Investor Presentaiton
Profitability impacted by temporary changes in revenue mix
Residential real estate development adjusted
gross profit*, mln RUB
-25%
5,586
4,200
40%
36%
1H 2015
1H 2016
Residential real estate development adjusted
gross profit*, mln RUB
Adjusted gross profit margin*, %
Consolidated adjusted gross profit*, mln RUB
-22%
5,836
4,565
32%
23%
1H 2015
1H 2016
Consolidated adjusted gross profit*, mln RUB
Adjusted gross profit margin*, %
Etalon Group
Construction services gross profit, mln RUB
+162%
401
5%
153
2%
Highlights
1H 2015
1H 2016
Construction services gross profit, mln RUB
Gross profit margin, %
•
Changes to revenue mix affected gross profit
margin in 1H 2016
Segment revenue breakdown is expected to
•
return to historical levels in the second half of
2016, which should have a positive effect on
consolidated margins
Source: IFRS financial statements
*Adjusted for interest in cost of sales
Operating
Results
Landbank
Valuation
Financial
Results
Selected
Projects
Appendix
18View entire presentation