DOCSLIB.ORG

Annual Report

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text

Load more

PRE-APPROVED APPROVED by the resolution of MTS PJSC Board of Directors by Annual General Meeting of Shareholders of MTS PJSC May 27, 2019, Minutes No. 283 June 27, 2019, Minutes No. 45 Disclaimer This Annual Report has been prepared by Mobile TeleSys- that may lead to material differences between the actual tems PJSC (the “Company”) solely for information purposes results and the assumptions contained in forward-looking and may contain forward-looking statements or forecasts. statements or forecasts, include general economic conditions Such statements or forecasts relate to the matters other prevailing in the markets in which the Company operates, than historical facts or statements, and reflect the Compa- competitive environment and risks associated with operating ny’s intentions, beliefs or current expectations concerning, in such markets, market change in the industry and related inter alia, performance results, financial condition, liquidity, industries, as well as other risks affecting the Company and its efficiency, prospects, growth rates, strategies of the Company activities. Moreover, even if the Company performance results, and industry in which it operates. Nature of the forward-look- financial condition and liquidity and the changes taking ing statements and forecasts implies risk and uncertainty, as place in the industry in which the Company operates comply they relate to events and depend on circumstances that may, with those set forth in the forward-looking statements or or may not arise in the future. The Company cautions that forecasts presented herein, those results or changes may not forward-looking statements and forecasts do not guarantee be illustrative of the results or changes in future periods. The future performance and that actual performance results, finan- Company does not undertake any obligation to review or con- cial condition and liquidity of the Company, as well as changes firm expectations or estimates, or update any forward-looking in the industry in which the Company operates may differ ma- statements or forecasts to reflect the events or circumstances terially from those stated or assumed in the forward-looking occurring or arising after the date of this report. statements or forecasts contained in this report. The factors Welcome to the MTS PJSC 2018 Annual Report! We would like to bring to your attention the Annual Annual Report Preparation Standards Report of MTS PJSC following the results of 2018. The report has been prepared in accordance with the This is the 18th report in succession—we are preparing requirements of the legislation of the Russian Federa- them for you, starting from 2001. tion and regulators’ requirements applicable to MTS, and also in accordance with the Russian and interna- tional standards and practices in the field of public Purpose of the 2018 Annual Report annual reporting. In the provided Report we disclose the consolidated information about the main results of Company’s Annual Report Structure business in accordance with its strategic goals and objectives for short-term, medium-term and long-term. The report comprises four main sections: The annual reporting tool provides an opportunity for 1. About the Company, MTS to comply with the high level of openness and transparency, including ability to inform our investors 2. Management Report, and shareholders, and also customers on cutting-edge 3. Corporate Governance, solutions and services, which the Company introduces into management processes and product lines. 4. Sustainable Development. MTS is an innovative and continuously developing Company, which makes for more convenient, vibrant Strategically-Oriented Report and brighter life. The report is focused on the strategic vision of Compa- We want to tell you about this. ny management, results and key aspects of MTS busi- ness in accordance with the strategy. Special attention is paid to completeness and quality of forecast/expert information on macroeconomics, regional markets of telecommunications providers. here to Find More Info The annual report is available online (interactive version), in the app for iPad, and also in PDF format and W as a printed version in Russian and English. Online version (interactive): https://moskva.mts.ru/about/investoram-i-akcioneram/korporativnoe-upravlenie/raskritie-informacii/ godovaya-otchetnost iPad App: https://itunes.apple.com/ru/app/godovaa-otcetnost-gruppy-mts/id919440557?mt=8 Besides, MTS publishes Sustainable Development Reports annually https://moskva.mts.ru/about/mts-dlya-obshhestva/novosti-i-otcheti/otchet-ustoychivogo-razvitiya bout MTS1 ontents ADear friends, C We are working in the telecommunications industry Our goal is to make sure that MTS customers could use which is strategic for the country development and the opportunities offered by modern mobile technolo- indispensable for resolving a wide range of everyday gy in full, while not limiting themselves in communica- and business tasks of any person. All kinds of services tion. A highly professional MTS team implements new rendered by MTS, such as mobile