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Mail.ru Group Ltd (MAILRq.L)

MAILRq.L on London Stock Exchange

21.79USD
24 Mar 2017
Change (% chg)

$-0.01 (-0.05%)
Prev Close
$21.80
Open
$21.95
Day's High
$21.95
Day's Low
$21.61
Volume
72,039
Avg. Vol
461,716
52-wk High
$22.90
52-wk Low
$15.60

Latest Key Developments (Source: Significant Developments)

Russia's Mail.ru sees 2017 revenue rising by 16-19 pct
Wednesday, 22 Feb 2017 02:27am EST 

Mail.Ru Group Ltd says: Expects to see 2017 revenue growth of 16-19 percent to between 49.6 billion roubles and 50.9 billion roubles ($864-887 million); . Expect EBITDA margins to be around 42 percent for FY2017; . Reports a 14.8 percent y-o-y increase in 2016 group aggregate segment revenue to 42.75 billion roubles; . Says 2016 group aggregate segment revenue was up 13.6 percent to 41.8 billion roubles excluding Delivery Club, effect of VAT exemption on its Russian online games revenue in Q4 2016 and a non-cash one time tax charge; . Excluding these effects, 2016 net profit rose 29.3 percent to 12.8 billion roubles ($223.08 million) and EBITDA grew 3.7 percent y-o-y to 18.8 billion roubles; . Including a non-cash one time exceptional tax charge of 768 million roubles, 2016 EBITDA decreased 1.0 percent y-o-y to 17.9 billion roubles, while excluding this tax charge EBITDA increased 3.3 percent to 18.7 billion roubles. .Including a non-cash one time exceptional tax charge of 1 billion roubles, 2016 group aggregate net profit grew 18 percent to 11.6 billion roubles, while excluding this tax charge net profit rose 28.4 percent to 12.6 billion roubles..  Full Article

Mail.Ru says not in potential merger talks with MegaFon
Wednesday, 16 Nov 2016 11:16am EST 

Mail.Ru Group Ltd : Notes today's press speculation and confirms that it is discussing potential commercial collaboration with PJSC MegaFon .Confirms it is not involved in any discussions of any potential merger with MegaFon.  Full Article

Russia's Mail.ru says Q3 revenue rises 5 pct yr/yr
Wednesday, 26 Oct 2016 02:00am EDT 

Mail.ru Group Ltd : Says in Q3 2016, the company achieved revenue growth of 5.0 percent year-on-year to 9.127 billion roubles ($146.74 million), excluding Pixonic, the acquisition of which was completed in early October; . Including Pixonic, Q3 aggregate segment revenue grew 9.4 percent y-o-y to 9.620 billion roubles; . Net cash position as of Sept. 30, 2016 was 9.550 billion roubles; . Says "We retain our FY2016 like-for-like revenue guidance"; .Says Boris Dobrodeev takes the position of CEO (Russia)..  Full Article

Russia's Mail.ru buys mobile games developer Pixonic
Monday, 3 Oct 2016 07:00am EDT 

Mail.ru Group Limited says: Signed an agreement on Sept. 30 to buy 100 percent of mobile games developer Pixonic, best known for War Robots. . The transaction is an all cash deal for $30 million, with $20 million upfront and $10 million deferred and based on ongoing KPI's. .In FY 2015 Pixonic had revenues of 456 million roubles, in H1 2016 Pixonic had revenues of 619 million roubles, and in both periods Pixonic was broadly EBITDA neutral..  Full Article

Russia's Mail.ru says H1 net profit up 14 pct y/y
Thursday, 18 Aug 2016 02:00am EDT 

Mail.ru Group Ltd says: H1 2016 group aggregate net profit grew 14.0 percent, year-on-year, to 5.7 billion roubles ($89.50 million); . H1 aggregate segment revenue grew 11.6 percent, year-on-year, to 18.8 billion roubles; . H1 group aggregate segment EBITDA grew 3.2 percent, year-on-year, to 8.7 billion roubles; . Net cash position as of June 30 was 7.57 billion roubles; . Retains its FY 2016 (excluding HeadHunter) like-for-like revenue guidance of 8-14 percent but says that without an improvement in consumer spending revenue could be in the lower half of this range; .Expects FY EBITDA margin at 47-48 percent..  Full Article

Mail.ru says undertaken early repayment of Gazprombank loan facility
Monday, 13 Jun 2016 02:00am EDT 

Mail.Ru Group Ltd : Announces that it has undertaken early repayment of Gazprombank loan facility . With early repayment of loan all related covenants have now been removed with immediate effect .Cash generative capability of business remains unchanged.  Full Article

Mail.Ru Group Ltd - Big data breaches found at major email services -expert - Reuters News
Wednesday, 4 May 2016 08:32pm EDT 

Mail.Ru Group Ltd:Hundreds of millions of hacked usernames and passwords for email accounts and other websites are being traded in Russia's criminal underworld, a security expert told Reuters.The discovery of 272.3 million stolen accounts included a majority of users of Mail.ru, Russia's popular email service, and smaller fractions of Google, Yahoo and Microsoft email users, said Alex Holden, founder and chief information security officer of Hold Security.It is one of the biggest stashes of stolen credentials to be uncovered since cyber attacks hit major U.S. banks and retailers two years ago.The latest discovery came after Hold Security researchers found a young Russian hacker bragging in an online forum that he had collected and was ready to give away a far larger number of stolen credentials that ended up totalling 1.17 billion records.After eliminating duplicates, Holden said, the cache contained nearly 57 million Mail.ru accounts - a big chunk of the 64 million monthly active email users Mail.ru said it had at the end of last year.It also included tens of millions of credentials for the three big email providers, Gmail, Microsoft and Yahoo, plus hundreds of thousands of accounts at German and Chinese email providers."This information is potent. It is floating around in the underground and this person has shown he's willing to give the data away to people who are nice to him," said Holden, the former chief security officer at U.S. brokerage R.W. Baird.  Full Article

Mail.Ru Group Ltd announces ‍sale of Headhunter business
Thursday, 25 Feb 2016 11:02pm EST 

Mail.Ru Group Ltd:Announces ‍sale of Headhunter business to investor consortium led by Elbrus Capital for 10 billion roubles.​The deal was closed on Feb. 25, 2016, with the cash due to be paid in two tranches with 5.5 billion roubles already received and 4.5 billion roubles to be received by April 30, 2016.The second tranche is unconditional.  Full Article

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