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LSR Group

October 14, 2019

LSR Group reports its operating results for the nine months of 2019

LSR Group (LSE: LSRG; MOEX: LSRG), one of the leading real estate developers and building materials producers in Russia, is publishing operating results for the nine months of 2019.

9M 2019 

LSR Group (LSE: LSRG; MOEX: LSRG), one of the leading real estate developers and building materials producers in Russia, is publishing operating results for the nine months of 2019.

9M 2019 Highlights:

· New contract sales reached RUB 57 billion, or 551 th. sqm;

· Average price per sqm increased by 17% year-on-year reaching RUB 114,000;

· Share of mortgage sales amounted to 48%;

· Completions reached 390 th. sqm of net sellable area, up 118% year-on-year, in line with the project schedule;

· New 749 th. sqm of net sellable area launched in the reporting period.

Full version of the press release >>

For more information please contact:
Investor Relations
Igor Tsoy
Director of Investor Relations
E-mail:
IR@lsrgroup.ru

Media Relations
LSR Group Press Service
E-mail:
press@lsrgroup.ru

Highlights:

· New contract sales reached RUB 57 billion, or 551 th. sqm;

· Average price per sqm increased by 17% year-on-year reaching RUB 114,000;

· Share of mortgage sales amounted to 48%;

· Completions reached 390 th. sqm of net sellable area, up 118% year-on-year, in line with the project schedule;

· New 749 th. sqm of net sellable area launched in the reporting period.

Full version of the press release >>

For more information please contact:
Investor Relations
Igor Tsoy
Director of Investor Relations
E-mail:
IR@lsrgroup.ru

Media Relations
LSR Group Press Service
E-mail:
press@lsrgroup.ru

 

 

 

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