and fixed-line teleph- ideas and projects daily so that our customers in any ony, Internet access, have long been firmly established region and of any income could use communication in the “consumer basket” of every Russian. services as much as they want and like not bearing any unforeseen costs. Our work is aimed not only at rendering high-quality, beneficial and convenient services to the customers, Join MTS, stay with us for many years and you will as well as ensuring high service level, but we are also always be one step ahead: we know, understand and constantly looking ahead, improving our offer and appreciate you striving to anticipate your expectations! launching advanced services. Today our subscribers can quickly find the right information in the Internet, go shopping, pay for travels, buy tickets for concerts and movies, manage their finances and make many other Yours faithfully, useful and interesting things with the help of a mobile Alexey Kornya, phone. We consider this only the beginning and are MTS President planning for further progress! ompany’s Mission and Strategy More detailed information C https://moskva.mts.ru/about/informaciya-o-mts/mts-v-rossii-i-v-mire/o-kompanii/missiya-i-strategiya 1 In this Annual Report, the terms “MTS,” the “Company,” and the “Group” shall refer to the group of companies consisting of MTS PJSC and its subsidiaries; MTS PJSC shall mean Mobile TeleSystems Public Joint Stock Company. The indicators contained in this Annual Report are as of December 31, 2018, unless other periods or dates are expressly indicated. ontents C1. About the Company 4. Sustainable development MTS Group Today 6 Our Approach to Sustainable Development/ Social Responsibility 230 Expanding Beyond Connectivity 8 Our Employees 244 Main Outcomes for 2018 10 Social Investments 255 Key Events in 2018 12 Information Protection and Security 267 Message of the Board of Directors Chairman 14 2. Management Report 5. Additional Information History of the Company 274 Message of the President 18 Report on fulfilment of the principles MTS Business Model: the Source of Your and recommendations of the Corporate Dividends 20 Governance Code 276 Our markets 22 Main Specifications of Personnel and Looking into the Future 28 Personnel Management System Indicators 307 MTS Innovation Center 32 Glossary 312 Our Strategy 36 Contacts and Additional Information about the Company 314 Business Overview 48 Financial Overview 68 Risk Management 90 Compliance and Culture of Good Faith Behavior 102 3. Corporate Governance Report of the Board of Directors 114 Interaction with Shareholders and Investors 117 Our achievements 123 MTS Group Governance System 124 Management of MTS Group Subsidiaries 206 Internal Control and Audit 211 Capital and securities 218 Corporate Governance Development 225 3 MTS Group Today >65 thousand 5800 employees MTS outlets and around 100 offices of MTS Bank 105 mln >220 thousand km subscribers optic fiber lines, the first 4.9G gigabit networks were launched, 5G is being tested 6 50 regions of Russia 12.6 bln RUB Internet of Things — volume of cash loans networks NB-IоТ granted on the basis MTS are launched in of Big Data in MTS Bank 50 regions 3.5 bln RUB 13 regions of Russia — cumulative effect Within agreements with from the use of Big Data regional authorities, for two years MTS participates in “smart cities” projects in 13 regions of Russia 7 xpanding Beyond EConnectivity Cloud Big Data • >600 #CloudMTS clients • Custom Big Data solution for MTS Retail Workforce Management • 10 data centers • Acceleration of credit issuance and scoring • 7x increase of stored and processed data within #CloudMTS in 2018 • >200 data scientists & engineers • Latest acquisitions: Avantage, IT-Grad AI System Integration • >70% of customer requests via the MTS website are • + 50% LTM revenue growth resolved purely by chat-bot • Launched Industrial IoT pilot projects in 2019 in • >75% accuracy of MTS’s Legal Tech algorithm automation, analytics, machine vision • >40% y-o-y increase in # of deals in Q1 2019 FinTech E-Health • 4x growth in X-selling of MTS Bank services in 2018 • Telemedicine platform for remote doctor consultation • Integration of MTS Bank’s most popular products into the MyMTS app • 10 types of medical specialists 8 Expanding Beyond Connectivity Retail NB-IoT • +31% LTM revenue growth • >50 regions in Russia with MTS NB-IoT coverage • Market share increase from 10% to ≈13% in 2018 • Smart City agreements signed with municipalities in 13 Russian regions • 63% tNPS TV Smart Education • A market leader in adds with ≈70,000 new subscrib- • Face-to-face online training ers per quarter • ≈50% average monthly growth in registered users • 200 TV channels • More than 4 million mobile TV users ESports & e-ticketing • WASD.TV streaming platform launched in March 2019 • Achieved incremental revenue growth via business synergies in ticket X-selling 9 ain Outcomes for 2018 In 2018 MTS Group demonstrated high financial results. gic steps were made to establish a digital ecosystem for MThe Company has advanced significantly on the way of the customers.
Recommended publications
  • New Branches for the 2Africa Subsea Cable System

