RNS Number : 6148D
Etalon Group Limited
08 July 2016
8 July 2016
Etalon Group 2Q and 1H 2016 Operating Results Date
Etalon Group will publish its 2Q and 1H 2016 operating results on Wednesday, 13 July 2016. The
Company will host a conference call for investors and analysts on the same day at 14:00 London time (16:00 Moscow; 09:00 New
York).
The results announcement and presentation will be published on Company's website
(www.etalongroup.com) on the day of the
announcement, prior to the conference call.
On the call, Etalon Group President Viacheslav Zarenkov, CEO Anton Evdokimov, and Head of
Corporate Investments and Investor Relations Kirill Bagachenko will present the 2Q and 1H 2016 operating results, followed by a
question and answer session for participants.
Webcast
http://edge.media-server.com/m/p/mfb2mzq5
Toll numbers:
+44 20 3427 1911 - London
+7 495 545 0588 - Moscow
+1 212 444 0412 - New York
Toll free numbers:
0800 279 5004 - UK
8 800 500 9312 - Russia
1 877 280 2296 - USA
Conference ID Code: 591674
This and other recent announcements are available on the Etalon Group website:
http://www.etalongroup.com/investors/news/
Etalon Group IR Team
T: +44 20 8123 1328
E: info@etalongroup.com
EM
Sam VanDerlip
T: +44 7554 993 032
T: +7 499 918 3134
E: vanderlip@em-comms.com
About Etalon Group
Founded in 1987 by Viacheslav Zarenkov, Etalon Group has become one of Russia's largest
development and construction corporations. The Company focuses on middle class residential real estate in the Moscow and St.
Petersburg metropolitan areas, where it operates through Etalon Invest and LenSpetsSMU subsidiaries. With a 28-year history,
Etalon Group has one of the longest and most successful track records in the Russian real estate industry.
Since its inception, Etalon Group has commissioned 5 million sqm. Etalon Group's CAGR for
deliveries in 2010-2015 was 19%.
Etalon Group's strong reputation among consumers supports its pre-sales business model, which
helps the Company to minimise external financing needs for on-going projects while maintaining a secure liquidity position: net
debt as of 31 December 2015 was RUB 7,397 million.
The Company is vertically integrated, which helps it to control costs, quality and timing, as well
as to demonstrate best-in-class profitability. Etalon Group employs 5,000 people, and its nationwide sales and marketing network
covers 37 Russian cities.
As of 31 December 2015, Etalon Group's portfolio comprised 28 projects, with a total of 2.72
million sqm of unsold net sellable area. JLL valued this portfolio at RUB 104,384 million.
For the year ended 31 December 2015, Etalon Group's new contract sales totalled 385 ths sqm, or
RUB 35,080 million. Deliveries in 2015 totalled 502 ths sqm.
The Company recorded revenue of RUB 42.4 billion and EBITDA of RUB 7.7 billion for the year ended
31 December 2015.
Etalon Group Limited's GDRs have been traded on the Main Market of the London Stock Exchange since
20 April 2011.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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