Sep
8
Vimpelcom: Growth of ARPU in all directions - September 8, 2008
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On Thursday Vimpelcom published its results under US GAAP 2H 2008 financial report.
Since 2H 2008 Golden Telecom’s results, purchased late February 2008, was fully consolidated in Vimpelcom’s financial report. The given factor has a significant influence on the basic financial results of the company – first of all, [...]
Aug
28
Svyazinvest’s IRCs: It is time to increase tariffs - August 28, 2008
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Mass media reported this week that a range of Svyazinvest’s IRCs plans to increase (or have already increased) the tariffs for unlimited local communications usage to the highest level, confirmed by FTS. Among these companies are: Centertelecom, STC, Uralsvyzinvest and NWTelecom. As other IRCs reported the given issue under a discussion now. We think that [...]
Aug
26
Ports: Remaining possibilities
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Active energy resources export policy of Russia gives a serious boost for development of transport infrastructure. Over half of country’s extracted oil is exported in far abroad and to CIS countries. The primary share of oil transportation is held by Transneft, whilst export of oil products is made through ports mostly. Share of Krasnodar Krai’s [...]
Aug
18
Sibirtelecom: On the edge of debt pit - August 18, 2008
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Earlier this July Sibirtelecom issued a financial report under IAS-compliant financial year 2007. The results in general are quite strong – Sibirtelecom demonstrated one of the top rates of sales increase (among fellow IRCs). More to that – OIBDA margin growth rate has also proved to be highest, adding +9.1 p.p. to 33.6%.
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Aug
14
MTS: The art of subscribers’ activity stimulation - August 14, 2008
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Last Tuesday, MTS has published its financial results for 2Q and 1H 2008 under US GAAP report. The company has demonstrated good dynamics at all markets, where company runs its business. Among the positive results are: revenue (+10.8% against 1Q 2008), totaling higher than 2.5 bn USD. Moreover, MTS has all opportunities to reach revenue [...]
Aug
13
Agrochemical companies: Favorite fertilizers - August 13, 2008
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The market of mineral fertilizers currently undergoes the most interesting period of its existence. Like never before world’s population is close to food crisis, or at least – the high inflation of foods due to active consumption of farming products over last few years. Such background, including undersupply and decrease of farmable grounds, make agrochemical [...]
Aug
5
In the research we continue to analyze WGCs and also reviewing their fundamental prices, on the basis of the financial and production results of 2007.
We have analyzed all WGCs, through discounting cash flows method and put some corrections in our previous forecasts. The changes in our forecasts of fuel and energy [...]
Jul
31
Active energy resources export policy of Russia gives a serious boost for development of transport infrastructure. Over half of country’s extracted oil is exported abroad and to CIS. The primary share of oil transportation is held by Transneft, whilst export of oil products is made through ports mostly. Share of Krasondar Krai’s ports in export [...]
Jul
31
Active energy resources export policy of Russia gives a serious boost for development of transport infrastructure. Over half of country’s extracted oil is exported abroad and to CIS. The primary share of oil transportation is held by Transneft, whilst export of oil products is made through ports mostly. Share of Krasondar Krai’s ports in export [...]
Jul
30
Yesterday, CTC Media has published its 2Q and 1H 2008 US GAAP report. Among new features of the financial report was the consolidation of purchased assets such as DTV channel, Costafilm and Soho Media, the companies producing TV content.
CTC Media’s quarter revenue increased by +26.3%, due to [...]