    New Branches for the 2Africa Subsea Cable System

    New branches for the 2Africa subsea cable system 16 August, 2021: The 2Africa consortium, comprised of China Mobile International, Facebook, MTN GlobalConnect, Orange, stc, Telecom Egypt, Vodafone and WIOCC, announced today the addition of four new branches to the 2Africa cable. The branches will extend 2Africa’s connectivity to the Seychelles, the Comoros Islands, and Angola, and bring a new landing to south-east Nigeria. The new branches join the recently announced extension to the Canary Islands. 2Africa, which will be the largest subsea cable project in the world, will deliver faster, more reliable internet service to each country where it lands. Communities that rely on the internet for services from education to healthcare, and business will experience the economic and social benefits that come from this increased connectivity. Alcatel Submarine Networks (ASN) has been selected to deploy the new branches, which will increase the number of 2Africa landings to 35 in 26 countries, further improving connectivity into and around Africa. As with other 2Africa cable landings, capacity will be available to service providers at carrier- neutral data centres or open-access cable landing stations on a fair and equitable basis, encouraging and supporting the development of a healthy internet ecosystem. Marine surveys completed for most of the cable and Cable manufacturing is underway Since launching the 2Africa cable in May 2020, the 2Africa consortium has made considerable progress in planning and preparing for the deployment of the cable, which is expected to ‘go live’ late 2023. Most of the subsea route survey activity is now complete. ASN has started manufacturing the cable and building repeater units in its factories in Calais and Greenwich to deploy the first segments in 2022.
  • One Day When Women Can Demand Anything

    One Day When Women Can Demand Anything

    MARCH | 2007 | issue # 03 www.passportmagazine.ru Paradigm Shift for doing buSiness in russia iStanbul through russian eyeS one day when women can demand anything contents. Publisher’s Letter 2 reaL esTaTe wine & dine The bottom Line New international dimension Thomas Koessler 36-37 Foreign Passport holders to Moscow’s leading residential realtor 26 A Very Special 8th of March Recipe should read this! 4 for the Ladies 38 Editor’s Choice 6 Novikov’s latest creation stimulates What’s On in Moscow in February 8-9 palate 39 Moscow Museums and Galleries 10 Kids ‘n’ Culture 11 Venues 11 Cover sTory Serviced Apartments grow in number and variety as an alternative to Moscow Hotels 28-29 feaTure Asian Fusion Match 40-43 Asian Fusion 44 CommuniTy Toys for Nostalgia 50 One day when women Postcard from Belarus 50 can demand anything 12-15 Mac vs PC (Or Soar with the Eagles) 51 business Community listing 52 Leaders & Changes 16 Distribution list 53 Paradigm Shift for doing business ouT & abouT in Russia 17-19 Forum to highlight Russia-Singapore business ties 20 From the primordial religion of the great arT hisTory mother to sacred contemporary The silver age of russian art in the oriental art 30-31 pre-soviet period 21 Fighting Fit 32 TraveL performing arT Johnnie Walker Black Label Black Ball 54 Dancing the night away 54 CERBA & Russo-British joint meeting 55 IWC Evening of Excellence raises cash for charity 55 The LasT word Istanbul through russian eyes 22-25 80 Years Young 34-35 Eric Kraus 56 PASSPORT | MARCH | 2007 | issue # 03 .letter from the
  • Russian M&A Review 2017

