Analysts and Consensus

VTB Capital Vladimir Bespalov vladimir.bespalov@vtbcapital.com Wood & Co Ildar Davletshin ildar.davletshin@wood.com JP Morgan Alexei Gogolev alexei.gogolev@jpmorgan.com Sberbank CIB Fedor Kornachev kornachev.f.a@sberbank.ru BCS Financial Group Maria Sukhanova msukhanova@bcsgm.com
Target Price and Recommendations
Analyst Consensus Total Net Revenue, mln RUB 22,361 Total Net Revenue growth YoY, % -13.92% Adjusted EBITDA, mln RUB 12,387 Adjusted EBITDA margin, % 55.39% Adjusted Net profit, mln RUB 8,642 Adjusted Net profit growth YoY, % -16.13% Adjusted Net profit margin, % 38.65%