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REG - Etalon Group Limited - Etalon Group 3Q and 9M 2015 Operating Results Date <Origin Href="QuoteRef">ETLNGq.L</Origin>

RNS Number : 7179B
Etalon Group Limited
09 October 2015

9 October 2015

Etalon Group 3Q and 9M 2015 Operating Results Date

Etalon Group will publish its 3Q and 9M 2015 operating results on Tuesday, 13 October 2015. The Company will host a conference call for investors and analysts on the same day at 15:00 London time (17:00 Moscow; 10:00 New York).

The results announcement and presentation will be published on Company's website (www.etalongroup.com) on the day of the announcement, prior to the conference call.

On the call, Etalon Group President Viacheslav Zarenkov, CEO Anton Evdokimov, CFO Boris Svetlichny and Head of Corporate Investments and Investor Relations Kirill Bagachenko will present the 3Q and 9M 2015 operating results, followed by a question and answer session for participants.

Webcast

http://edge.media-server.com/m/p/neuv9e88

Toll numbers:

+44 20 3427 1909 - London

+7 495 213 0978 - Moscow

+1 212 444 0895 - New York

Toll free numbers:

8 800 500 9312 - Russia

0800 279 4992 - UK

1 877 280 1254 - USA

Conference ID Code: 2177428

This and other recent announcements are available on the Etalon Group website: http://www.etalongroup.com/investors/news/

Etalon Group IR Team

T: +44 20 8123 1328

E: info@etalongroup.com

EM

Sam VanDerlip

T: +44 7554 993 032

T: +7 499 918 3134

vanderlip@em-comms.com

About Etalon Group

Founded in 1987 by Viacheslav Zarenkov, Etalon Group has become one of Russia's largest development and construction corporations. The Company focuses on middle class residential real estate in the Moscow and St. Petersburg metropolitan areas, where it operates through Etalon Invest and LenSpetsSMU subsidiaries. With a 28-year history, Etalon Group has one of the longest and most successful track records in the Russian real estate industry.

Since its inception, Etalon Group has commissioned 4.5 million sqm. Etalon Group's CAGR for deliveries in 2010-2014 was 29%.

Etalon Group's strong reputation among consumers supports its pre-sales business model, which helps the Company to minimise external financing needs for on-going projects while maintaining a secure liquidity position: net debt as of 31 December 2014 was RUB 636 million.

The Company is vertically integrated, which helps it to control costs, quality and timing, as well as to demonstrate best-in-class profitability. Etalon Group employs over 5,000 people, and its nationwide sales and marketing network covers 36 Russian cities.

As of 31 December 2014, Etalon Group's portfolio comprised 29 projects, with a total of 3.11 million sqm of unsold net sellable area. Jones Lang LaSalle valued this portfolio at RUB 104,286 million, a 17% increase in the market value from YE 2013.

For the year ended 31 December 2014, Etalon Group's new contract sales totalled 457 ths sqm, or RUB 39,961 million. Deliveries in 2014 totalled 580 ths sqm.

The Company recorded revenue of RUB 51.5 billion and EBITDA of RUB 10.6 billion, with an EBITDA margin of 21% for the year ended 31 December 2014.

Etalon Group Limited's GDRs have been traded on the Main Market of the London Stock Exchange since 20 April 2011.


This information is provided by RNS
The company news service from the London Stock Exchange
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