    Russian M&A Review 2017

    Russian M&A review 2017 March 2018 KPMG in Russia and the CIS kpmg.ru 2 Russian M&A review 2017 Contents page 3 page 6 page 10 page 13 page 28 page 29 KEY M&A 2017 OUTLOOK DRIVERS OVERVIEW IN REVIEW FOR 2018 IN 2017 METHODOLOGY APPENDICES — Oil and gas — Macro trends and medium-term — Financing – forecasts sanctions-related implications — Appetite and capacity for M&A — Debt sales market — Cross-border M&A highlights — Sector highlights © 2018 KPMG. All rights reserved. Russian M&A review 2017 3 Overview Although deal activity increased by 13% in 2017, the value of Russian M&A Deal was 12% lower than the previous activity 13% year, at USD66.9 billion, mainly due to an absence of larger deals. This was in particular reflected in the oil and gas sector, which in 2016 was characterised by three large deals with a combined value exceeding USD28 billion. The good news is that investors have adjusted to the realities of sanctions and lower oil prices, and sought opportunities brought by both the economic recovery and governmental efforts to create a new industrial strategy. 2017 saw a significant rise in the number and value of deals outside the Deal more traditional extractive industries value 37% and utility sectors, which have historically driven Russian M&A. Oil and gas sector is excluded If the oil and gas sector is excluded, then the value of deals rose by 37%, from USD35.5 billion in 2016 to USD48.5 billion in 2017. USD48.5bln USD35.5bln 2016 2017 © 2018 KPMG.
  • Financial Stability Report

    Financial Stability Report

    CENTRAL BANK OF THE REPUBLIC OF ARMENIA FINANCIAL STABILITY REPORT 2017 2018 1 This Financial Stability Report presents an assessment of potential risks that could threaten the stability of financial system of the Republic of Armenia as well as the capacity of the financial system to absorb such risks. More detailed information on Armenia’s macroeconomic environment and financial system analysis is available in the Central Bank’s periodicals, such as Status Report on Monetary Policy Implementation and Armenian Financial System: Development, Regulation, and Supervision. The data published in this report are as of 15.04.2018 The Central Bank of the Republic of Armenia Vazgen Sargsyan 6, Yerevan 0010 Phone: (374 10) 58 38 41 Fax: (374 10) 52 38 52 Internet website: www.cba.am 2 TABLE OF CONTENTS Preface ............................................................................................................................................ 5 1. Developments in the Global Economy ........................................................................................ 8 1.1. Macroeconomic Environment ......................................................................................... 8 1.2. International Financial Markets ...................................................................................... 12 2. Macroeconomic Environment Developments in Armenia ............................................................ 14 2.1. Macroeconomic Developments ......................................................................................14
  • ITU Operational Bulletin

    ITU Operational Bulletin

    ITU Operational Bulletin www.itu.int/itu-t/bulletin No. 1161 1.XII.2018 (Information received by 21 November 2018) ISSN 1564-5223 (Online) Place des Nations CH-1211 Standardization Bureau (TSB) Radiocommunication Bureau (BR) Genève 20 (Switzerland) Tel: +41 22 730 5211 Tel: +41 22 730 5560 Tel: +41 22 730 5111 Fax: +41 22 730 5853 Fax: +41 22 730 5785 E-mail: [email protected] E-mail: [email protected] / [email protected] E-mail: [email protected] Table of Contents Page GENERAL INFORMATION Lists annexed to the ITU Operational Bulletin: Note from TSB ...................................................................... 3 Approval of ITU-T Recommendations ............................................................................................................ 4 The International Public Telecommunication Numbering Plan (Recommendation ITU-T E.164 (11/2010)): Notes from TSB .................................................................... 5 The International Identification Plan for Public Networks and Subscriptions (Recommendation ITU-T E.212 (09/2016)): Notes from TSB .................................................................... 6 Telephone Service: Gambia (Public Utilities Regulatory Authority (PURA), Serrekunda) ........................................................ 7 Service Restrictions ........................................................................................................................................ 11 Call – Back and alternative calling procedures (Res. 21 Rev. PP – 2006) ......................................................
  • Annual Report Annual Reportannual

