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Gruppa LSR PAO (LSRG.MM)

LSRG.MM on Moscow Interbank Currency Exchange

859.00RUB
11:48am EDT
Change (% chg)

руб9.00 (+1.06%)
Prev Close
руб850.00
Open
руб853.00
Day's High
руб859.50
Day's Low
руб841.00
Volume
8,276
Avg. Vol
15,740
52-wk High
руб1,065.50
52-wk Low
руб623.00

Latest Key Developments (Source: Significant Developments)

Russia's LSR Group says Q1 new contract sales down
Thursday, 13 Apr 2017 06:49am EDT 

Russia's LSR Group : Q1 new contract sales amounted to 140 thousand square metres . Value of the contracts was 13.5 billion roubles, down 36 pct year on year . Decrease of pre-sales year-on-year was primarily due to high comparison base of Q1 2016 . Q1 completions increased to 81 th m 2 Further company coverage: [LSRG.MM] (Reporting by Moscow newsroom) ((moscow.newsroom@thomsonreuters.com;)).  Full Article

LSR Group plans to maintain dividend at RUB 78/shr for 2016
Friday, 17 Mar 2017 07:30am EDT 

LSR Group : Plans to maintain dividend at 78 roubles ($1.35) per share for 2016 - presentation . Intends to allocate at least 50 percent of net profit (IFRS) for dividends in the coming years - presentation .It paid dividend at 78 roubles per share for 2015 [nFWN16B025].  Full Article

LSR Group FY 2016 profit for the period down at RUB 9.16 billion
Friday, 17 Mar 2017 06:36am EDT 

LSR Group : FY 2016 sales revenue 98.07 billion roubles ($1.70 billion)versus 86.8 billion roubles year ago . FY 2016 profit for the period 9.16 billion roubles versus 10.65 billion roubles year ago . FY 2016 EBITDA 19.3 billion roubles versus 18.6 billion roubles year ago .Plans to sign new contracts for sale of 770 thousand sqm in 2017.  Full Article

LSR Group 2016 value of contracts RUB 70.6 billion, up 29% YR/YR
Tuesday, 17 Jan 2017 04:06am EST 

LSR Group : 2016 value of contracts 70.6 billion roubles ($1.19 billion), up 29 pct versus year ago . 2016 new contract sales 681,000 square meters, up 11 pct versus year ago . Moscow share of new contract sales constituted 40 pct in terms of value and almost 30 pct in terms of volume for 2016. New contract sales increased by 124 pct year-on-year in terms of value, and by 55 pct year-on-year in terms of volume . Q4 new contract sales 172,000 square meters versus 228,000 square meters year ago .Q4 new contract sales 17.5 billion roubles versus 19.7 billion roubles year ago.  Full Article

LSR Group signs RUB 4 bln credit agreement with Sviaz-Bank
Wednesday, 21 Dec 2016 05:26am EST 

Sviaz-Bank: Says signs agreement to provide 4 billion roubles ($65.46 million) credit to LSR Group . Renewable and non renewable credit lines with three years limit are opened .LSR Group to use credit for replenishment of working capital.  Full Article

LSR Group announces change of CFO
Monday, 21 Nov 2016 09:00am EST 

LSR Group : Says Andrey Nikitin resigned from CFO post due to personal reasons .Says appoints Dmitry Kutuzov as acting CFO.  Full Article

LSR Group Q3 new contract sales up by 12 pct YoY in value and down by 8 pct YoY in volume
Thursday, 13 Oct 2016 04:02am EDT 

LSR Group : Says Q3 new contract sales increased by 12 pct year-on-year in value and declined by 8 pct year-on-year in volume . Average selling price grew by 22 pct year-on-year to 107,000 roubles ($1,719.55) in Q3 . The share of mortgage sales stood at 36 pct over the 9 months and reached 42 pct in 3Q . 9-month new contract sales reached 509,000 square meters, up 33 pct year-on-year .9-month value of the contracts was 53.1 billion roubles, up 51 pct year-on-year.  Full Article

LSR Group completes placement of RUB 5 billion bonds
Wednesday, 28 Sep 2016 10:50am EDT 

LSR Group :Says completes placement of its 5 billion rouble ($78.31 million) 001R-01 series bonds in full.  Full Article

LSR Group sets final coupon benchmark rate for RUB 5 bln bonds
Monday, 26 Sep 2016 07:01am EDT 

:. LSR Group has set final benchmark rate for first coupon of its 5 billion rouble ($78.44 million) 001R-01 series bonds at 10.75 pct per annum, corresponding to yield rate of 11.19 pct per annum .. The benchmark has been previously lowered from initial 11.00-11.50 pct to 10.75-11.00 pct For further company coverage [LSRG.MM] For the story in Russian, click [nL8N1C23PY] ($1 = 63.7399 roubles) (Reported by Elena Orekhova, translated by Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).  Full Article

LSR Group lowers coupon benchmark rate for RUB 5 bln bonds
Monday, 26 Sep 2016 06:33am EDT 

:. LSR Group has lowered first coupon benchmark rate for its 5 billion rouble ($78.31 million) 001R-01 series bonds to 10.75-11.00 pct per annum, corresponding to yield rate of 11.19-11.46 pct per annum .. The benchmark has been lowered from initial 11.00-11.50 pct per annum For further company coverage [LSRG.MM] For the story in Russian, click [nL8N1C225V] ($1 = 63.8473 roubles) (Reported by Elena Orekhova from Moscow, translated by Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).  Full Article

More From Around the Web

Fitch Affirms OJSC LSR Group at 'B'; Outlook Stable

(The following statement was released by the rating agency) LONDON, November 14 (Fitch) Fitch Ratings has affirmed the Long-Term Foreign-Currency Issuer Default Rating (IDR) of OJSC LSR Group at 'B'. Fitch has also affirmed the senior unsecured rating of the outstanding bond issues at 'B'. The affirmation of the ratings reflects the company's solid performance in the Russian real estate market and stable operational dynamics. Although the Russian macroeconomic environment is challenging, th