LSR Group announces financial results for the first half of 2025
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29 August 2025
St. Petersburg, Russia – 29 August 2025 – PJSC LSR Group (“LSR” or the “Company”) (MOEX: LSRG), one of the leading real estate developers and building materials producers in Russia, today announces its consolidated IFRS results for the first six months ended 30 June 2025.
1H 2025 Group’s Financial Results:
- Revenue reached RUB 96,404 million;
- Adjusted EBITDA reached RUB 22,000 million;
- Operating profit was RUB 18,322 million;
- Loss for the first six months of 2025 was RUB 2,517 million.
FINANCIAL RESULTS BY SEGMENT IN 1H 2025:
REAL ESTATE DEVELOPMENT AND CONSTRUCTION
|
|
St. Petersburg |
Moscow |
Yekaterinburg |
|
New contract sales (‘000 sqm) |
120 |
113 |
21 |
|
Revenue (RUB m) |
37,672 |
42,377 |
3,832 |
|
Adjusted EBITDA (RUB m) |
8,639 |
13,413 |
685 |
|
Operating profit (RUB m) |
8,194 |
11,058 |
621 |
BUILDING MATERIALS
|
|
Sales volume |
Revenue (RUB m) |
Adjusted EBITDA (RUB m) |
Operating profit (RUB m) |
|
Total |
8,615 |
637 |
92 |
|
|
Crushed granite (‘000 m3) |
2,464 |
2,425 |
(57) |
(162) |
|
Sand (‘000 m3) |
2,217 |
948 |
121 |
60 |
|
Bricks (million units) |
139 |
2,478 |
430 |
206 |
|
Aerated concrete (‘000 m3) |
312 |
1,658 |
313 |
219 |
***
The complete disclosed condensed consolidated interim financial statements of LSR Group for
1H 2025 are available at https://www.lsrgroup.ru/en/investor-relations/ifrs-reports