The revenue of AFK Sistema Group in 2024 according to IFRS increased by 17.8% to 1.23 trillion rubles. compared to a year earlier. Adjusted OIBDA (operating profit before depreciation) increased by 18.5% and reached 330 billion rubles. This is stated in the company's message.
In the housing development segment, revenue increased by 46% and amounted to about 114 billion rubles. Revenue of the hotel business increased by 47% to 17.4 billion rubles, OIBDA — by 39% to 5.7 billion rubles.
The Medsi clinic network, part of the AFK Sistema group, increased revenue by 21% year—on-year to 50.3 billion rubles, and the OIBDA index increased by 25% to 9.8 billion rubles.
PJSC Sistema Joint Stock Financial Corporation (AFK Sistema, TIN 7703104630) is a public diversified corporation. AFK Sistema was founded in 1993.
Sistema's consolidated revenue for the first 9 months of 2024 increased by 20.1% year—on-year, reaching 888.3 billion rubles, adjusted OIBDA by 13%, exceeding 246 billion rubles. Net profit amounted to 1.8 billion rubles.
