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Top related persons:
pipemaker - 1 Ilya Sivtsev - 1 Sivtsev - 1 Kristall - 1 Alexander Marrow - 1 Louise Heavens - 1 Kirsten Donovan - 1
Top related locs:
Russian Ukraine
Top related orgs:
Astra - 1 Moscow - 1 Astra Linux - 1 Alfa Bank - 1 Moscow Exchange - 1 Thomson - 1

Search resuls for: "pipemaker"


2 mentions found


☆ Russian tech firm Astra plans October IPO on Moscow Exchange
  + stars: | 2023-10-02 | by ( Alexander Marrow | Thomson Reuters | Moscow-Based Reporter Covering Russia'S Economy | ) www.reuters.com   time to read: +2 min
Oct 2 (Reuters) - Russian technology company Astra on Monday said it was planning to list its shares on Moscow Exchange this month in an initial public offering (IPO), potentially breathing some life into Russia's moribund equity capital markets. Electric scooter firm Whoosh (WUSH.MM) was the only Russian firm to hold an IPO last year, but its debut raised less than half its initial target and relied heavily on Russian retail investors for capital. Astra dominates Russia's operating system (OS) market with its Astra Linux software. Alfa Bank analysts valued Astra, which more than doubled its core earnings year on year to 5.4 billion roubles in 2022, at around 70 billion-90 billion roubles ($707 million-$909 million) in a report published on Monday. Also on Monday, spirits producer Kristall said it was hoping to raise 1.5 billion roubles in a fourth quarter IPO on Moscow Exchange, something it said would significantly accelerate growth.
Persons: pipemaker, Ilya Sivtsev, Sivtsev, Kristall, Alexander Marrow, Louise Heavens, Kirsten Donovan Organizations: Astra, Moscow, Astra Linux, Reuters, Alfa Bank, Moscow Exchange, Thomson Locations: Russian, Ukraine
☆ Pipemaker Geberit's sales fall, says home improvement boom over
  + stars: | 2023-01-19 | by ( John Revill | ) www.reuters.com   time to read: +2 min
Sales decreased to 3.39 billion Swiss francs ($3.70 billion) from 3.46 billion francs in 2021, which was a record year for a company whose pipes and ceramics are used in renovation and new-build projects. But converting those revenues into Swiss francs had a negative impact of 234 million francs. Sales volumes hit a record level in the first half due to the build-up of inventories at wholesalers. Both those trends were particularly marked during the fourth quarter, when sales fell nearly 14% to 667 million francs. The Swiss company is due to report full-year earnings on March 8.
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