retail investors
in regional expansion
+1 region in 2025
and maintaining
profitability
as a share of revenue
EBITDA
in 2024
growth in 2024
sales
in its financial performance
A GDR is a derivative financial instrument that represents shares of a foreign company held in a depositary bank.
Pursuant to a resolution of the General Meeting of Shareholders, the Company’s share capital will be converted at a ratio of 1:1.
According to its dividend policy, the Company distributes at least 40% of its IFRS adjusted net profit as dividends.
Each shareholder is urged to consider his or her own tax consequences and to consult with appropriate tax professionals.
You can find everything you would like to know about upcoming financial, operational and other corporate disclosures in our Investor Calendar, which includes the dates of key events for investors, such as our presentations at conferences and online events.
Our main strategic priorities are outlined here.
Etalon Group is a full-cycle developer. We oversee projects at every stage of development, from land acquisition, design, construction and sales to property management.
We have operations in 10 regions across Russia: Moscow, the Moscow region, St Petersburg, the Leningrad region, Omsk, Ekaterinburg, the Novosibirsk region, Kazan, Tyumen, Rostov-on-Don and Khabarovsk.
Business management and strategic decision-making are carried out at the corporate centre. Project management is carried out by the Group’s regional divisions, which are responsible for the Company’s financial and operational performance within their respective regions.
The construction and maintenance division includes in-house general contractors and subcontractors that execute a range of projects, including outsourced projects; manufacturing enterprises (including facilities for prefab production); property management companies; and companies engaged in R&D.
We recommend that you review our detailed presentation for investors, where you will find important insights into our operations, performance and outlook. For more in-depth information, we recommend that you to visit our Annual Reports page.
The most important indicators for assessing Etalon Group’s performance are the following:
- Revenue: how much the Company receives from sales; revenue is precisely what will enable you to determine the scale of the Company’s business
- Sales: the amount of real estate sold (in sqm) or the value of new contracts (in roubles)
- Cash collections: funds received in accordance with customer contracts during the reporting period
- EBITDA: earnings before interest, taxes, depreciation and amortisation will enable you to effectively evaluate companies in the same industry
- Profitability metrics: EBITDA margin, net profit margin, gross profit margin
- Debt position: reflected in the net debt / EBITDA ratio.
Etalon Group is committed to every aspect of the ESG agenda, including environmental stewardship, social responsibility and corporate governance transparency. The results of our ESG activities are presented in our Sustainability Report and in the section of our Annual Report.
If you have any additional questions, please contact our investor relations and sustainability team ir@etalongroup.com
We also have a blog on T-Pulse and Smart-Lab, where you can leave comments or questions that we will do our best to answer.
IR Team








