Brief: Russia's VK Q1 Adjusted EBITDA At RUB 2.96 Bln, Down 51% Y/Y

VK

28/04/2022 07:06

April 28 (Reuters) - Vk Company Ltd  VKCOq.L :

    * Q1 REVENUE ROSE 10 PERCENT TO 30.58 BILLION RUB
    * SAYS Q1 2022 GROUP TOTAL ADJUSTED EBITDA DECLINED 51% YOY
TO RUB
2,961M
    * SAYS Q1 2022 GROUP TOTAL ADJUSTED NET LOSS WAS RUB
(7,370M),
COMPARED TO Q1 2021 TOTAL ADJUSTED NET LOSS OF RUB (998M),
    * SAYS Q1 2022 GROUP TOTAL IFRS NET LOSS WAS RUB (54,907M),
COMPARED TO Q1 2021 TOTAL IFRS NET LOSS OF RUB (2,457M)
    * SAYS A "DE-LISTING EVENT" FOR VK CONVERTIBLE BONDS HAS
OCCURRED
    * SAYS COMPANY IS DEVELOPING A PROPOSAL TO BONDHOLDERS TO
ADDRESS
EVENT AND POSSIBLE ALTERNATIVES TO PUT OPTION EXERCISE TOGETHER
WITH APPOINTED ADVISORS
    * SAYS REFRAINS FROM PROVIDING FORWARD GUIDANCE AND OUTLOOK
AT
THIS STAGE

Source text for Eikon:  ID:nEQ2qWqvJa 
Further company coverage:  VKCOq.L 

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