Russia's Mail.Ru Q1 sales up 25 pct, keeps full-year guidance
MOSCOW, April 24
MOSCOW, April 24 (Reuters) - Russian internet group Mail.Ru on Thursday confirmed its full-year revenue growth guidance as it reported a 25 percent rise in first-quarter sales to 7.8 billion roubles ($218.5 million).
The company, controlled by Russia's richest man Alisher Usmanov, said in February it expected revenue growth of 22-24 percent and an EBITDA margin of 53-54 percent in 2014.
($1 = 35.7037 Russian Roubles) (Reporting by Maria Kiselyova; Editing by Alessandra Prentice)
- U.S. man sues soccer star Cristiano Ronaldo over CR7 trademark
- Moscow fights back after sanctions; battle rages near Ukraine crash site |
- Netanyahu vows to complete Gaza tunnels destruction
- Argentina defaults but investors see eventual deal possible
- Obama to Republicans: ‘Stop just hatin’ all the time’