Beluga Group optimizes the ownership structure. The company has published reports on changes in the ownership structure.
Thus, the share of the offshore shareholder Tottenwell Limited decreased to 2.87% from 13%. Other Cypriot legal entities, Sixth Tower Holdings Limited, which owned 1.99%, and Beluga Vodka International Limited, which owned 0.001%, withdrew from the shareholders.
The share of Orient-West JSC decreased to 39.38% from 50.14%. The sole owner of this company is Alexander Mechetin.
The company attributes these changes to corporate optimization of stock ownership. The new owners are controlled by the issuer of Synergy Market LLC, 7.8% was transferred to it, Synergy Capital JSC received 18.6%.
The deal was made public three days after Beluga Group announced the payment of interim dividends. This payment was the third this year. In total, a record amount of 4.3 billion rubles will be allocated for dividends.
According to the issuer's report, the company is under the control of Alexander Mechetin. Directly, the businessman owns 4.45% of the company, and through Orient-West JSC another 50.14%.
Beluga Group (PJSC "Beluga Group" (TIN 7705634425)) is the largest alcohol company in Russia. The Group owns six production sites, one winery, its own distribution system and a network of retail stores "VinLab".
According to IFRS, Beluga Group increased its net profit by 97% to 2.3 billion rubles in the first half of 2022. Revenue increased by 36.7% to 42.1 billion rubles. EBITDA increased by 94% to RUB 7.2 billion. Gross profit increased by 55% to RUB 17.2 billion. The retained earnings of previous years amounted to 19.25 billion rubles.
The net profit of Beluga Group for 9 months of 2022 increased by 88% to 5.2 billion rubles. compared to a year earlier. Revenue increased by 32% to 66.3 billion rubles, EBITDA - by 71% to 12 billion rubles.