Stock market news

VSMPO-AVISMA Corporation

VSMPO-AVISMA's RAS total financial result for 3 months of 2024 amounted to ₽4.598 billion, down 34% from ₽6.965 billion in the previous year. Revenue increased 13.4% to ₽24.045 billion against ₽21.2 billion a year earlier.

Cherkizovo Group

Cherkizovo's RAS loss for 3 months of 2024 amounted to ₽61,277 million, up 40.1% from ₽43,742 million in the previous year. Revenue increased 54.6% to ₽2.031 billion against ₽1.314 billion a year earlier.

Mosenergo

Mosenergo's power plants for 3 months of 2024 generated 20.4 bln kWh of electricity, which is 3.8% more than 19.65 bln kWh a year earlier. Heat output increased by 19.65%, amounting to 38.25 mln Gcal.

Mosgorlombard

Board of Directors of Mosgorlombard has recommended a dividend of ₽0.08 per ordinary and preferred share for 2023. The last day to purchase securities to receive the dividend is June 3, 2024. The dividend yield could be 2.61%.

Phosagro

Phosagro's capex for the current year will total a record ₽73 billion, up 14% year-on-year. Company has revised and consolidated its investment project for the future development of its Balakovo facilities, increasing its total financing from ₽15.6 billion to ₽27 billion. In Cherepovets and Volkhov, projects to increase the processing of apatite concentrate...

Phosagro

PhosAgro in 1Q 2024 produced 2.933 million tonnes of fertilizers, up 6.8% year-on-year from 2.746 million tonnes a year earlier. Phosphate fertilizer output increased by 9.2% to 2.26 million tonnes. Nitrogen fertilizer output fell 0.4% to 0.673 million tonnes. Fertilizer sales increased by 11.5% to 3.015 million tonnes. Phosphate fertilizer sales increased b...

Pre-IPO

Speech analytics service Dialext has successfully raised ₽6 million from 292 investors. Round closed a week earlier than planned. Raised funds will be spent on marketing, technical development of the platform and training of employees. Startup's team will report to investors on progress every quarter.

Delimobil

Delimobil carsharing has doubled its truck fleet, the service was supplemented with another 100 Sollers Atlant vans. Van rental is available in all districts of Moscow, St. Petersburg, Kazan and Rostov-on-Don. Rent of low-tonnage cargo transportation can become one of the actively growing areas against the background of the development of online commerce, sm...

Magnitogorsk Iron and Steel Works

MMK's sales of marketable steel products in Q1 2024 decreased by 1.1% to 2.731 million tons. Share of high value-added products decreased by 4 p.p. to 38.5%. Steel output fell by 2.9% to 2.97 million tons. Pig iron smelting remained at last year's level of 2.345 million tons. Coal concentrate production decreased by 14.9% to 730 thousand tons, while iron ore...

TCS Holdings

Rosbank's retail business will be transferred to Tinkoff, sources told Frank Media. Tinkoff's retail business is larger and more efficient due to the lack of a network, and the merged holding company has no need to keep two separately operating divisions, the sources explained. Business will be transferred by the end of the year with a part of Rosbank's capi...