    Annual Report Annual Reportannual

    World without barriers 2009 Annual report Annual reportAnnual 2009 Presence Overcoming Distance Cooperation with VTB, an international financial group, enables you to control all your business processes, no matter where you are. Mission and values Mission To provide world-class financial services for a sustainably better future for our customers, our shareholders and our society. Values Customer confidence. Our customers’ confidence is our most important value. Reliability. Our prominent position in financial markets, our international expertise and our global scale guarantee our strength and reliability. Transparency. Our business is open and transparent with a focus on partnership and cooperation. Versatility. Our expertise in different financial areas allows us to offer all customers comprehensive and sophisticated solutions. Team Spirit. Our dedicated team of professionals has the advantage of the synergy of knowledge, potential, energy and creative insight of each team member. Vision VTB will be a champion in all our target markets. Identity VTB Group is the leading Russian financial institution with global presence and scale. VTB 2009 Annual Report 2 Statement of the Chairman of the Supervisory Council Dear shareholders, clients and partners, Looking back at 2009, we are pleased that within the overall context of the global economic crisis Russia managed to avoid the worst fears of the market. The domestic economy largely overcame the issues posed by the crisis and even entered the first stage of economic recovery. The current state of the national banking sector can also be considered in a positive light as, in general, it has already achieved stability. The measures undertaken by the Government and the Bank of Russia to support banks in the second half of 2008 and throughout 2009 generally overcame the lack of liquidity in the market and maintained the stability of the financial system by meeting the credit supply needs of the real economy.
  • FASHION MARKET in RUSSIA and SAINT PETERSBURG FLANDERS INVESTMENT & TRADE MARKET SURVEY Market Study

    FASHION MARKET in RUSSIA and SAINT PETERSBURG FLANDERS INVESTMENT & TRADE MARKET SURVEY Market Study

    FASHION MARKET IN RUSSIA AND SAINT PETERSBURG FLANDERS INVESTMENT & TRADE MARKET SURVEY Market study //////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////// FASHION MARKET IN RUSSIA AND SAINT PETERSBURG //////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////// www.flandersinvestmentandtrade.com TABLE OF CONTENT 1. Industry profile ....................................................................................................................................................3 2. State of Russian fashion industry ............................................................................................................. 4 3. Market segmentation and consumer profiles .................................................................................. 10 4. Fashion market in Saint Petersburg ....................................................................................................... 11 5. Fashiontech sector in Russia ...................................................................................................................... 14 6. Export opportunities for Belgian companies ................................................................................... 16 7. Sources .................................................................................................................................................................... 17 8. Contact information .......................................................................................................................................
  • Mtn Group Limited

