Stock market news

Artgen

Artgen Biotech and the Skolkovo Foundation signed a strategic partnership agreement. Key goals of agreement: creation of a competence centre for the development of biotechnological drugs and vaccines and creation of an industrial technopark for scaling up technologies for the production of these drugs and their small-scale production.

Russneft Oil Company

Russneft's RAS net profit for 2024 was ₽42.3 billion, up 33% from ₽31.8 billion in the previous year. Revenue rose 26.4% to ₽301.8 billion against ₽238.8 billion a year earlier.

Mobile TeleSystems

MTS has bought 5.5 per cent of MTS Yurent, the company's kicksharing service, and increased its stake to 84.6 per cent, according to the Unified State Register of Legal Entities. Seller was Olga Stefanyuk, she withdrew from the company's capital. MTS refrained from commenting.

Rosneft Oil Company

Gas production at the giant offshore Zohr gas field in Egypt, where Rosneft's share in production is 17.6%, has started to recover. After a noticeable decline in 2023, last year the volume could grow by 12% to 25.5 bcm. Earlier, the Egyptian authorities promised to increase gas production by 2025, and the project operator, Italy's Eni, resumed drilling at th...

VK

VK has bought 25% of office software developer P7. The deal could be worth ₽2.5-3.5 billion. Asset is needed to strengthen the position of VK Tech, which is preparing for an IPO.

MOEX Group (Moscow Exchange)

Moscow Exchange suspended trading on the stock market from 20:40 Moscow time due to problems with data transmission. After consultations with market participants, taking into account their opinions and in order to protect the interests of investors, the Moscow Exchange decided not to resume trading in the evening session.

Phosagro

PhosAgro in 2024 produced 11.47 million tonnes of fertilizers, up 4.3% from 10.99 million tonnes a year earlier. Phosphate-based fertilizers production increased by 5.8% to 8.87 million tonnes. Nitrogen fertilizer output fell 0.5% to 2.59 million tonnes. Fertilizer sales volumes increased by 4.2% to 11.6 million tonnes. Phosphate fertilizer sales increased b...

Phosagro

PhosAgro's Board of Directors has recommended a dividend of ₽171 per ordinary share for 2024. When voting ballots are approved at the Annual General Meeting, shareholders will be offered several options within the above maximum possible dividend amount. Last day to purchase securities for dividends is April 17, 2025. Dividend yield may amount to 2.52%.

Phosagro

PhosAgro's IFRS net profit for 2024 amounted to ₽84.5 billion, down 1.9% from ₽86.1 billion in the previous year. Revenue rose 15.3% to ₽507.7 billion against ₽440.3 billion a year earlier.

EL5-Energo

EL5-Energo's electricity generation at the end of 2024 amounted to 23.75 bln kW⋅h, up 7.1% year-on-year. Useful electricity output increased by 7.2% and amounted to 22.56 bln kW⋅h. Heat supply increased by 7.5% to 4.18 mln Gcal.