LSR Group Reports 1H 2015 Operating Results

LSR Group Reports Operating Results for 1H2015

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 the first half of 2015.

2Q2015 Operational Highlights

• New contract sales - 118 th m2 (-38%). Value of the contracts - RUB 11.2bn (-31%),

• 287 th m2 of NSA launched to the market,

• Construction volume decreased by 18%, down to 235 th m2,

• Increase in sales of building materials: sand - 2,229 th m3 (+14%), brick - 97m units (+13%), ready-mix concrete - 302 th m3 (+3%).

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

http://www.rns-pdf.londonstockexchange.com/rns/2290T_-2015-7-16.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