April 9, 2021 – ALROSA reports preliminary rough and polished sales
results for March 2021.
ALROSA sales of rough and polished diamonds
in March totaled $357 million, including proceeds from
rough diamond sales of $345 million, and polished diamond sales of
$12 million.
For three months of 2021, total rough and polished
diamond sales accounted for $1,159 million, including $1,126 million
of rough diamond sales and $33 million of polished.
“Jewelry sales results at key markets, including
USA and China, indicate a persistently high demand from
end-consumers. ALROSA retains its commitment to a prudent sales
strategy, aimed at keeping the industry balance through supplying
real demand. March sales were in line with our expectations. As we
see the market today, polished diamonds stocks in the global pipeline
are at a comfortable level, while rough diamonds stocks are
approaching low levels,” said Evgeny Agureev, Deputy CEO of ALROSA.
ALROSA Group rough and polished diamond sales in
2021
Monthly sales results are preliminary and may be
updated. Possible discrepancies are due to rounding. Data on the
diamond market is the Company’s estimate based on the information
available at the time of publication. More detailed Information on
sales results the company discloses on a quarterly basis in its
Trading updates along with operational results. Official information
on the company’s revenue is disclosed in its consolidated IFRS
results for the corresponding periods. Preliminary dates of such
publications are available in Investor
calendar
.
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