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LSR Group

January 16, 2018

LSR Group reports 4Q and 12M 2017 operating results

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 fourth quarter and twelve months of 2017. 

Highlights:
Full year new contract sales amounted to 640 th m2 (-6% y/y). Total value of the contracts was RUB 65.3 bn (-7% y/y).
4Q new contract sales stood at 216 th m2 (+26% y/y) with the value of the contracts reaching RUB 23.6 bn (+35% y/y).
Average price per sqm reached RUB 109 th in 4Q (+7% y/y).
Share of mortgage sales was 47% in 2017.
During the year 780 th m2 launched to the market.
Completions amounted to 909 th m2 (+15% y/y).

Full version of the press release >> >>

For more information please contact:
LSR Group Press Service
E-mail: press@lsrgroup.ru
Tel.: +7 (812) 320 56 53 
www.lsrgroup.ru

 

 

 

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