mail.ru group-gdr regs (MLRYY) Key Developments
Mail.ru Group Announces Management Changes
Jun 10 13
Mail.ru Group announced the following changes to the management team: Verdi Israelyan has been appointed as Elected Director and he has stepped down as Chief Financial Officer and Chief Operating Officer (Russia). The Company announces that Matthew Hammond who is currently the Company's Managing Director will also become the Chief Financial Officer and Vladimir Nikolsky who is currently the Vice President of the Games division will become the Chief Operating Officer (Russia).
Mail.ru Group, Annual General Meeting, Jun 07, 2013
May 7 13
Mail.ru Group, Annual General Meeting, Jun 07, 2013., at 12:30 Indian Standard Time. Location: One&Only Royal Mirage. Agenda: To consider election of board of directors.
Mail.ru To Sell Stake In Qiwi
Apr 26 13
Mail.ru Group (LSE:MAIL) intends to reduce its stake in Qiwi plc from 21.35% to 15.60% by selling about 3 million shares after Qiwi holds an initial public offering (IPO) on Nasdaq, Mail.ru's Managing Director, Matthew Hammond, said on April 25, 2013. RIA Novosti reported that Hammond added that the group has to see the results of the forthcoming IPO, before it decides on further stake cuts and under the terms of the offering, Mail.ru Group is prohibited from selling additional stakes in Qiwi within six months after the initial listing.
Mail.ru Group Reports Final Audited Consolidated Earnings Results for the Year Ended December 31, 2012; Reports Group Aggregate Segment Revenue Results for the First Quarter of 2013; Reiterates Earnings Guidance for the Full Year 2013
Apr 25 13
Mail.ru Group reported final audited consolidated earnings results for the year ended December 31, 2012. For the year, the company reported revenue under IFRS was RUB 20,905 million compared to RUB 14,935 million a year ago. Group aggregate segment EBITDA was RUB 11,535 million against RUB 8,381 million a year ago. Profit before tax expenses was RUB 41,289 million compared to RUB 2,524 million a year ago. Group aggregate net profit was RUB 8,552 million against RUB 6,215 million a year ago. Consolidated net profit under IFRS was RUB 38,276 million against RUB 1,008 million a year ago. Group aggregate segment revenue was RUB 21,151 million against RUB 15,215 million a year ago.
For the first quarter of 2013 Group aggregate segment revenue grew 29.4% year on year to RUB 6,254 million against RUB 4,831 million a year ago.
The company expects to see continued improvement in display revenue growth rates through the year. The company has started the year well, and despite an uncertain global economic outlook, the underlying market remains supportive and the structural drivers of business are unchanged. As a result they face the rest of the year with confidence and reiterate full year 2013 guidance of 25% to 28% year on year revenue growth and EBITDA margins in the low 50%.
Mail.ru Group Presents at Bank of America Merrill Lynch 2013 Global Telecom & Media Conference, Jun-04-2013
Apr 9 13
Mail.ru Group Presents at Bank of America Merrill Lynch 2013 Global Telecom & Media Conference, Jun-04-2013 . Venue: Bank of America Merrill Lynch Financial Centre, 2 King Edward Street, London, EC1A 1HQ, United Kingdom.