Stock market news

Yandex

Board of Directors of Yandex recommended that dividends be paid in the amount of ₽80 per ordinary share. The last day of the purchase of securities to receive dividends is September 19, 2024. Dividend yield may amount to 2.08%.

MD Medical Group Investments

MD Medical opened a medical center on the territory of VOLEIGRAD family resort in Anapa. Medical center is equipped with unique complexes for diagnostics and rehabilitation of musculoskeletal and cardiovascular systems, balneology department. Capacity of the center will allow to conduct up to 96,000 specialist appointments per year. In the future, the compan...

Rusagro

Ministry of Agriculture has filed a lawsuit to suspend the corporate rights of RosAgro.plc in relation to its Russian entity PJSC Rusagro Group. After the court grants the application, RosAgro.plc shareholders will be able to distribute shares in the Russian company in proportion to their indirect interest in its capital.

Rostelecom

Rostelecom operator has separated commercial IT solutions into an independent cluster - this should make it possible to separate commercial products from solutions for the state. In the future, the new structure may hold an IPO, experts believe.

Fix Price

Fix Price opened its first store in the United Arab Emirates in July, Fix Price managing director Dmitry Kirsanov said. He also noted that stores in Belarus and Kazakhstan are showing strong growth in LFL sales.

Magnit

Retailer Magnit became the owner of 33.01% of the hypermarket chain in the Far East Samberi, as follows from the data of the Unified State Register of Legal Entities. Earlier it was reported that under the terms of the deal Magnit also received an option to buy out the remaining share of the regional retailer within 5 years. Chain Samberi has 30 hypermarkets...

Fix Price

Fix Price's IFRS net profit for 6 months of 2024 amounted to ₽9.1 billion, down twofold from ₽19.65 billion in the previous year. Revenue rose 9.4% to ₽148.39 billion against ₽135.68 billion a year earlier.

Fix Price

Fix Price's retail revenue for 6 months of 2024 grew by 10.5% to ₽132.7 billion, while wholesale revenue increased by 0.9% to ₽15.7 billion. LFL - sales increased by 1.9%. Number of net openings totaled 308 and the total selling space of the chain's stores increased 5% to 1,457,000 square meters.

VK

VK's IFRS loss for 6 months of 2024 amounted to ₽24.62 billion, doubling from ₽11.37 billion in the previous year. Revenue rose 22.6% to ₽70.19 billion against ₽57.25 billion a year earlier.

Sberbank

Sberbank's IFRS net profit for 6 months of 2024 amounted to ₽816.1 billion, up 10.7%. Net interest income rose 21.8% to ₽1.413 trillion. Commission income rose 9.9% to ₽393.6 billion.