30.08.2024
The company’s revenue in the first half of the year increased by 39% - to 26.944 billion rubles. A 2.8-fold increase in revenue was noted in the field of civil construction (12.029 billion rubles). Revenue from road and transport construction projects ranks first in the revenue structure and amounted to 13.756 billion rubles. Operating profit increased by more than 60% compared to the first half of 2023 and amounted to 6.284 billion rubles.
A significant increase in Central Bank of Russia’s key rate became a restraining factor that influenced the growth of profit. In the first half of the year, the amount of expenses on VIS Group’s financial obligations amounted to over 5.6 billion rubles.
The holding invests in the creation of transport, social and utility infrastructure facilities. Large projects are being implemented in the Moscow, Kaliningrad, Novosibirsk regions, Khabarovsk Territory, Yakutia, Yugra and Yamal. The contract portfolio has been formed until 2047 and is estimated at 696 billion rubles. The stability of financial and economic activities and the efficiency of business management were rated highly by experts from the country's leading rating agencies ACRA and Expert RA - at the A (RU) and ruA + levels. Both ratings have a stable outlook.
VIS Group demonstrated growth in key financial indicators based on the results of the first half of the year
VIS Group’s consolidated financial statements for the first half of 2024 according to IFRS standards have been published. The holding's net profit increased by 7.1% and amounted to 2.592 billion rubles. Positive dynamics are noted in all key financial indicators.The company’s revenue in the first half of the year increased by 39% - to 26.944 billion rubles. A 2.8-fold increase in revenue was noted in the field of civil construction (12.029 billion rubles). Revenue from road and transport construction projects ranks first in the revenue structure and amounted to 13.756 billion rubles. Operating profit increased by more than 60% compared to the first half of 2023 and amounted to 6.284 billion rubles.
A significant increase in Central Bank of Russia’s key rate became a restraining factor that influenced the growth of profit. In the first half of the year, the amount of expenses on VIS Group’s financial obligations amounted to over 5.6 billion rubles.
The holding invests in the creation of transport, social and utility infrastructure facilities. Large projects are being implemented in the Moscow, Kaliningrad, Novosibirsk regions, Khabarovsk Territory, Yakutia, Yugra and Yamal. The contract portfolio has been formed until 2047 and is estimated at 696 billion rubles. The stability of financial and economic activities and the efficiency of business management were rated highly by experts from the country's leading rating agencies ACRA and Expert RA - at the A (RU) and ruA + levels. Both ratings have a stable outlook.