LSR Group reports its operating results for the second quarter and the first half of 2025
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18 July 2025
Since the beginning of the year LSR Group has sold 255 th. sqm of real estate This equals to RUB 69 billion in monetary terms
St. Petersburg, Russia – 18th July 2025 – PJSC LSR Group (“LSR” or the “Company”) (MOEX: LSRG), one of the leading real estate developers and building materials producers in Russia, announces its operating results for the II quarter and the first six months ended 30 June 2025.
2Q 2025Highlights:
- New contract sales amounted to RUB 27 billion, or 108 th. sqm;
- Share of mortgage sales amounted to 49%.
1H 2025Highlights:
- New contract sales amounted to RUB 69 billion, or 255 th. sqm;
- Share of mortgage sales amounted to 48%.
For further information, please visit www.lsrgroup.ru or contact:
Department of Investor Relations and Sustainable Development
E-mail: IR@lsrgroup.ru
About LSR Group:
PJSC LSR Group PJSC LSR Group is a diversified construction company operating in several complementary market segments. The company was founded in 1993. The main activities are development, construction and production of building materials, management of commercial and sanatorium real estate. The business of LSR Group is concentrated in St. Petersburg, the Leningrad region, Moscow, the Moscow region, Yekaterinburg and Sochi. As of 31 December 2024 (according to NF Group), the net sellable area of projects in LSR Group’s real estate portfolio amounted to 7.6 million m2 with the market value of RUB 489.6 billion.
In accordance with its audited IFRS consolidated financial statements for 2024, LSR Group reported revenue of RUB 239.2 billion, Adjusted EBITDA of RUB 72.2 billion and Net Profit of RUB 28.6 billion.
Ordinary shares of the Company are traded on the Moscow Exchange (MOEX: LSRG).
Some of the information in these materials may contain projections or other forward-looking statements regarding future events or the future financial performance of the Company. You can identify forward looking statements by terms such as "expect", "believe", "anticipate", "estimate", "intend", "will", "could," "may" or "might" the negative of such terms or other similar expressions. The Company wishes to caution you that these statements are only predictions and that actual events or results may differ materially. The Company does not intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in projections or forward-looking statements of the Company, including, among others, general economic conditions, the competitive environment, risks associated with operating in Russia, rapid technological and market change in the industries the Company operates in, as well as many other risks specifically related to the Company and its operations.