Stock market news

Astrakhan Power Sale Company

Astrakhan Power Supply Company's IFRS net profit for 2023 amounted to ₽54.114 billion, up 11.5 times from ₽4.696 billion in the previous year. Revenue rose 15.5% to ₽14.092 billion against ₽12.196 billion a year earlier.

Severstal

Severstal's IFRS net profit for 3 months of 2024 amounted to ₽47.42 billion, up 12.9% from ₽42 billion in the previous year. Revenue increased 19.7% to ₽188.71 billion vs. ₽157.62 billion a year earlier.

Severstal

Severstal for 3 months of 2024 produced 2.901 million tons of steel, up 7% from 2.701 million tons a year earlier. Pig iron production increased by 2% to 2.776 million tons. Sales of steel products fell 11% to 2.474 million tons. Share of high value-added products increased by 8 p.p. to 51%.

Severstal

Board of Directors of Severstal recommended that dividends be paid for 3 months 2024 in the amount of ₽38.3 per ordinary share. The last day of the purchase of securities to receive dividends is June 17, 2024. Dividend yield may amount to 2.04%.

Inter RAO

Inter RAO decided to purchase 3.132 billion shares from a minority shareholder, which corresponds to 3% of the share capital. Buyout will be carried out within six months. Further disposal of the acquired stake will be in line with the company's medium-term strategy and involves several options or a combination of them: sale to a strategic investor, use of t...

Volgograd Energosbyt

Volgogradenergosbyt's IFRS net profit for 2023 amounted to ₽1.769 billion, up twofold from ₽0.884 billion in the previous year. Revenue rose 12.8% to ₽29.56 billion against ₽26.197 billion a year earlier.

Solikamsk magnesium plant

National Association of Stock Market Participants sent a letter to the Supreme Court stating that the association considers the seizure of 10.6% of shares of Solikamsk Magnesium Plant from minority shareholders in favor of the state to be unjustified. Association notes that the seizure of shares acquired at organized trades is a violation of legal principles...

Sberbank

Sberbank has bought 40% of Gorno-Altaisk airport from AFK Sistema, said Chairman of the Bank's Management Board German Gref. Sistema and Sberbank acquired Gorno-Altaisk airport from Sibmost in 2017. At the end of last year, the airport's passenger traffic amounted to 429,269 people, an increase of 31.8% compared to 2022. Bank plans to make the airport an int...

Sistema

Sberbank has bought 40% of Gorno-Altaisk airport from AFK Sistema, said Chairman of the Bank's Management Board German Gref. Sistema and Sberbank acquired Gorno-Altaisk airport from Sibmost in 2017. At the end of last year, the airport's passenger traffic amounted to 429,269 people, an increase of 31.8% compared to 2022.

Sberbank

Supervisory Board of Sberbank recommended to pay dividends for 2023 in the amount of ₽33.3 per ordinary and preferred share, said to journalists head of credit organization German Gref. Last day to buy securities to receive dividends is July 10, 2024. Dividend yield of ordinary shares may reach 10.65%, preferred shares - 10.63%.