LSR Group reports 2017 financial results

LSR GROUP REPORTS 2017 FINANCIAL RESULTS

In 2017 LSR Group generated RUB 138,494m of revenues and RUB 36,845m of adjusted EBITDA.

· Sales revenue increased by 30%, to RUB 138,494m

· Adjusted EBITDA increased by 33%, to RUB 36,845m

· Adjusted EBITDA margin was 27%

· Profit for the year increased by 73%, to RUB 15,871m

· Earnings per share amounted to RUB 154.51

· Total debt was RUB 72,786m. Net debt was RUB 43,073m 

· Net debt/adjusted EBITDA ratio was 1.17

Full version of the press-release is available in pdf-format>>http://www.rns-pdf.londonstockexchange.com/rns/8555G_-2018-3-6.pdf

PJSC LSR Group is a real estate development and building materials company founded in 1993 and operating in a number of complementary market segments. Its core business areas are production of building materials, real estate development and prefab construction. LSR Group's main operations are located in St. Petersburg, Moscow and Yekaterinburg. As of December 31, 2017 (according to Knight Frank), the net sellable area of the projects in LSR Group's real estate portfolio is equal to 8.6m m2 with the market value of more than RUB 185bn. In 2017, the sales revenue of LSR Group amounted to RUB 138,494m (IFRS). LSR Group is a public company, with its GDRs traded on the London Stock Exchange and its ordinary shares traded on MICEX-RTS.

For more information please contact:

LSR Group Press Service

Tel.: +7 812 333 11 11

E-mail: press@lsrgroup.ru 

www.lsrgroup.ru