ST. PETERSBURG, Russia--(BUSINESS WIRE)--
LSR Group released its 2020 Sustainability Report
St. Petersburg, Russia – 1 June 2021 – PJSC LSR Group (“LSR” or the “Company”) (LSE: LSRG; MOEX: LSRG), one of the leading real estate developers and building materials producers in Russia, today releases its Sustainability Report, for the year ended 31 December 2020. The Report is available at: https://www.lsrgroup.ru/en/sustainability/sustainability-reports.
The Report was prepared in accordance with the Global Reporting Initiative (GRI) Standards and includes KPMG’s limited assurance report.
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About LSR Group:
PJSC LSR Group is a real estate development and building materials company founded in 1993 and operating in a number of complementary market segments. Its core business areas are production of building materials and real estate development and construction. LSR Group's main operations are located in St. Petersburg and the Leningrad Region, Moscow and the Moscow region and Yekaterinburg. As at 31 December 2020 (according to Knight Frank), the net sellable area of projects in LSR Group’s real estate portfolio amounts to 8.2 million m2 with the market value of RUB 276 billion.
In accordance with its audited IFRS consolidated financial statements for 2020, LSR Group reported revenue of RUB118.1 billion, Adjusted EBITDA of RUB27.4 billion and Net Profit of RUB12.0 billion.
Ordinary shares of the Company are traded on the Moscow Exchange (MOEX: LSRG) and GDRs representing its ordinary shares are traded on the London Stock Exchange (LSE: LSRG).