Stock market news

Novorossiysk Bakery Products Plant

Novorossiysk Bakery Products Combine's RAS net profit for 9 months of 2023 amounted to ₽4.023 billion, up 4.1 times from ₽0.982 billion in the previous year. Revenue rose 2.4 times to ₽7.801 billion against ₽3.241 billion a year earlier.

VK

VK Tech and Mobius Technologies, a Russian system integrator, signed a memorandum of cooperation in information technology. The parties plan to design and develop joint projects. Partnership implies active use of a wide pool of VK Tech's digital products and technologies, such as, in particular, VK Cloud services and VK WorkSpace corporate communications too...

X5 Group

Pyatyorochka chain obtained long-term lease rights for more than 100 Grozd stores in Saratov and Saratov region. 70 stores are located in Saratov, 14 - in Engels, the rest - in 11 major district centers of the Saratov region. Their total selling space is almost 37 thousand square meters. m. Integration of the stores into the Pyatyorochka chain is planned to...

Severstal

Severstal for 9 months of 2023 produced 8.347 million tons of steel, which is 5% more than in the same period last year. Pig iron production increased by 3% to 8.349 million tons. Sales of steel products remained at the same level as last year, at 8.16 million tons. Share of high value-added products increased by 4 p.p. to 48%.

Rusagro

Rusagro's revenue for 9 months of 2023 amounted to ₽187.76 billion, down 1% from ₽188.96 billion a year earlier. Sales of industrial products from the oil and fats segment fell 19% to 799,000 tons. NMJK industrial products sales totaled 142,000 tons in Q3. Pork sales increased by 4% to 214 thousand tons, while production increased by 4% to 254 thousand tons....

Lenta

Lenta's IFRS loss for 9 months of 2023 amounted to ₽2.83 billion, against a profit of ₽3.903 billion in the previous year. Revenue increased by 1% to ₽393.14 billion versus ₽389.24 billion a year earlier.

Lenta

Lenta's retail revenue for 9 months of 2023 amounted to ₽384.72 billion, down 0.1% from ₽384.37 billion a year earlier. Online sales rose 21.7% to ₽35.54 billion, with LFL - sales up 1.3%, traffic up 1% and average check up 0.3%. Total number of stores decreased year-on-year by 16.6% to 676 outlets.

SmartTechGroup (CarMoney)

CarMoney's disbursements in 9 months of 2023 totaled ₽2.716 billion, up 20.8% from ₽2.248 billion a year earlier. Average auto loan check grew 14.7% to ₽314,000. Share of new customers increased 7 p.p. to 65%. Loan portfolio grew 8.4%, to ₽4.754 billion. Active loans totaled 35.2k at the end of the period, up 63.5%.

M.Video

M.Video-Eldorado Group stores will have separate zones with Realme, Tecno, ICL and Thunderobot products, which will replace the corners of such brands as Apple, Sony, HP and AMD. By the end of this year it is planned to launch up to 9,000 branded constructions.

MOEX Group (Moscow Exchange)

European Bank for Reconstruction and Development, which last year announced its desire to completely withdraw from its Russian assets, has found a buyer for its stake in Moscow Exchange, sources told Forbes. Buyer of 5.3% of shares of the trading floor became IT-company Softline. Deal has already been approved by the government commission on foreign investme...