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LSR Group

January 24, 2025

LSR Group reports its operating results for the fourth quarter and twelve months of FY 2024

St. Petersburg, Russia – 24 January 2025 – PJSC LSR Group (“LSR” or the “Company”) (MOEX: LSRG), one of the leading real estate developers and building materials producers in Russia, today announces its operating results for the fourth quarter and the twelve months ended 31 December 2024.

4Q 2024 Highlights:

  • New contract sales amounted to RUB 48 billion, or 177 th. sqm;

  • Share of mortgage sales amounted to 44%.

FY 2024 Highlights:

  • New contract sales reached RUB 163 billion, or 664 th. sqm;

  • Share of mortgage sales amounted to 69%, compared to 76% in 2023;

  • Completions reached 732 th. sqm of net sellable area;

  • New 650 th. sqm of net sellable area launched in the reporting period.

Full version of press-release.

For further information, please visit www.lsrgroup.ru or contact:

Department of Investor Relations and Sustainable Development

E-mail: IR@lsrgroup.ru




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