"Expert RA" assigned a rating to the company "Level Group"

AK&M 03 December 2021 17:09

On December 3, 2021, the Expert RA rating agency assigned the creditworthiness rating of the Level Group non-financial company at the ruBBB+ level. The rating forecast is stable. This is stated in the agency's message.

LLC "Level Group" is a development company engaged in the construction of residential and non-residential real estate in Moscow. The main projects of the group are carried out in the business class price segment.

According to the consolidated IFRS statements, the revenue of Level Group LLC for the first half of 2021 amounted to 7.9 billion rubles, net profit - 1.3 billion rubles, Group assets as of 30.06.2021 amounted to 48 billion rubles, equity - 3.7 billion rubles.