Полугодовые финансовые результаты 2017
Raven Russia Limited 2017 Interim Results
29 August 2017
Raven Russia Limited 2017 Interim Results
Raven Russia today announces its unaudited results for the six months ended 30 June 2017.
  • Earnings before tax of $26.0 million (2016: $16.5 million);
  • Revaluation surplus of $11.6 million (2016: deficit of $8.5 million);
  • Cash balances today of $237 million;
  • Acquisition of three assets completed in the period for $86.6 million, generating $13.8 million net operating income per annum;
  • New convertible preference shares issued in July 2017 raising £102 million;
  • Proposed distribution of 1p per ordinary share by way of a tender offer buy back of 1 in 52 shares at 52p.
Glyn Hirsch CEO said, "The financial results have met our expectations but do not fully reflect the acquisition completed in April which will contribute fully in the second half of the year. We are actively pursuing the acquisition of income producing assets. Our current cash balance of $237 million gives us plenty of fire power to invest further. "

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