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Full Year 2015 Operating Results

19th Jan 2016 07:33

RNS Number : 2745M
PJSC LSR Group
19 January 2016
 

 

 

LSR Group Reports Operating Results for 2015

 

LSR Group (LSE: LSRG; MOEX: LSRG), one of the leading real estate developers and building materials producers in Russia, is publishing the operating results for full year 2015.

 

2015 Operational Highlights

New contract sales - 611 th m2 (-39%). Value of the contracts - RUB 54.9bn (-36%),

New contract sales 4Q vs 3Q 2015 - 228 th m2 vs 155 th m2 (+47%),

984 th m2 (-7%) of NSA launched to the market,

Construction volume decreased by 12%, down to 874 th m2,

Increase in sales of bricks - 348 th m3 (+4%).

 

Full version of the press release is available in pdf-format.

 

http://www.rns-pdf.londonstockexchange.com/rns/2745M_-2016-1-19.pdf

 

Notes to Editors:

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, 2014 (according to Colliers International), the net sellable area of the projects in LSR Group's real estate portfolio is equal to 10m m2 with the market value of RUB 135bn. In 2014, the sales revenue of LSR Group amounted to RUB 92,347m (IFRS). LSR Group is a public company, with its GDRs traded on the London Stock Exchange and its ordinary shares traded on MOEX.

 

For more information please contact:

LSR Group Press Service

Tel.: +7 812 333 11 11

Fax: +7 812 458 83 72

E-mail: [email protected] 

www.lsrgroup.ru 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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