Stock market news

Pre-IPO

Moscow Exchange plans to conduct about 5 deals on its pre-IPO platform MOEX START by the end of 2024. First offering was the pre-IPO of Russian private aerospace holding SR Space, which expects to raise about ₽1.5 billion on a cash-in basis. Company is collecting applications from qualified investors to participate in the deal until August 8.

Europlan

Europlan's new business volume in the first half of 2024 amounted to ₽124.3 billion, up 27%. Passenger car segment grew by 34% and commercial vehicles by 29%. Number of leasing transactions increased by 25% and the company's total number of transactions reached 636,000.

MOEX Group (Moscow Exchange)

Since its launch, the total volume of trading in shares on the OTC market of Mosbirzhi has exceeded ₽113 billion. Service began operations in April 2023. At the moment, OTC transactions can already be concluded with shares of 59 companies, and this number is systematically increasing.

Yakovlev

Yakovlev's RAS loss for 6 months of 2024 amounted to ₽0.44 billion, compared to a profit of ₽3.22 billion in the previous year. Revenue was not disclosed by the company.

APRI

Developer APRI has set the IPO price range at ₽8.8-9.7 per share, corresponding to a capitalization of ₽10-11 billion. Collection of applications starts today and will last until July 29. Company intends to float 5-10% of the additional issue shares. Trading is scheduled to start on July 30.

Severstal

Severstal's IFRS net profit for 6 months of 2024 amounted to ₽83.32 billion, down 20.6% from ₽105 billion in the previous year. Revenue rose 20.5% to ₽409.14 billion against ₽339.43 billion a year earlier.

Severstal

Board of Directors of Severstal recommended that dividends be paid for 6 months 2024 in the amount of ₽31.06 per ordinary share. The last day of the purchase of securities to receive dividends is September 9, 2024. Dividend yield may amount to 2.1%.

Severstal

Severstal for 6 months of 2024 produced 5.22 million tons of steel, which is 8% less than in the same period last year. Pig iron production decreased by 15% to 4.77 mln tons amid repairs at BF-5. Sales of steel products fell 6% to 5.177 million tons. Share of high value-added products increased by 7 p.p. to 53%.

Rusagro

Rusagro's revenue for 6 months of 2024 amounted to ₽142.72 billion, up 30% from ₽109.58 billion a year earlier. Sales of industrial products from the oil and fats segment rose 81% to 1.03 million tons. Pork sales and production fell 17% and 13% to 121,000 tons and 153,000 tons, respectively, due to lower birth rates following the ASF outbreak in 2023. Sugar...

MOEX Group (Moscow Exchange)

SR Space, a private space company, has launched its first Pre-IPO using the infrastructure of Moscow Exchange. Company plans to raise about ₽1.5 billion on a cash-in basis. Applications will be accepted until August 8. Only qualified investors can participate in the placement.