The Expert RA rating agency
confirmed the credit rating of PJSC LSR Group at ruA. The rating
outlook was revised and changed from «Developing» to «Stable».
The agency noted the strong market and competitive
positions of LSR Group given the investment attractiveness of the key
regions of presence - St. Petersburg, Moscow and Yekaterinburg. The
competitive advantage is also supported by the high diversification
of LSR Group’s projects and the formed volume of the land bank,
which can support the company’s activities for more than three
years at the current pace of construction.
In addition, experts positively assessed the
financial stability of LSR Group – stable debt burden and high
level of operating liquidity. In the corporate block, Expert RA noted
the transparent structure and effective operational management of the
company with independent members of the Board of Directors and the
executive body represented by the Management Board.
Press service of LSR Group