St. Petersburg, Russia
– 14 March 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 consolidated IFRS results for the full year ended 31
December 2024.
FY2024
Financial Highlights:
Revenue reached RUB 239,227 million;
Adjusted EBITDA reached RUB 72,178 million;
Operating profit was RUB 65,766 million;
Profit for the
year was RUB 28,598 million.
FINANCIAL
RESULTS BY SEGMENT IN 2024:
REAL
ESTATE DEVELOPMENT AND CONSTRUCTION
|
St. Petersburg
|
Moscow
|
Yekaterinburg
|
Completed
(‘000 sqm)
|
536
|
105
|
92
|
New contract sales
(‘000 sqm)
|
265
|
322
|
77
|
Revenue
(UB m)
|
108,652
|
87,550
|
11,321
|
Adjusted EBITDA
(RUB m)
|
47,392
|
24,775
|
3,256
|
Operating profit
(RUB m)
|
46,142
|
21,381
|
3,135
|
BUILDING
MATERIALS
|
Sales volume
|
Revenue (RUB
m)
|
Adjusted EBITDA
(RUB
m)
|
Operating profit
(RUB m)
|
Total
|
|
24,514
|
5,150
|
4,016
|
Crushed granite
(‘000 m3)
|
6,332
|
5,936
|
290
|
68
|
Sand (‘000
m3)
|
6,578
|
2,817
|
1,155
|
1,044
|
Bricks (million
units)
|
300
|
5,481
|
1,529
|
1,071
|
Aerated concrete (‘000
m3)
|
826
|
4,477
|
1,731
|
1,521
|
***
The
complete disclosed consolidated financial statements of LSR Group for
FY2024 are available at
https://www.lsrgroup.ru/en/investor-relations/ifrs-reports
|
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