According to the March report, 'Raspadskaia's' net loss for 2025…

According to the March report, 'Raspadskaia's' net loss for 2025 increased to 53 billion rubles compared to 11.7 billion rubles in the previous year. In that period, shareholders received a dividend of 4 rubles per share, with total payouts amounting to 4.12 billion rubles.

Consensus

• Shareholders of 'Raspadnaya' (Seligdar) approved the decision not to pay dividends for 2025
• The company's board of directors recommended the decision to withhold dividends
• The company reported a significant financial loss for 2025
• Shareholders also approved the composition of the board of directors with nine members

Points of divergence

• The company's financial loss increased to 53 billion rubles in 2025 compared to 11.7 billion rubles in the previous year — vedomosti
• The company's revenue dropped by 26% to 119.2 billion rubles in 2025 — vedomosti
• The company's adjusted EBITDA increased by 60% to 44.2 billion rubles in 2025 — kommersant
• The company's revenue increased by 48% to 87.9 billion rubles in 2025 — kommersant
• The company's net debt increased to 140.9 billion rubles in 2025 — kommersant
• The company last paid dividends in the first half of 2024 — kommersant