Molchanov

LSR Group reports its operating results for the 4Q and FY 2020

Retrieved on: 
Monday, January 25, 2021

Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.

Key Points: 
  • Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.
  • New contract sales increased by 12% YoY, reaching RUB 95 billion, or 826 th.
  • sqm of net sellable area launched in the reporting period;
    Solid performance of building materials segment in line with the Company's expectations.
  • Andrey Molchanov, CEO of PJSC LSR Group, commented:
    "We delivered strong operating results for 2020, which were in line with our plans.