    Mtn Group Limited

    MTN GROUP LIMITED Telecommunications Company Key Findings: OVERALL SCORE TELECOMMUNICATIONS RANK • MTN made a commitment to human rights at the corporate level, but lacked disclosure of policies % that affect users’ freedom of expression and privacy in practice. 15 6 • MTN disclosed almost no information about how it handles government or private requests to restrict content or accounts, or for user information. South OPERATING COMPANY SERVICES EVALUATED EVALUATED African law prevents disclosure of government • Pre-Paid Mobile requests for user information, but MTN could MTN SOUTH • Post-Paid Mobile disclose government requests for content restrictions and requests from private parties. AFRICA South Africa • MTN revealed little about how it secures user information, including how it responds to data breaches. ANALYSIS MTN ranked sixth out of the 10 telecommunications About MTN Group Limited companies evaluated and 17th in the Index overall.1 Although South Africa’s internet environment is ranked as “free” by MTN Group Limited is a telecommunications company that Freedom House,2 the company operates in a number of serves markets in more than 20 countries in Africa, Asia, challenging markets including Iran, Rwanda, Afghanistan, and the Middle East.3 It offers voice and data services, and and other countries across the Middle East and North Africa, business services, such as cloud, infrastructure, network, making it difficult for the company to disclose concrete software, and enterprise mobility. policies to implement its commitment to respect human Market Cap: USD 16,398 million4 rights across all of its global operations. MTN’s group-level JSE: MTN corporate entity has historically relied on the company’s Domicile: South Africa operations outside of South Africa for revenue.
  • The Information Bulletin of the PIR Center Highly Professional Collective Which It Is Today

    The Information Bulletin of the PIR Center Highly Professional Collective Which It Is Today

    "I hope the PIR Center maintains its tradition of cooperation with authors, continuous attention to its readers' interests, and success 2004 in mastering new issues in the dynamically developing field of interna tional security, WMD nonproliferation, and arms control." Yuri Gorlinskiy, Director, "Systems Analysis" ScientificTechnological Complex Kurchatov Research Institute PPIIRROOGGUUEE "I hope the PIR Center remains the same wellorganized, effective, and The Information Bulletin of the PIR Center highly professional collective which it is today. I'm confident that the authority of the PIR Center will continue to grow." Victor Yesin, Advisor to the Commander of the Russian Strategic Missile Forces Department Head, Russian Security Council, 19962002 "I would like to express my gratitude to the PIR Center staff for what it is doing and to wish it to keep its high reputation in the future." Viktor Koltunov, Deputy Director, Institute for Strategic Stability "I hope that PIR Center will further strengthen its creative capacities, integrating academic and practical recommendations, and providing international political and intellectual context for nuclear security issues." Mikhail Margelov, Chairman of the Russian Federation Council Foreign Relations Committee "Congratulating the PIR Center collective on its anniversary, I wish them interesting creative work, satisfaction in their accomplishments, and understanding and support in the realization of their concepts and initiatives." Igor Sergeev, Assistant to the Russian President for Strategic Stability, 20012004 Russian Defense Minister, 19972001 ON THE ROLE OF NONGOVERNMENTAL ORGANIZATIONS IN THE SPHERE OF WMD NONPROLIFERATION The PIR Center's first decade coincided with a time of turbulent and anxious public inter est within Russia as well as in the rest of the world, focused on the looming threat of the proliferation of nuclear and other weapons of mass destruction, means of their delivery, and on the entire problem of disarmament.
  • Annual Report

    Annual Report

    2014 ANNUAL REPORT TABLE OF CONTENTS Sistema today 2 Corporate governance system 91 History timeline 4 Corporate governance principles 92 Company structure 8 General Meeting of shareholders 94 President’s speech 10 Board of Directors 96 Strategic Review 11 Commitees of the Board of Directors 99 Strategy 12 President and the Management Board 101 Sistema’s financial results 20 Internal control and audit 103 Shareholder capital and securities 24 Development of the corporate 104 governance system in 2014 Our investments 27 Remuneration 105 MTS 28 Risks 106 Detsky Mir 34 Sustainable development 113 Medsi Group 38 Responsible investor 114 Lesinvest Group (Segezha) 44 Social investment 115 Bashkirian Power Grid Company 52 Education, science, innovation 115 RTI 56 Culture 117 SG-trans 60 Environment 119 MTS Bank 64 Society 121 RZ Agro Holding 68 Appendices 124 Targin 72 Binnopharm 76 Real estate 80 Sistema Shyam TeleServices 84 Sistema Mass Media 88 1 SISTEMA TODAY Established in 1993, today Sistema including telecommunications, companies. Sistema’s competencies is a large private investor operating utilities, retail, high tech, pulp and focus on improvement of the in the real sector of the Russian paper, pharmaceuticals, healthcare, operational efficiency of acquired economy. Sistema’s investment railway transportation, agriculture, assets through restructuring and portfolio comprises stakes in finance, mass media, tourism, attracting industry partners to predominantly Russian companies etc. Sistema is the controlling enhance expertise and reduce
  • 25022014 DMG FY 2013 Operating Results ENG Final Clean

