Stock market news

Cherkizovo Group

Cherkizovo's IFRS net profit for 6 months of 2024 amounted to ₽16.08 billion, down 3.4% from ₽16.65 billion in the previous year. Revenue rose 20.4% to ₽123.81 billion against ₽102.81 billion a year earlier.

Rosgosstrakh

Rosgosstrakh's IFRS net profit for 6 months of 2024 amounted to ₽4.21 billion, doubling from ₽2.21 billion in the previous year. Earned insurance premiums rose 22.8% to ₽44.04 billion versus ₽35.87 billion a year earlier.

Seligdar

Rosgeologiya and Seligdar plan to start geological exploration at a new joint project at the Dzhekondinskaya area gold ore deposit in Yakutia in 2025. Implementation of the project will increase the resource base of Seligdar's two existing deposits Podgolechnoye and Yasnaya Polyana.

Renaissance Insurance

Renaissance Insurance Group has agreed with VSK to transfer VSK Life Line's accumulation and investment insurance portfolio of approximately ₽12 billion to Renaissance Life. Closing of the transaction is expected after regulatory approval by the end of 2024. In addition, the company plans to close another deal in Q3 to buy Raiffeisen Life with a portfolio of...

SFI

SFI redeemed treasury shares, which represented 55% of the capital. Now the holding's authorized capital consists of 50,237,005 shares.

Sovcombank

Sovcombank has postponed the additional share issue for the acquisition of Home Bank from 2024 to the first quarter of 2025. Change of the deadline was caused by the extension of the restriction on alienation of the bank's shares for the former owners of Home Bank for six months from the date of receipt of the new shares.

X5 Retail Group

X5 Retail Group's IFRS net profit for 6 months of 2024 amounted to ₽53.63 billion, up 49.9% from ₽35.77 billion in the previous year. Revenue rose 26.1% to ₽1.851 trillion against ₽1.468 trillion a year earlier.

Delimobil

Delimobile carsharing service launches a new car service station in Sochi and expands its service station in Kazan. With the opening of new stations, the total area of service stations increased by 50% and reached 31 thousand square meters. Self-service of the car fleet allows the company to increase the speed and quality of repairs, as well as reduce their...

Sovcombank

Sovcombank's IFRS net profit for 6 months of 2024 amounted to ₽38.72 billion, down 25% from ₽51.65 billion in the previous year. Net interest income rose 16.7% to ₽77.98 billion against ₽66.83 billion a year earlier.

Softline

Softline obtained 60% of OMZ-IT of OMZ Perspective Technologies Group, which is part of Gazprombank. IT division develops solutions for digitalization of industrial enterprises. Deal will allow Softline to expand its presence in the industrial sector, while OMZ group will expand its client base. Experts consider the partnership to be advisable, although they...