Thirty Seventh Investment Company LLC (UAE) became the owner of 6.329256109% of MKPAO Etalon Group. The change took place on July 28, the company said in a statement .
Thirty Seventh Investment Company is owned by the Mubadala Development Foundation.
The Etalon Group was founded in 1987. Since 2021, the company has been developing in regional markets and building projects in Omsk, Novosibirsk region, Yekaterinburg, Tyumen and Kazan.
Shareholders as of December 31, 2024: AFK Sistema — 48.8%, Mubadala Investment Company — 6.3%, Kopernik Global Investors — 5%, Prosperity Capital — 4.1%; in free circulation — 35.2%.
As of December 31, 2024, Etalon Group controls 130 legal entities (as of December 31, 2023 — 126).
The loss of the Etalon group under IFRS for 2024 amounted to 6.9 billion rubles. compared with a loss of 3.37 billion rubles a year earlier. Revenue increased by 44% to 131 billion rubles, gross profit — by 38% to 41.4 billion rubles. Earnings before interest, taxes, depreciation and amortization (EBITDA) increased by 52% to RUB 27.6 billion.
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