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Russia's Mail.Ru Q1 sales up 25 pct, keeps full-year guidance
April 24, 2014 / 6:10 AM / in 3 years

Russia's Mail.Ru Q1 sales up 25 pct, keeps full-year guidance

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

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