disposal of Alrosa shares, which excludes the possibility of the republic's share decreasing during the additional share issue. One of the authors of the bill explained that the need to detail the normative fixation of the republic's share in Alrosa arose after the adoption of amendments to the...

Sollers

Sollers' RAS loss for 3 months of 2024 amounted to ₽348.79 million, up 76.1% from ₽198.05 million in the previous year. Revenue rose 57.2% to ₽111.47 million against ₽70.9 million a year earlier.