    25022014 DMG FY 2013 Operating Results ENG Final Clean

    OJSC DETSKY MIR INCREASED NET INCOME BY 7.2% TO RUB 657 MLN FOR 9 MONTHS 2015 18 November 2015. Russia, Moscow. OJSC Detsky Mir (hereinafter referred to as "Detsky Mir" or "the Company"), Russia's largest children's goods retailer, announces its unaudited financial results under US GAAP for 9M 2015 ended on 30 September 2015. KEY UNAUDITED FINANCIAL AND OPERATING RESULTS FOR 9M 2015 1 o OIBDA increased from RUB 2 263 mln in the first 9 months of 2014 to RUB 2 940 mln in 9 months of 2015, and OIBDA margin amounted to 7.4% o Revenue grew by 34.1% compared to 9M 2014, and reached RUB 40.0bn o The Company opened 49 new stores, including 48 Detsky Mir stores and 1 ELC store o Selling space reached 435,000 sq m in 9M 2015 2 o Like-for-like sales gained 13.8% (with the number of checks growing by 4.3%, and the average check growing by 9.1%) o Gross profit grew by 26.7% in 9M 2015 to RUB 13.8bn; gross margin amounted to 34.6% o Selling, general and administrative expenses to revenue ratio fell from 29.1% to 27.3% due to increased operating efficiency and measures taken to reduce costs o Net income grew by 7.2% to RUB 657 mln compared to the same period of the last year o The Company’s net debt totaled RUB 16.5 bn as of 30 September 2015. The increase in net debt from the beginning of 2015 is due to the active development of the company's retail chain, the construction of a new distribution center and other investment projects KEY UNAUDITED RESULTS FOR THE 12 MONTHS ENDED SEPTEMBER 2015.
  • Detsky Mir Group Adjusted EBITDA Increased by 15.2% Yoy in 2020

    Detsky Mir Group Adjusted EBITDA Increased by 15.2% Yoy in 2020

    Detsky Mir Group Adjusted EBITDA Increased by 15.2% YoY in 2020 Moscow, Russia, 1 March 2021 – Detsky Mir Group (the “Group”, “Detsky Mir” or the “Company”, MOEX: DSKY), the largest children’s goods retailer in Russia and Kazakhstan, announces its audited financial results in accordance with International Financial Reporting Standards (IFRS) for the fourth quarter and twelve months ended 31 December 2020. Q4 2020 Financial Highlights1 . Group consolidated revenue increased by 14.3% year-on-year to RUB 44.5 bn, compared to RUB 38.9 bn in Q4 2019. Online revenue2 increased 2.2x year-on-year to RUB 12.7 bn. o The share of online sales in total revenue of Detsky Mir in Russia increased 1.9x year-on-year to 29.7%. o The share of in-store pick-up service amounted to 83.4%. Revenue in Kazakhstan increased by 21.0% year-on-year to RUB 1.4 bn. Like-for-like sales3 at Detsky Mir stores in Russia and Kazakhstan grew by 5.9%. The number of tickets increased by 1.2%, while the average ticket grew 4.7%. Like-for-like sales at Detsky Mir stores in Russia grew by 5.7%. The number of tickets increased by 1.4%, while the average ticket grew by 4.3%. Detsky Mir opened 41 new branded stores4 in Q4 2020, as well as 11 new Detmir Pickup stores and 7 new Zoozavr stores. The Group had 868 stores5 as of 31 December 2020. Total selling space increased by 6.4% year-on-year to approximately 897,000 sq.