Финансовые результаты деятельности компании за 2016 год
Results for the year ended 31 December 2016
Raven Russia Limited ("Raven Russia" or the "Company")

Results for the year ended 31 December 2016

The Board of Raven Russia releases the results for the year ended 31 December 2016.


• IFRS profit after tax $7.7 million (2015: Loss of $192.4 million);
• Underlying earnings after tax of $47.1 million (2015: $54.6 million);
• Basic underlying earnings per share 7.17 cents (2015: 8.17 cents);
• IFRS basic earnings per share 1.17 cents (2015: Loss per share 28.81 cents);
• Year end cash balance of $198.6 million (2015: $202.3 million);
• Diluted net asset value per share 71 cents (2015: 70 cents); and
• Distribution of 2p (2015: 1p) by way of tender offer buy back of 1 in 26 shares at 52p.

CEO Glyn Hirsch said “Local markets feel like they are bouncing along the bottom and we have backed that belief through seeking acquisition opportunities. We are beginning to feel more confident and look forward to improving macro conditions and hard evidence of improved trading on the ground.”

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